Indian Startups Raise $245M in a Week, Led by Late-Stage Deals
Indian startups have witnessed a surge in funding, with a total of $245 million raised across 19 deals during the week of September 13-19. This marks a significant increase from the previous week's $146 million. Several consumer electronics, spacetech, and fintech companies secured substantial investments.
Indkal Technologies, a consumer electronics company, raised $20 million in a Series B bridge round from existing investors. Meanwhile, SpaceFields, a spacetech company, pulled in ₹42 crore (around $4.7 million) from Globaz Technologies, Rockstud Capital, and others. EcoSoul Home, a D2C brand, also closed a $20 million round with backing from Accel, Bajaj Financial Securities, and others.
Infra.Market, a construction materials unicorn, raised ₹732 crore (about $83 million) led by Tiger Global, Accel, and others. Lucira Jewelry, a consumer-focused brand, raised $5.5 million from Blume Ventures and others. Blue Energy Motors, an EV startup, received $30 million from Nikhil Kamath and Omnitex Industries. The funding activity was largely driven by late- and growth-stage rounds, with individual deals crossing the $80 million mark.
In the fintech sector, Pelocal secured $5 million from UNLEASH Capital Partners, Unicorn India Ventures, and angel investors. FinBox, another fintech player, secured a substantial $40 million from WestBridge Capital, A91 Partners, and Aditya Birla Ventures.
The Indian startup ecosystem continues to thrive, with a diverse range of companies attracting significant investments. The late- and growth-stage funding rounds indicate the maturity and potential of the market. As the week of September 13-19, 2025, showed, Indian startups remain an attractive proposition for investors.
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