Country comparison
China vs India: startup funding compared
Since 2 June 2025, startups in China raised $28.3B across 64 rounds, 2.7 times India's $10.3B.
Capital raised running total by month
Where the money goes share of capital by sector
China
India
Biggest rounds
Stage mix share of rounds
Most active investors rounds joined
| Investor | China | India |
|---|---|---|
| Accel | · | 38 |
| Inflection Point Ventures | · | 33 |
| Peak XV Partners | · | 31 |
| Blume Ventures | · | 29 |
| 3one4 Capital | · | 24 |
| Fireside Ventures | · | 22 |
| Info Edge Ventures | · | 22 |
| Rainmatter | · | 19 |
| Ashish Kacholia | · | 18 |
| Elevation Capital | · | 18 |
| DeVC | · | 17 |
| Unicorn India Ventures | · | 17 |
Startup hubs rounds and capital by city
China
India
Latest rounds
Questions
Which country raised more startup funding, China or India?
China. Since 2 June 2025, startups in China raised $28.3B across 64 rounds, against $10.3B across 854 rounds in India, 2.7 times more. That is 4.0% and 1.5% of all the capital FundraiseBase tracked worldwide over the period.
How many startup funding rounds were announced in China and India?
64 rounds in China and 854 rounds in India since 2 June 2025, about 4 and 47 a month.
Are startup rounds bigger in China or India?
The median round is $112M in China and $3.5M in India, and the average round $441M and $12.1M. The median shows the typical round; the average is pulled up by a few very large ones.
What is the biggest startup round in China?
The biggest startup rounds in China since 2 June 2025 are DeepSeek ($15B, 22 Oct 2026), Moonshot AI ($3.5B, Series F, 30 Jul 2026) and StepFun ($717M, 26 Jan 2026).
What is the biggest startup round in India?
The biggest startup rounds in India since 2 June 2025 are CRED ($900M, Series H, 23 Jun 2026), Sarvam AI ($300M, Series B, 15 Jun 2026) and KreditBee ($280M, Series E, 8 Apr 2026).
Which sectors attract the most startup funding in China and India?
In China, AI ($23.8B, 84% of the capital), Robotics & Hardware ($2.1B, 8%) and Health ($765M, 3%) lead. In India, Fintech ($2.7B, 26% of the capital), AI ($1.9B, 18%) and Consumer ($1.2B, 11%) lead.
Is China or India better for early-stage startups?
Early-stage rounds (Pre-Seed, Seed and Series A) make up 27% of rounds in China and 55% in India. China recorded 6 Pre-Seed or Seed rounds and India 314 Pre-Seed or Seed rounds, with a median of $41.9M and $1.3M.
How much growth funding (Series B and later) goes to China and India?
Startups in China raised $6.1B in 19 Series B or later rounds, 22% of the country's capital. In India, $5.4B in 119 rounds, 53% of the capital.
Who are the most active startup investors in China?
Qiming Venture Partners (7 rounds, 2 led), IDG Capital (6 rounds, 5 led) and 5Y Capital (5 rounds) are the most active investors in China.
Who are the most active startup investors in India?
Accel (38 rounds, 22 led), Inflection Point Ventures (33 rounds, 26 led) and Peak XV Partners (31 rounds, 15 led) are the most active investors in India.
Which investors back startups in both China and India?
6 investors joined rounds in both countries. The most active: OrbiMed (3 in China, 1 in India), Temasek (2 in China, 1 in India), Vertex Growth (1 in China, 2 in India), Rocket Capital (1 in China, 1 in India) and Vertex Ventures (1 in China, 1 in India).
Which cities lead startup funding in China and India?
Beijing leads China with $6.8B across 19 rounds, ahead of Shanghai ($1.2B). Bengaluru leads India with $5.6B across 286 rounds, ahead of Mumbai ($1B).
Which month brought the most startup funding?
In China, October 2026 ($15.5B). In India, June 2026 ($1.5B).
How much did startups in China and India raise in the last 90 days?
In the 90 days to 11 Nov 2026, startups in China raised $17.2B across 13 rounds and in India $1.8B across 95 rounds.
Where does this data come from?
FundraiseBase lists startup funding rounds from public announcements: press releases, company posts and news coverage, checked and updated every day. Amounts are in US dollars. Some rounds are never announced, so the figures show what was made public, not every round. Corrections are welcome.