Indian startups continued their upward funding trajectory last week, raising a cumulative $102.93 million across 25 disclosed deals, signalling robust investor confidence in early and growth-stage ventures.
Indian Startups: Healthtech Leads the Pack
Healthtech was the top performer with four funded startups, followed closely by e-commerce and foodtech with three deals apiece. Cleantech, cybersecurity, edtech, SaaS, and proptech startups were the major contributors to the total funding, demonstrating increasing interest in technology-based sectors.
Cleantech NBFC Metafin led the charge with a $10 million Series A round among growth-stage investments. It was followed by QNu Labs, a cybersecurity startup that raised $7 million, and Kaleidofin, a neobank that secured $5 million.
The early-stage landscape was dominated by Kult, a beauty tech and product discovery platform, which bagged $20 million, the largest early-stage round of the week. SaaS startup Fuze also attracted strong investor interest, closing a $12.2 million round. Other notable fundraisers included healthtech firm HexaHealth, food-focused startup Anveshan, and AI-powered language platform Stimuler.
Cities driving this funding momentum were Bengaluru and Delhi-NCR, each contributing seven deals, followed by Mumbai and Chennai.
Additional fundraisers included edtech player CollegeDekho, marine services company Sadhav Offshore, content creation platform Mugafi, and corporate health benefits provider eKincare. Social networking startup Jamm also secured undisclosed funding.
This week’s activity marked a slight dip from the previous week, when 22 startups raised approximately $112.35 million across 24 deals, including six growth-stage and 12 early-stage rounds.
The depth and breadth of the deals this week reaffirm India’s startup ecosystem resilience in the face of more macroeconomic uncertainties, with investors’ attention shifting quite clearly in favor of scalable technology and sectoral innovation.
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