Can India be a South Asian tech titan in the making?

India has been embracing technology at a high rate. The world has expectations from the South Asian economy as technology know how advances. Recently, South African company Prosus’ CEO Fabricio Bloisi said that he believes India will produce a US$100B tech company soon.

India’s tech ascent shows no signs of slowing down but there is need for focus on innovation. Sectors like AI, robotics, hardware can do with more attention.

According to a new report from Colliers, Global Tech Markets: Top Talent Locations 2025, six Indian markets feature in the top 10 list for tech talent acquisition across the APAC region.        The tech sector continues to dominate office leasing across top markets in India with     Bengaluru and Hyderabad continuing to drive ~50% of tech leasing in India.

“India remains a preferred destination for global companies, particularly in the Technology sector, with GCCs steadily evolving from traditional back-office functions to strategic innovation hubs. In H1 2025, tech occupiers accounted for 41% of total GCC leasing at 5.2 million sq ft. Interestingly, Bengaluru, Delhi-NCR, and Hyderabad collectively contributed over 85% of this demand. As global firms continue to scale-up and evolve, tech GCCs are poised to drive office space demand in India, led by cost arbitrage as compared to global counterparts,” said Vimal Nadar, National Director and Head of Research, Colliers India.

As a global leader in venture capital deal growth, Asia Pacific accounts for all the world’s top 10 markets, with China driving the surge in funding. As per the report, India dominates talent acquisition, comprising six of the region’s top 10 cities for tech hiring. Singapore is the only non-Indian market in the top five. Other notable markets are Taipei, Sydney and Melbourne for talent density.

Indian fintech has been soaring ahead. As per Tracxn’s Geo Semi Annual India FinTech H1 Report 2025, India ranks third globally in fintech startup funding, raising US$889M in H1 2025. In fact, the sector witnessed 16 acquisitions in H1 2025, a 45% increase from H1 2024 and India’s early-stage funding stood at US$361M, a 10% rise from H2 2024 and 9% from H1 2024. Bengaluru led with 55% of total FinTech funding, followed by Mumbai at 14%. Top investors were Peak XV, Angel List and LetsVenture.

Neha Singh, Co-Founder, Tracxn, said, “While the Indian FinTech sector has seen a temporary dip in funding, the steady momentum in early-stage investments and growing acquisition activity indicate that investor interest remains strong, particularly in scalable, innovation-led models. Bengaluru’s dominance and the continued emergence of breakout companies reinforce India’s position as a global FinTech powerhouse.”

India’s tech ascent shows no signs of slowing down but there is need for focus on innovation. Sectors like AI, robotics, hardware can do with more attention. With global confidence, strong talent hubs, and thriving sectors like FinTech, the country can deliver on its digital promise.