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Indian startups raise over $102 million across 25 deals this week

Posted on May 4, 2025

Indian startups raise over $102 million across 25 deals this week
Indianstartups raised approximately $102.93 million across 25 funding deals this week, with significant participation from both early-stage and growth-stage companies.

Startups based in Bengaluru and Delhi-NCR led the funding activity with seven deals each, followed by Mumbai and Chennai.

Investments were spread across a range of sectors including cleantech, cybersecurity, edtech, and healthtech, reflecting sustained investor interest in India’s innovation-driven startup ecosystem.

Healthtech emerged as the leading sector, recording four deals, followed closely by e-commerce and foodtech startups, which secured three deals each. Other sectors such as media and entertainment, proptech, edtech, and Software as a Service (SaaS) also saw notable activity.

Among growth-stage startups, Metafin, a cleantech-focused non-banking financial company (NBFC), led the way by raising $10 million in its Series A round. QNu Labs, a cybersecurity firm, raised $7 million, while neobanking startup Kaleidofin secured $5 million. CollegeDekho, an edtech platform, and Sadhav Offshore, a marine services company, also received substantial funding.

In early-stage funding, Kult, a beauty tech and discovery platform, stood out by raising $20 million—the largest early-stage funding of the week. SaaS startup Fuze followed with a $12.2 million round. Other early-stage startups that attracted investment included healthtech platform HexaHealth and foodtech venture Anveshan.

Additional funding recipients included Stimuler, an AI-powered English learning platform, and Mugafi, a content creation startup. Healthtech startup ekincare and offline social networking platform Jamm also raised undisclosed amounts.

These developments reflect robust investor confidence across sectors in India’s evolving startup landscape.

In comparison, the previous week saw 22 startups raise approximately $112.35 million, including six growth-stage and 12 early-stage deals, while six companies chose not to disclose funding details.

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