India's $10.3B Startup Quarter: Mega-Deals, IPO Mania, and the Insurtech Earthquake

$10.3 billion — that's how much Indian tech companies have raised in the first nine months of 2026, a 6.18% jump from $9.7 billion in the same period last year, according to a Tracxn report. But the real story is in the denominator: just 1,134 funding rounds closed — a brutal 38% decline from 1,838 a year earlier. Fewer bets, fatter checks. Enterprise apps, fintech, and enterprise infrastructure are where the mega-rounds are landing, anchored by Nxtra's...