India’s venture capital market strengthened its global standing in 2025, recording year-on-year double-digit growth in both deal volumes and values during January-November despite persistent volatility across major economies. The divergence from declining trends in other key markets signals rising investor conviction in India’s startup fundamentals, “positioning the country as a strategic destination for long-term VC allocation,” according to GlobalData, a intelligence and productivity platform.
An analysis of GlobalData’s Deals Database revealed that the “total number of VC deals announced in India increased by around 11% YoY during January-November 2025 while the corresponding value rose by around 17%.”
Aurojyoti Bose, Lead Analyst at GlobalData, comments:
“This growth can be attributed to several factors, including a robust digital infrastructure, a burgeoning middle class, and a favorable regulatory environment that encourages entrepreneurship.”
India’s growth trajectory is especially noteworthy, “considering the volatility across other major markets.”
While the US and the UK saw a “contraction in deal volumes, India continued to post growth.”
At the same time, VC funding values “declined in China and the UK, further underscoring India’s relative outperformance.”
Bose adds:
“India continues to remain among the top five markets globally for VC funding activity. And with the significant YoY growth in both deal volume and value, India further solidifies its position as a key player in the global VC space.”
India accounted for around “8% share of the total number of VC deals announced globally during Jan-Nov 2025 while its share of the global value stood at around 4%.”
Bose concludes:
“Looking ahead, India’s VC ecosystem is likely to enter a more selective yet higher-quality growth phase, with capital increasingly concentrating around scalable, revenue-generating startups rather than purely speculative plays. As global investors rebalance portfolios amid macro uncertainty, India stands to benefit from its combination of market depth, digital adoption, and policy continuity, potentially driving larger ticket sizes and deeper sectoral specialization in 2026 and beyond.”
