ReferIndia News Karnataka's Tech Industry Surges Ahead Amidst Challenges

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Karnataka's Tech Industry Surges Ahead Amidst Challenges

Published on: May 7, 2026, 6:01 p.m. | Source: Devdiscourse

Karnataka's tech sector raised USD 868 million in Q1 2026, marking a 7% year-on-year growth despite a 16% quarterly decline. Bengaluru dominated with 98% of funds. Investment strategies favor fewer, larger deals. Early-stage funding increased, while late-stage funding declined. Established companies led the major investment rounds.

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