Top News

Delhi NCR’s technology sector raised 1.7 billion dollars in the first quarter of 2026 across 110 funding rounds, moderating from 1.9 billion dollars in Q1 2025, according to a Tracxn report. Late-stage deals dominated with 1.2 billion dollars, led by enterprise infrastructure. Gurugram accounted for 52 percent of the total funding, followed by Noida and Delhi.

New Delhi: Delhi NCR's tech ecosystem raised $1.7 billion across 110 rounds in Q1 2026, moderating from $1.9 billion raised in the previous year, due to investors being selective and concentrating capital on select deals, a report said on Monday. The report from data intelligence platform Tracxn Technologies Limited noted a profound shift in capital structure as deal count eased to 110 from 153 in Q1 2025, even as three deals accounted for $1.2 billion, or 71 per cent of the quarter's entire haul.

The trend does not indicate "a market in retreat; but a market in selection," it said. Late-Stage funding rounds raised $1.2 billion, while early stage raised $362 million, and seed stage garnered $147 million, and the data reflected a mix of domestic and international institutional conviction across all funding levels. Enterprise infrastructure commanded $869.1 million in Q1 2026 up from $6.24 lakh in Q4 2025.

Environment Tech took second place in rankings with $434 million, followed by the enterprise applications sector. Collectively, these three sectors absorbed over $1.5 billion of the quarter's total of $1.7 billion, signalling a decisive shift in where large-scale capital conviction is being placed. Data centre providers led the business models with $710M from a single round, followed by advanced solar energy generation at $344 million and marketing optimisation at $150 million.

B2C grocery ecommerce, electric vehicles manufacturers, and EV charging solutions also featured in the top ten, but with significantly smaller capital allocations - $40.4 million, $49 million, and $27.8 million respectively. The capital city’s funding preferences align with infrastructure durability over consumer velocity, the report said, analysing the trend.