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Mega funding rounds in Indian tech startups declined 55% year-over-year in H1 2026, dropping from 11 to just 5 deals. Only CRED, Rapido, Spinny, Sarvam, and KreditBee secured rounds exceeding $100 million. Late-stage funding fell 29% to $2.2 billion, while median ticket size plunged 68% to $10 million.
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