ETtech’s 2025 Year in Review Special

Over the past few weeks, the ETtech team has tracked the biggest stories that shaped India’s tech and startup ecosystem in 2025, from late-stage deals and the IPO rush to quick commerce, leadership churn and major shutdowns. Here’s a recap.

Programming note: ETtech Top 5 is on a short break and will return on January 5, 2026. Happy New Year from the ETtech team.

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Startup funding flat in 2025 on early-stage AI reset

Indian startup funding barely moved the needle in 2025, even as dealmaking stayed busy beneath the surface. Total funding stood at…