India’s fintech sector raised $513 million in the January-March quarter, up 2% from $503 million a year earlier but down 9% from the previous quarter, as per Tracxn. The number of funding rounds dropped 54% from 99 to 45 in Q12026. Four of the five biggest deals, including Weaver, Ecofy, Easy Home Finance, and IDfy, were from Mumbai-based firms.