About High Tech sector in India
The High Tech sector in India comprises 17.9K companies, including 3.08K funded companies having collectively raised $16.9B in venture capital money and private equity. Out of these, 616 are Series A+ funded, and 12 have achieved unicorn status.
High Tech sector in India has seen 207 acquisitions and 75 IPOs.
This sector includes companies building technology-intensive products and software related to Drones, 3D Printing, Nanotechnology, and Edge Computing.
High Tech sector is also known as Advanced Tech, Emerging Tech, Deep Tech, Disruptive Tech or Innovative Tech.
Companies offering HiTech solutions like 3D Printing, Virtual Reality, Augmented Reality, Natural Language Processing, etc are included in this sector. Excludes companies that provide solutions which do not involve much technology like, E-Commerce, Agricultural equipments, biomedical equipments, life science solutions, cybersecurity solutions, service solution providers for technology companies, IT services, etc.
Top High Tech Companies in India
There are 17,948 High Tech startups in India which include Ultrahuman, TrueFan AI, boAt, Atomberg, Newspace Research and Technologies. Out of these, 3,080 startups are funded, with 616 having secured Series A+ funding, and 12 achieving unicorn status.
2026 has seen the creation of 1,012 High Tech startups in India. Over the past 10 years, an average of 1,117 new companies have been launched annually. Notably, several of these startups have been founded by alumni of BITS Pilani, IIT Bombay and IIT Delhi.
Here is the list of top High Tech startups in India
1. Ultrahuman
Developer of wearable health monitors and metabolic glucose tracking devices. These products track sleep, recovery, and metabolic markers to provide health insights. The hardware includes rings for sleep monitoring, continuous glucose monitors, and red light therapy equipment. Software platforms interpret health data and blood test results to assist with physiological performance and wellness management.
Key facts about Ultrahuman
- Founded Year: 2019
- Location: Bengaluru (India)
- Stage: Series C
- Total Funding till date: $173M
- Investors: Steadview, Nexus Venture Partners and 48 Others
- Latest Funding Round: Venture Debt, Sep 03, 2026, $*****
- Tracxn Score: 81/100 What is this?
- Competitors Rank: 1 of 98 Competitors
2. TrueFan AI
Provider of AI video platform for enterprise marketing and content creation. It offers solutions for creating scalable, personalised video content. The platform supports multiple languages from a single recording. It provides AI video solutions for enterprises, plugging into existing workflows.
Key facts about TrueFan AI
- Founded Year: 2020
- Location: Gurugram (India)
- Stage: Series A
- Total Funding till date: $21.1M
- Investors: Z3Partners, Mayfield and 30 Others
- Latest Funding Round: Series A, Jun 04, 2026, $*****
- Tracxn Score: 78/100 What is this?
- Competitors Rank: 4 of 6,798 Competitors
3. boAt
Retailer of personal audio and wearable products, plus mobile accessories. The company provides various types of headphones, earphones, and earbuds. Also offered are smart watches, speakers, and related accessories. The company provides options for personalizing certain products.
Key facts about boAt
- Founded Year: 2016
- Location: Gurugram (India)
- Stage: Series C
- Total Funding till date: $171M
- Investors: Fireside Ventures, Qualcomm Ventures and 56 Others
- Latest Funding Round: Angel, Feb 01, 2024, $*****
- Tracxn Score: 77/100 What is this?
- Competitors Rank: 1 of 1,046 Competitors
4. Atomberg
Manufacturer of energy efficient ceiling fans kitchen appliances smart locks. The company specializes in energy-efficient smart home appliances like BLDC ceiling fans, mixer grinders, water purifiers, and more. These appliances utilize motor technology designed to reduce power consumption during operation. The product range covers household cooling, food preparation, and home security requirements.
Key facts about Atomberg
- Founded Year: 2012
- Location: Mumbai (India)
- Stage: Series C
- Total Funding till date: $119M
- Investors: Parampara Capital, A91 Partners and 25 Others
- Latest Funding Round: Series C, Oct 17, 2025, $*****
- Tracxn Score: 77/100 What is this?
- Competitors Rank: 1 of 81 Competitors
Manufacturer of uncrewed aerial systems for military and civilian applications. These systems include hybrid multi-rotor aircraft, tethered electric platforms, and loitering munitions. The technology incorporates intelligent mesh networks and autonomous ground interdiction capabilities. These platforms support parallel task execution and dynamic retasking for various operational requirements.
Key facts about Newspace Research and Technologies
- Founded Year: 2018
- Location: Bengaluru (India)
- Stage: Series B
- Total Funding till date: $73.2M
- Investors: Hda Tech Growth, QRG Investments and Holdings and 100 Others
- Latest Funding Round: Series B, Aug 01, 2024, $*****
- Tracxn Score: 77/100 What is this?
Companies founded year-on-year in the High Tech sector in India
1,012 new startups have been founded so far in 2026 in the High Tech sector in India. 1,261 High Tech startups in India were founded in 2021 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | 1,012 |
2025 | 1,259 |
2024 | 1,130 |
2023 | 1,105 |
2022 | 1,065 |
2021 | 1,261 |
2020 | 1,115 |
2019 | 1,173 |
2018 | 1,101 |
2017 | 954 |
Stage-wise distribution of High Tech sector companies in India
Out of the total 17,948 High Tech companies in India, 3,080 have secured funding. Among them, 616 have reached Series A or higher, and 375 to Series B or beyond.
Founded - 17,948
Funded - 3,080
Series A+ - 616
Series B+ - 375
Series C+ - 318
Company Stage | No. of companies |
|---|---|
Founded | 17,948 |
Funded | 3,080 |
Series A+ | 616 |
Series B+ | 375 |
Series C+ | 318 |
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Funding Trends in the High Tech sector in India
Total funding year-on-year in the High Tech sector in India
The High Tech sector in India saw a total funding of more than $14.9B in the last 10 years. The most amount of funding has been in 2026 at more than $3.09B till date.
- Total Funding
Year | Total Funding |
|---|---|
2026 | $3.09B |
2025 | $2.43B |
2024 | $2.32B |
2023 | $1.32B |
2022 | $2.59B |
2021 | $1.25B |
2020 | $560M |
2019 | $554M |
2018 | $611M |
2017 | $210M |
Recent Funding Rounds in High Tech in India
In the year 2026, till October 2026, High Tech companies in India have raised $2.94B in equity funding across 287 rounds.
In the same period last year (i.e. till October 2025), High Tech companies in India had raised $1.63B across 493 rounds.
So, 2026 has seen a 80.03% rise in funding in High Tech companies in India as compared to 2025.
Here are some recent, important funding rounds in High Tech companies in India:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Seed | 1318 | Oct 29, 2026 | ||
Seed | 8790 | Oct 28, 2026 | - | |
Series B | 5213 | Oct 27, 2026 | ||
Seed | 2966 | Oct 26, 2026 | ||
Seed | 2861 | Oct 23, 2026 |
Top Investors in High Tech in India
SOSV is the top investor in High Tech companies in India based on number of companies invested.
Here are some top investors in High Tech companies in India:
Investor | Location | Top Portfolio Companies |
|---|---|---|
New York City (United States) | ||
Menlo Park (United States) | ||
Palo Alto (United States) | ||
Cambridge (United States) | ||
Redwood City (United States) |
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M&A activity in High Tech sector in India
In the year 2026, till October 2026, 18 acquisitions happened in High Tech sector in India. Last year, in 2025, a total of 28 acquisitions happened in High Tech sector in India.
Here are some recent, important acquisitions in High Tech sector in India:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Oct 27, 2026 | ||
Business Acquisition | Oct 26, 2026 | ||
Business Acquisition | Oct 07, 2026 | ||
Business Acquisition | Aug 24, 2026 | ||
Business Acquisition | Jul 24, 2026 |
Acquisition trends in High Tech sector in India
Here are the acquisition trends in High Tech sector in India:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | 18 |
2025 | 28 |
2024 | 14 |
2023 | 21 |
2022 | 36 |
2021 | 24 |
2020 | 4 |
2019 | 25 |
2018 | 16 |
2017 | 11 |
IPOs in High Tech in India
In the year 2026, till October 2026, 7 IPOs happened in High Tech sector in India.
Here are some recent, important IPOs in High Tech sector in India:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Oct 23, 2026 | Bombay Stock Exchange (BSE), National Stock Exchange (NSE) | |
Oct 21, 2026 | National Stock Exchange (NSE), Bombay Stock Exchange (BSE) | |
Oct 13, 2026 | Canadian Securities Exchange (CSE) | |
Sep 28, 2026 | Bombay Stock Exchange (BSE) | |
Aug 17, 2026 | Bombay Stock Exchange (BSE), National Stock Exchange (NSE) |
Colleges which produce the most High Tech companies in India
Companies founded by alumni from top colleges in the High Tech in India
Most number of High Tech startups in India have been founded by alumni from BITS Pilani, IIT Bombay and IIT Delhi.
College | No. of companies |
|---|---|
BITS Pilani | 261 |
IIT Bombay | 246 |
IIT Delhi | 224 |
IIT Kharagpur | 209 |
IIT Kanpur | 156 |
IIT Madras | 142 |
Indian School of Business | 96 |
IIT Roorkee | 79 |
Anna University | 64 |
IIM Ahmedabad | 62 |
Total funding in High Tech companies founded by alumni from top colleges in India
In the last 10 years, IIT Bombay graduates' High Tech companies in India have raised the most funding among top colleges. IIT Kharagpur alumni are second, and IIT Delhi alumni are third.
College | Total Funding |
|---|---|
IIT Bombay | $1.87B |
IIT Kharagpur | $1.57B |
IIT Delhi | $1.28B |
BITS Pilani | $1.23B |
Stanford University | $1.01B |
IIT Kanpur | $844M |
IIT Madras | $793M |
Carnegie Mellon University | $502M |
ETH Zurich | $411M |
Harvard Business School | $395M |
Top News in High Tech in India
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Noise and Gaana Launch Buds R1 Gaana Edition with Bundled SubscriptionBusinessFortNight•Oct 29, 2026•Gaana, Noise
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Eureka Forbes Expands Its Air Purifier Portfolio with Six New Aeroguard ModelsMobility India•Oct 26, 2026•Eureka Forbes
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ANSCER Robotics Secures FCC Conditional Approval for Autonomous Mobile RobotsRoboticstomorrow•Sep 19, 2026•ANSCER
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Manipal Hospitals, Sarla Aviation, Aeromed partner for air ambulance servicesThe Tribune•Aug 31, 2026•Manipal Hospitals, Sarla Aviation
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Eureka Forbes launches four-hour delivery, installation and exchange serviceIndiantelevision.com•Aug 11, 2026•Eureka Forbes
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