New Delhi, May 11 (IANS). Delhi NCR’s tech ecosystem has raised $1.7 billion across 110 rounds in the first quarter of 2026, down from $1.9 billion raised last year. The reason for this is that investors remain selective and focus on selected deals. This information was given in the report released on Monday.
The report by data intelligence platform Traxon Technologies Ltd noted a significant change in the capital structure as the number of deals dropped from 153 to 110 in Q1 2025, while the top three deals were valued at $1.2 billion, accounting for 71 percent of total investments in the quarter.
The report said the trend does not indicate a “market decline” but rather “selective investment.” The companies raised $1.2 billion in late-stage funding rounds, $362 million in early-stage and $147 million in seed-stage. The data reflects a mixed trend of domestic and international institutional investment across all funding levels.
Enterprise infrastructure received investments of $869.1 million in the first quarter of 2026. Environmental technology came in second place with $434 million, followed by the enterprise applications sector.
These three sectors together received more than $1.5 billion of the quarter’s total investment of $1.7 billion, signaling a decisive shift in large-scale capital investment.
Data center providers led business models with $710 million in the same round, followed by advanced solar power generation with $344 million and marketing optimization with $150 million.
B2C grocery e-commerce, electric vehicle manufacturers and EV charging solutions were also in the top ten, but received significantly lower capital allocations, at $40.4 million, $49 million and $27.8 million, respectively.
Analyzing the trend, the report says the capital city’s funding priorities are more in line with infrastructure sustainability than consumer momentum.
Delhi NCR recorded 9 acquisitions in Q1 2026 – equal to the number in Q1 2025 – while only one listing took place in the IPO market.
Gurugram accounted for 52 percent of the total capital raised in the first quarter of 2026, leading in regional funding. After this, Noida was at second place with 27 percent and Delhi was at third place with 20 percent. These three cities accounted for 99 percent of the total funding.
–IANS
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