ETtech Deals Digest: Startups raise $1.2 billion in February so far; up 2x on-year

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Indian startups raised about $1.2 billion in funding between February 1 and 27, marking a 2.2x increase from February 2025, when they had raised a total of $574.8 million across 170 rounds.

This month, startups across multiple stages secured funding through 128 rounds, according to data from market intelligence platform Tracxn. This month’s funding was 62.8% higher than in the previous month.

In January 2026, startups raised around $777.2 million across 112 rounds.

Last week alone — between February 21 and 27 — startups raised around $152.2 million.

Top deals of the month