Indian Startups Raise $428M in a Week, Fintech Leads; Key M&A Deals Announced
Between March 10 and March 15, 2025, Indian startups across various sectors secured a total of $428 million in funding from investors. The industries that saw significant investments included Batterytech, Edtech, Gaming, Apparel, Aerospace, Manufacturing, Fintech, Energy, and Travel. This marks a notable increase from the previous week, where startups had raised $352 million, with Darwinbox alone securing $140 million.
Fintech emerged as the leading sector in terms of funding, with Zolve raising a substantial $251 million. Other significant deals included Purple Style Labs, which secured $40 million, and three major startups—Scimplify (Specialty Chemicals), Infinite Uptime (Industrial Analytics), and Rangsons Aerospace—collectively raising $109.5 million. Scimplify attracted $40 million, Infinite Uptime raised $35 million, and Rangsons Aerospace secured $34.5 million.
Several emerging startups also made headlines with their funding rounds. Youth travel hostel brand goSTOPS raised $4.2 million in a Series A round, while AI-powered admissions startup Ambitio secured $2 million in a Seed round. Gaming startup Felicity Games attracted $3 million in a Seed round, and sexual health startup Allo Health raised $1.84 million in a pre-Series A round. Additionally, AI-driven cybersecurity startup Neural Defend raised $600,000 in a pre-Seed round. The energy sector also saw notable investments, with Amrut Energy raising $11.5 million and AmpereHour Energy securing $5 million in a Series A round. Meanwhile, Batterytech startup Flowatt Battery Science, Edtech startup Dreamtime Learning, and upskilling platform Weskill kept their funding details undisclosed.
The period also witnessed key mergers and acquisitions. DSP Group acquired Volt Money, while Perfios strengthened its portfolio by acquiring AI-driven debt management platform CreditNirvana. In another significant development, Nazara Technologies sold its 94.85% stake in OpenPlay to Moonshine.
With a surge in investments and strategic acquisitions, the Indian startup ecosystem continues to thrive, showcasing resilience and growth across multiple industries.
