India has demonstrated a good performance in venture capital (VC) funding activity in early 2025, recording a significant increase in both deal volume and value. The total number of VC deals announced in India surged by approximately 19% during January-April 2025 compared to the same period in the previous year, while the total funding value of these deals experienced a year-on-year (YoY) growth of around 20%, according to GlobalData, a leading data and analytics company.
Aurojyoti Bose, Lead Analyst at GlobalData, comments: “The growth is particularly noteworthy, given the challenges faced by other major markets. Interestingly, this positive trajectory stands in contrast to the trends observed in several key markets where either the total VC funding deal volume or the deal value has seen a decline, while some markets even experienced a decline in both.”
For instance, the US and the UK registered growth in VC funding value but a fall in deal volume during January-April 2025 compared to January-April 2024. Meanwhile, China experienced a decline in both VC deal volume and value during the same period.
It is also noteworthy that India continues to be a key global market for VC funding activity and remained among the top five countries in terms of both deal volume and value during the first four months of 2025.
An analysis of GlobalData’s Deals Database revealed that India accounted for more than 8% of the total number of VC deals announced globally during January-April 2025, while its share of the corresponding funding value was more than 3%.
Bose concludes: “The increase in VC deal volume and value is a testament to the confidence investors have in the Indian market. As startups continue to innovate and scale, we can expect this trend to gain momentum, further enhancing India’s position as a global VC hub.”
