India's Auto Tech Funding Slows to $1.3 Billion in 2026, With No New Unicorns and Bengaluru Taking 70% of the Money
Indian auto tech startups raised $1.3 billion across 97 rounds between January and mid-October 2026, according to Tracxn, well short of the $2.1 billion raised in all of 2025. Rapido, Simple Energy and Rideriver led the largest deals, Bengaluru took about 70% of funding, and no new unicorns emerged.










