Country comparison

India vs Switzerland: startup funding compared

Since 2 June 2025, startups in India raised $10.3B across 854 rounds, 3.1 times Switzerland's $3.3B.

$10.3BCapital raised$3.3B
854Rounds128
$3.5MMedian round$7.5M
1.5%Share of all capital0.5%
55%Early-stage rounds61%

Capital raised running total by month

$10.3B$5.2B India, end of Jun 25: $851MIndia, end of Jul: $1.1BIndia, end of Aug: $1.6BIndia, end of Sept: $2.2BIndia, end of Oct: $2.9BIndia, end of Nov: $3.4BIndia, end of Dec: $3.8BIndia, end of Jan 26: $4.5BIndia, end of Feb: $4.9BIndia, end of Mar: $5.4BIndia, end of Apr: $6BIndia, end of May: $6.6BIndia, end of Jun: $8.2BIndia, end of Jul: $8.2BIndia, end of Aug: $9BIndia, end of Sept: $9.7BIndia, end of Oct: $10.1BIndia, end of Nov: $10.3BSwitzerland, end of Jun 25: $131MSwitzerland, end of Jul: $590MSwitzerland, end of Aug: $649MSwitzerland, end of Sept: $827MSwitzerland, end of Oct: $966MSwitzerland, end of Nov: $1.4BSwitzerland, end of Dec: $1.5BSwitzerland, end of Jan 26: $1.9BSwitzerland, end of Feb: $2BSwitzerland, end of Mar: $2.3BSwitzerland, end of Apr: $2.4BSwitzerland, end of May: $2.6BSwitzerland, end of Jun: $2.6BSwitzerland, end of Jul: $2.6BSwitzerland, end of Aug: $3BSwitzerland, end of Sept: $3.1BSwitzerland, end of Oct: $3.3BSwitzerland, end of Nov: $3.3B Jun 25SeptDecMarJunSept
IndiaSwitzerland
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Where the money goes share of capital by sector

India

  • Fintech26%$2.7B
  • AI18%$1.9B
  • Consumer11%$1.2B
  • Enterprise software10%$1B
  • Other10%$1B
  • Climate & Energy9%$925M

Switzerland

  • AI33%$1.1B
  • Health33%$1.1B
  • Climate & Energy11%$358M
  • Robotics & Hardware9%$288M
  • Other5%$162M
  • Fintech3%$105M

Biggest rounds

Stage mix share of rounds

IndiaSwitzerland
37%Pre-Seed and Seed41%
18%Series A20%
9%Series B7%
5%Series C and later6%
31%Other or undisclosed26%

Most active investors rounds joined

InvestorIndiaSwitzerland
Accel38·
Inflection Point Ventures33·
Peak XV Partners31·
Blume Ventures29·
3one4 Capital24·
Fireside Ventures22·
Info Edge Ventures22·
Rainmatter19·
Ashish Kacholia18·
Elevation Capital18·
DeVC17·
Unicorn India Ventures17·

Startup hubs rounds and capital by city

India

  • Bengaluru286$5.6B
  • Mumbai82$1B
  • Gurugram66$419M
  • Hyderabad34$273M
  • Pune26$261M
  • Noida13$215M

Switzerland

  • Zurich56$885M
  • Basel11$689M
  • Lausanne12$437M
  • Saint-Sulpice1$225M
  • Zug6$174M
  • Yverdon-les-Bains1$105M

Latest rounds

Questions

Which country raised more startup funding, India or Switzerland?

India. Since 2 June 2025, startups in India raised $10.3B across 854 rounds, against $3.3B across 128 rounds in Switzerland, 3.1 times more. That is 1.5% and 0.5% of all the capital FundraiseBase tracked worldwide over the period.

How many startup funding rounds were announced in India and Switzerland?

854 rounds in India and 128 rounds in Switzerland since 2 June 2025, about 47 and 7 a month.

Are startup rounds bigger in India or Switzerland?

The median round is $3.5M in India and $7.5M in Switzerland, and the average round $12.1M and $25.7M. The median shows the typical round; the average is pulled up by a few very large ones.

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).

What is the biggest startup round in Switzerland?

The biggest startup rounds in Switzerland since 2 June 2025 are Oviva ($234M, Series D, 22 Jan 2026), Kandou AI ($225M, Series A, 23 Mar 2026) and Gravis Robotics ($200M, Series A, 17 Aug 2026).

Which sectors attract the most startup funding in India and Switzerland?

In India, Fintech ($2.7B, 26% of the capital), AI ($1.9B, 18%) and Consumer ($1.2B, 11%) lead. In Switzerland, AI ($1.1B, 33% of the capital), Health ($1.1B, 33%) and Climate & Energy ($358M, 11%) lead.

Is India or Switzerland better for early-stage startups?

Early-stage rounds (Pre-Seed, Seed and Series A) make up 55% of rounds in India and 61% in Switzerland. India recorded 314 Pre-Seed or Seed rounds and Switzerland 53 Pre-Seed or Seed rounds, with a median of $1.3M and $4.3M.

How much growth funding (Series B and later) goes to India and Switzerland?

Startups in India raised $5.4B in 119 Series B or later rounds, 53% of the country's capital. In Switzerland, $1.3B in 17 rounds, 40% of the capital.

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.

Who are the most active startup investors in Switzerland?

Founderful (14 rounds, 11 led), Venture Kick (10 rounds, 1 led) and Zürcher Kantonalbank (9 rounds) are the most active investors in Switzerland.

Which investors back startups in both India and Switzerland?

10 investors joined rounds in both countries. The most active: RTP Global (11 in India, 3 in Switzerland), Antler (11 in India, 1 in Switzerland), Norwest Venture Partners (6 in India, 1 in Switzerland), Y Combinator (5 in India, 2 in Switzerland) and Prosus Ventures (4 in India, 1 in Switzerland).

Which cities lead startup funding in India and Switzerland?

Bengaluru leads India with $5.6B across 286 rounds, ahead of Mumbai ($1B). Zurich leads Switzerland with $885M across 56 rounds, ahead of Basel ($689M).

Which month brought the most startup funding?

In India, June 2026 ($1.5B). In Switzerland, July 2025 ($459M).

How much did startups in India and Switzerland raise in the last 90 days?

In the 90 days to 11 Nov 2026, startups in India raised $1.8B across 95 rounds and in Switzerland $523M across 19 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.

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