India’s venture capital funding jumps 70% in January, outpaces China

According to GlobalData, India’s venture capital (VC) financing increased by 69.7% year-over-year (Y-o-Y) from $520.5 million in January 2025 to $883.2 million in January 2025, mostly due to a significant increase in transaction volume. Additionally, there were 131 venture capital agreements, up 40.9% from 93 in the same month the previous year.

“This growth trajectory indicates that Indian startups are not only attracting a greater number of VC deals but are also securing larger amounts of capital, reflecting improved investor confidence in the market,” said Aurojyoti Bose, lead analyst at GlobalData. “India continues to remain among the top five markets globally for VC funding activity, both in terms of deal volume and value,” he added.

The building materials platform Infra.Market raised approximately $121 million, Neuberg Diagnostics, a diagnostic service provider, received $109.4 million, and Leap Finance, an education financing company, raised $60 million. These are some of the notable venture capital funding deals that were announced in India in the first month of the year.

India accounted for 9.9% of all venture capital transactions reported worldwide during the month, according to a GlobalData study, but its share of deal value was 3.6%.

“When compared to some major markets, India’s performance stands out. Particularly in the case of China, the VC deal volume dropped by 31.9 per cent, and its deal value remained relatively flat,” said Bose, adding that India’s performance stood out, highlighting the shifting dynamics in Asia’s startup ecosystem.