India’s fintech sector raised $889 million in H1 2025, a 26% drop from H2 2024, with deals falling to 86 from 123. LendingTech and Payments led, with Zolve and KreditBee raising big rounds, while WealthTech, InsurTech fell. Despite global headwinds, India remains the 3rd-largest fintech market. Experts see this slowdown as a healthy correction, with IPOs and growth expected late 2025.