# Median Series A round in India (2026)

> The median Series A round in India is $10M, from 39 rounds announced in the last 12 months. Half raised between $6.7M and $16M.

Source: https://millionrounds.com/benchmarks/series-a/india (Millionrounds; every figure on the page links to its filing or article)

Funding benchmark · last 12 months

# The typical Series A round in *India*

From 39 Series A rounds announced in India over the last twelve months, each read from a named source. Half of them raised between $6.7M and $16M.

See the rounds[All benchmarks](https://millionrounds.com/benchmarks)

Series A India

Median round

**$10M**

$3.7M 1 in 10 below $6.7M – $16M middle half $23M 1 in 10 above

39 rounds counted · recounted nightly

Rounds counted **39** Series A rounds in India, last 12 months

Against worldwide **-49%** vs the $20M worldwide median

Since last round **-** too few earlier rounds on record

Lead named **97%** of these rounds name the investor who led

The trend

## Median Series A round, quarter by quarter

From $19M in 2026 Q1 to $11M in 2026 Q3. Quarters with fewer than five rounds are left blank.

'24 Q4 3 rds

'25 Q1 3 rds

'25 Q2 0 rds

'25 Q3 4 rds

'25 Q4 3 rds

$19M '26 Q1 8 rds

'26 Q2 3 rds

$11M '26 Q3 12 rds

Who leads

## The most active leads

The firms that led the most Series A rounds in India this year.

- [1 **Blume Ventures** 5 led](https://millionrounds.com/fund/blume-ventures)
- [2 **Elevation Capital** 3 led](https://millionrounds.com/fund/elevation-capital-2)
- [3 **IAN Alpha Fund** 3 led](https://millionrounds.com/fund/ian-alpha-fund)
- [4 **General Catalyst** 2 led](https://millionrounds.com/fund/general-catalyst)
- [5 **Accel** 2 led](https://millionrounds.com/fund/accel)
- [6 **Nexus Venture Partners** 2 led](https://millionrounds.com/fund/nexus-venture-partners)

Recent examples

## Series A rounds in India, latest first

- [**Manastu Space** 30 Oct 2026 Not named $2.3M -77%](https://millionrounds.com/company/manastu-space)
- [**Ace Blend** 30 Oct 2026 3one4 Capital $9.9M -3%](https://millionrounds.com/company/ace-blend)
- [**Cent** 28 Oct 2026 Blume Ventures $15M +47%](https://millionrounds.com/company/cent)
- [**axiTrust** 26 Oct 2026 argor.vc $5.0M -51%](https://millionrounds.com/company/axitrust)
- [**Mesa School of Business** 13 Oct 2026 Elevation Capital $12M +13%](https://millionrounds.com/company/mesa-school-of-business)
- [**KISAH** 9 Oct 2026 Fireside Ventures $3.7M -64%](https://millionrounds.com/company/kisah)
- [**Sunfox Technologies** 7 Oct 2026 3one4 Capital $7.0M -31%](https://millionrounds.com/company/sunfox-technologies)
- [**Disha** 19 Sept 2026 General Catalyst $6.0M -42%](https://millionrounds.com/company/disha)

**How to read these figures**

They come from announced rounds. Large rounds are almost always announced and many small ones never are, so the true typical round is probably a little smaller than shown, most of all at pre-seed and seed. Every round behind them is in the record with its source. [How we read rounds](https://millionrounds.com/methodology).

Other stages in India

[**Seed** $2.5M](https://millionrounds.com/benchmarks/seed/india)

Series A elsewhere

[**AI** $21M](https://millionrounds.com/benchmarks/series-a/ai)[**United States** $25M](https://millionrounds.com/benchmarks/series-a/united-states)[**Fintech** $16M](https://millionrounds.com/benchmarks/series-a/fintech)[**Healthcare** $20M](https://millionrounds.com/benchmarks/series-a/healthcare)[**United Kingdom** $14M](https://millionrounds.com/benchmarks/series-a/united-kingdom)[**Robotics** $28M](https://millionrounds.com/benchmarks/series-a/robotics)[**Biotech** $32M](https://millionrounds.com/benchmarks/series-a/biotech)[**Construction** $23M](https://millionrounds.com/benchmarks/series-a/construction)[**Cybersecurity** $25M](https://millionrounds.com/benchmarks/series-a/cybersecurity)[**Big Data & Analytics** $21M](https://millionrounds.com/benchmarks/series-a/big-data)[**Software** $18M](https://millionrounds.com/benchmarks/series-a/software)[**Energy** $26M](https://millionrounds.com/benchmarks/series-a/energy)[**Manufacturing** $19M](https://millionrounds.com/benchmarks/series-a/manufacturing)[**Enterprise Software** $21M](https://millionrounds.com/benchmarks/series-a/enterprise-software)[**Logistics** $13M](https://millionrounds.com/benchmarks/series-a/logistics)[**Defence Tech** $25M](https://millionrounds.com/benchmarks/series-a/defensetech)[**Hardware & Electronics** $25M](https://millionrounds.com/benchmarks/series-a/hardware)[**Financial Services** $20M](https://millionrounds.com/benchmarks/series-a/financial-services)[**Climate Tech** $15M](https://millionrounds.com/benchmarks/series-a/climate)[**Australia** $15M](https://millionrounds.com/benchmarks/series-a/australia)[**Healthtech** $13M](https://millionrounds.com/benchmarks/series-a/healthtech)[**SaaS** $17M](https://millionrounds.com/benchmarks/series-a/saas)

## Raising a Series A round?

See who leads rounds like yours, and check your raise before you pitch.

[Take the Fundability Test](https://millionrounds.com/fundability)[Or find investors](https://millionrounds.com/investor-database)

## Q&A

How big is a typical Series A round in India?

The median is $10M, from 39 Series A rounds announced in India in the last twelve months. Half of them raised between $6.7M and $16M; one in ten raised more than $23M.

Which rounds are counted?

Rounds announced in the last twelve months with a stated amount and stage, each read from a named article or filing. A page is only published where at least 30 rounds stand behind it.

Are these figures biased?

Towards larger rounds, yes. Big rounds are announced; many small ones never are. So the true typical round is probably a little smaller than the figure here, especially at pre-seed and seed.

How often does it change?

The figures are recounted from the record every night, as new rounds are read.
