Tech Innovators
Visual IntelligenceTech Innovators.Follow the money in Indian tech

Tech Innovators · Visual Intelligence

Follow the money in Indian tech.

A live view of every funding round we track — where the capital is going, which sectors and stages pull it, and the cities that anchor it. Every figure on this page is computed directly from the Tech Innovators database. Nothing is estimated.

$26.1B

Total disclosed capital across 74 funding rounds we track.

74

Funding rounds logged and attributed.

49

Distinct companies with tracked funding.

$3.6B

Largest single round — Flipkart.

$7.1B

Raised in E Commerce, the leading sector.

The story, chapter by chapter

Chapter 01 · Momentum

2021 was the peak year we've logged

Plotting every dated round by year, capital peaked in 2021 at $11.4B. The shape below is the real cadence of the rounds in our database — it fills in as we log more history.

Chapter 02 · Sectors

E Commerce attracts the most capital

Sorted by money raised, E Commerce leads with $7.1B. Sector is where the story of where India’s technology economy is heading becomes concrete.

Chapter 03 · Stages

Series D+ carries the most capital

Following the money by round stage shows where in a company’s life the capital concentrates — today that’s Series D+ at $19.9B.

Chapter 04 · Geography

Bengaluru anchors the map

Indian technology capital is not evenly spread. By headquarters, Bengaluru concentrates the most, $15.8B — a pattern the full ledger below makes tangible.

Capital raised, by year

2017$5.0B
2018$610M
2019$2.6B
2020$960M
2021$11.4B
2022$2.5B
2023$1.6B
2024$1.2B
2026$242M

The biggest deals

Notable rounds

July 2021
Flipkart$3.6B

PE / Late-stage · E Commerce · GIC, SoftBank, Walmart

August 2017
Flipkart$2.5B

Series D+ · E Commerce · SoftBank Vision Fund

May 2017
Paytm$1.4B

Series D+ · Fintech · SoftBank Vision Fund

October 2017
Ola$1.1B

Series D+ · Mobility · SoftBank, Tencent

November 2019
Paytm$1.0B

Series D+ · Fintech · T. Rowe Price, Ant Financial, SoftBank

March 2022
Byju's$800M

Series D+ · Edtech · Sumeru, BlackRock

January 2022
Swiggy$700M

Series D+ · Foodtech · Invesco, Prosus

June 2024
Zepto$665M

Series D+ · Quick Commerce · Avenir, Lightspeed

The full ledger

Every round we track

Search by company, investor or sector; sort any column. Click a company to open its intelligence profile without leaving the page.

71 rounds · $26.1B
Investors
FlipkartPE / Late-stage$3.6B1 Jul 2021E CommerceGIC, SoftBank, Walmart
FlipkartSeries D+$2.5B1 Aug 2017E CommerceSoftBank Vision Fund
PaytmSeries D+$1.4B1 May 2017FintechSoftBank Vision Fund
OlaSeries D+$1.1B1 Oct 2017MobilitySoftBank, Tencent
PaytmSeries D+$1.0B1 Nov 2019FintechT. Rowe Price, Ant Financial, SoftBank
Byju'sSeries D+$800M1 Mar 2022EdtechSumeru, BlackRock
SwiggySeries D+$700M1 Jan 2022FoodtechInvesco, Prosus
ZeptoSeries D+$665M1 Jun 2024Quick CommerceAvenir, Lightspeed
ZomatoSeries D+$660M1 Sept 2020FoodtechTiger Global, Kora, Ant Financial
Pine LabsSeries D+$600M1 May 2021FintechFidelity, BlackRock
UdaanSeries D+$585M1 Oct 2019B2B CommerceLightspeed, DST Global
MeeshoSeries D+$570M1 Sept 2021E CommerceFidelity, B Capital
ShareChatSeries D+$502M1 Apr 2021ConsumerLightspeed, Tiger Global
LenskartPE / Late-stage$500M1 Mar 2023ConsumerADIA, ChrysCapital
Cars24Series D+$450M1 Sept 2021AutoDST Global, Falcon Edge
UnacademySeries D+$440M1 Aug 2021EdtechTemasek, SoftBank
DelhiverySeries D+$413M1 Mar 2019LogisticsSoftBank Vision Fund
Cars24Series D+$400M1 Dec 2021AutoAlpha Wave Global
Dream11Series D+$400M1 Nov 2021GamingTCV, Falcon Edge
Ola ElectricPE / Late-stage$384M1 Oct 2023EVTemasek, State Bank of India
RazorpaySeries D+$375M1 Dec 2021FintechLone Pine, Alkeon, TCV
BharatPeSeries D+$370M1 Aug 2021FintechTiger Global, Dragoneer
PhonePePE / Late-stage$350M1 Jan 2023FintechGeneral Atlantic
Byju'sSeries D+$350M1 Jun 2021EdtechUBS, Blackstone
PharmEasySeries D+$350M1 Apr 2021HealthtechProsus, TPG
ZeptoSeries D+$340M1 Aug 2024Quick CommerceGeneral Catalyst, Dragoneer
MeeshoSeries D+$300M1 Apr 2021E CommerceSoftBank, Prosus
SpinnySeries D+$283M1 Nov 2021AutoTiger Global, ADQ
UdaanSeries D+$280M1 Jan 2021B2B CommerceExisting investors
LenskartSeries D+$275M1 Dec 2019ConsumerSoftBank Vision Fund
ShareChatSeries D+$255M1 Jun 2022ConsumerGoogle, Times Group
GrowwSeries D+$251M1 Oct 2021FintechICONIQ Growth
ChargebeeSeries D+$250M1 Feb 2022SaaSTiger Global, Sequoia
GupshupSeries D+$240M1 Jul 2021SaaSFidelity, Tiger Global
PostmanSeries D+$225M1 Aug 2021SaaSInsight Partners
CREDSeries D+$215M1 Apr 2021FintechFalcon Edge, Coatue
PhysicsWallahSeries B$210M1 Sept 2024EdtechHornbill, Lightspeed
upGradSeries D+$210M1 May 2022EdtechETS, Bodhi Tree
SwiggySeries D+$210M1 Jun 2018FoodtechNaspers, DST Global
ZeptoSeries D+$200M1 Aug 2023Quick CommerceStepStone Group
PhonePePE / Late-stage$200M1 Apr 2023FintechWalmart
Ola ElectricSeries D+$200M1 Sept 2021EVFalcon Edge, SoftBank
Go DigitSeries D+$200M1 Jul 2021InsurtechSequoia, IIFL, Faering
BrowserStackSeries B$200M1 Jun 2021SaaSInsight Partners, BOND
Byju'sSeries D+$200M1 Jan 2020EdtechGeneral Atlantic, BOND
PolicyBazaarSeries D+$200M1 Jun 2018FintechSoftBank Vision Fund
ZomatoSeries D+$200M1 Feb 2018FoodtechAnt Financial
upGradSeries D+$185M1 Aug 2021EdtechTemasek, IIFL
RazorpaySeries D+$160M1 Apr 2021FintechGIC, Sequoia Capital
FreshworksSeries D+$150M1 Nov 2019SaaSSequoia, Accel, CapitalG
BigBasketSeries D+$150M1 May 2019E CommerceMirae Asset, Alibaba
CREDSeries D+$140M1 Jun 2022FintechGIC, Tiger Global
ChargebeeSeries C$125M1 Apr 2021SaaSInsight Partners, Tiger Global
PixxelSeries C$100M27 Sept 2026SpacetechTemasek, Seraphim Space, 360 ONE Asset, IMM Investment, Radical Ventures, growX Ventures
PhysicsWallahSeries A$100M1 Jun 2022EdtechWestBridge, GSV Ventures
GupshupSeries C$100M1 Apr 2021SaaSTiger Global
RazorpaySeries C$100M1 Oct 2020FintechGIC, Sequoia Capital
EmaSeries B$77 Mn24 Sept 2026AICreaegis
NuaSeries C$50M27 Sept 2026HealthtechPeak XV Partners, Filter Capital
VerifAIXSeed$5 Mn16 Sept 2026SemiconductorsEndiya Partners, Bluehill VC
CircolifePre-Series A$4.5 Mn8 Sept 2026Cooling As A ServiceBharat Jaisinghani
DigitalPaaniUndisclosed₹22 Cr8 Sept 2026WatertechNavam Capital, Enzia Ventures, Chakra Growth Capital, 3one4 Capital, Momentum Capital
Enlight MetalsUndisclosed$1.5 Mn17 Sept 2026Metal ProcurementExar North Group
ByteAskPre-seed$1 Mn24 Sept 2026AIY Combinator
DemoversePre-seed$600K22 Sept 2026AILumikai
ONYAPre-Series A₹12.5 Cr24 Sept 2026JewelleryDivisa Family Office, Zeropearl VC
NuvahPre-seed₹4 Cr22 Sept 2026Comfort FootwearAmit Jain, Shantanu Deshpande, Ishendra Agarwal
Protein PantrySeed₹9 Cr22 Sept 2026FoodtechSharrp Ventures
DefinedgePre-Series A₹22 Cr22 Sept 2026FintechNitin Agarwal, D. Prasad and others
FactrikaSeed₹8.9 Cr17 Sept 2026Industrial WorkforceInfo Edge
DheyaTechPre-Series A₹43 Cr17 Sept 2026DeeptechAvaana Capital

The backers

Most active investors

01SoftBank11 rounds
02Tiger Global9 rounds
03Sequoia Capital5 rounds
04Temasek4 rounds
05Lightspeed4 rounds
06GIC4 rounds
07Prosus4 rounds
08Falcon Edge4 rounds
09DST Global3 rounds
10Fidelity3 rounds
11Insight Partners3 rounds
12Ant Financial3 rounds

Ranked by number of rounds an investor appears in, across our database.

Tech Innovators · Visual Intelligence

Intelligence you can act on, built from India’s technology economy.

Every figure here is computed live from our own company and funding database — updated as our coverage deepens.