New Delhi, Oct 19 (IANS) Indian auto tech companies raised $1.3 billion across 97 rounds in 2026 year‑to‑date, against $2.1 billion across 195 rounds in 2025, a report said on Monday.
The report from data intelligence platform Tracxn Technologies said that a handful of large, later‑stage rounds accounted for most capital raised, with ten rounds of $34 million or more totalling $900 million.
These ten rounds accounted for roughly 70 per cent of the $1.3 billion total, while the other 87 rounds raised about $400 million, the report added.
Several companies on the soonicorn list were among those raising, and the report records no new unicorn in the period.
The report in its 2026 year‑to‑date review covered funding, unicorns, acquisitions and public listings from January 1, 2026 to October 15, 2026.
Bengaluru‑based companies accounted for nearly 70 per cent of funding, raising $894 million, with Delhi and Mumbai each at around $107 million.
Later-stage funding reached $810 million in 2026 YTD, with Series C and subsequent rounds accounting for 8 of the 10 largest transactions.
Public listings or initial public offerings totalled three in 2026 till October, against 6 in 2025.
The three IPOs had a combined IPO market capitalisation of approximately $52 million.
Another recent report said that auto tech accounted for 87 per cent of M&A value in Q2 2026, highlighting growing strategic investments in software, cybersecurity and connected mobility capabilities.
Despite lower deal volumes, average deal size increased significantly, reflecting a focus on high-value, technology-driven transactions.
Overall automotive deal values eased marginally by 4 per cent sequentially, as capital remained concentrated in a few high-value transactions across mobility platforms, automotive technology and public market fundraisers.
Mobility-as-a-Service led overall sector deal values with $298 million, driven by continued investor interest in scalable mobility platforms.
—IANS
aar/pk
