Graphic of the day: Funding mix pivots

Deep tech investors de-risk portfolios by doubling down on early stage ventures rather than speculative seed stage bets

By
Samreen Wani
Last Updated: Dec 22, 2025, 15:36 IST1 min
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India’s deep tech sector is undergoing a strategic pivot. Early-stage funding share climbed to 61.4% in 2025, an 11.4 percentage point surge from 2024. This growth comes at the expense of Seed (down to 16.6%) and Late-stage (down 4 points) segments. The data signals a maturing market aggressively prioritizing commercial scaling over early experimentation.
India’s deep tech sector is undergoing a strategic pivot. Early-stage funding share climbed to 61.4% in 2025, an 11.4 percentage point surge from 2024. This growth comes at the expense of Seed (down to 16.6%) and Late-stage (down 4 points) segments. The data signals a maturing market aggressively prioritizing commercial scaling over early experimentation.

First Published: Dec 22, 2025, 15:38

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Samreen Wani
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