Official IVSA Benchmark Report

Indian Venture Studio Landscape Report 2026

The first comprehensive census and benchmark analysis of venture builders, startup studios, and institutional co-creators in India.

Published: August 2026Survey Size: 80+ Active StudiosOpen Crawlable Access

Executive Summary & Key Findings

80+

Active Builders

Identified across Bengaluru, Delhi NCR, Mumbai, Goa, Gurgaon, and Hyderabad.

72%

Series A Conversion

Studio-backed startups reach follow-on institutional Series A funding vs 24% baseline.

28%

Average Studio Equity

Mean equity retained at spinout across Indian tech-focused venture builders.

Geographic Distribution of Indian Studios

Bengaluru remains the largest hub for software and AI venture studios (38%), followed by Delhi NCR & Gurgaon (26%) for consumer and deep tech, Mumbai (18%) for fintech and media, and Goa (8%) for climate and impact builders.

Venture Studio Sector Focus in India

AI & Deep Tech32%
B2B Enterprise SaaS & Fintech28%
Consumer, D2C & Media22%
Climate, Healthcare & Impact18%

Source: IVSA Research Benchmark 2026. Chart available for open embedding under Creative Commons BY-4.0.

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