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India holds 3rd rank globally in fintech startup funding with $889 million in Jan-June

The Political and Business Daily

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July 05, 2025

INDIA continues to be the third largest fintech startup ecosystem in the world, behind the US and the UK, a report said on Friday, adding that the sector raised a total of $889 million in the January-June period (H1 2025).

Early-stage funding stood at $361 million, a 10 per cent rise from H2 2024 and 9 per cent from H1 2024. The sector witnessed 16 acquisitions in H1 2025, a 45 per cent increase from H1 2024, according to the report by Tracxn, one of the world’s largest platforms for tracking startups and private companies.

"While the Indian FinTech sector has seen a temporary dip in funding, the steady momentum in early-stage investments and growing acquisition activity indicate that investor interest remains strong, particularly in scalable, innovation-led models," said Neha Singh, Co-Founder, Tracxn.

Bengaluru's dominance and the continued emergence of breakout companies reinforce India's position as a global FinTech powerhouse, she added.

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