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Venture capital funding for climate-tech startups in India has declined for the third straight year. Total funding fell to $657 million in 2025 year-to-date (YTD) from $1.17 billion in 2024 and $1.5 billion in 2023, according to
Venture Intelligence data. The drop was mostly due to a slump in
EV mobility funding, which has more than halved between 2025 and 2023.
Despite the fall in cheque sizes, investors said interest has shifted to newer sub-categories. The deal volumes have remained in the 70-75 range, with seed-stage activity at 33 rounds.
Venture…
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