Indian AI Startup Funding Surges 265% YoY in Q3 to $438 Mn

Indian AI startups raised $438 Mn in Q3 2026, a record quarterly haul and a 265% jump year-on-year, with deal count up 35% to 35. Funding for the first nine months of 2026 topped $1.1 Bn. Still, 63% of surveyed investors see froth in AI valuations.

• Indian AI startups raised $438 Mn in Q3, up 265% year-on-year
• Deal count rose 35% to 35 from 26 a year earlier
• AI funding for the first nine months of 2026 exceeded $1.1 Bn
• 63% of investors see valuation froth; half expect a correction within 18 months