Weekly Overview
Indian startups raised a total of $348 million across 28 deals between Sep 01 – Sep 05, 2025. This includes 6 growth-stage and 18 early-stage funding rounds, while one startup kept its funding undisclosed.
In comparison, the previous week saw $127.59 million raised across 24 deals. This reflects a 2.7X jump in total funding on a week-on-week basis.
Growth-Stage Deals
Growth and late-stage investments dominated this week with a total of $285 million, led by:
- Tessolve – $150 Mn (TPG)
- Citymall – $47 Mn (Series D, Accel)
- Seekho – $28 Mn
- Blue Tokai – $25 Mn
- Colive – $20 Mn (Bain Capital, Sattva Group)
- Offgrid Energy Labs – $15 Mn
Early-Stage Deals
21 early-stage startups raised a cumulative $63 million. Key rounds include:
- Firstclub – $23 Mn (Series A, Accel)
- PlatinumRx – undisclosed amount
- StockGro – undisclosed amount
- Ecosoul – undisclosed amount
- Roadzen – undisclosed amount
- Others include Homelane (VentureSoul Partners) and multiple seed/pre-series A startups.
City-wise Funding Activity
- Bengaluru: 14 deals
- Delhi-NCR: 5 deals
- Pune: 3 deals
- Chennai: 3 deals
- Lucknow: 2 deals
Sector-wise Funding Split
- Healthtech: 6 deals
- E-commerce: 5 deals
- Fintech: 3 deals
- Energy: 2 deals
- AI: 2 deals
- Others: 3 deals
Stage-wise Funding Split
- Seed: 8 deals
- Series A: 5 deals
- Debt: 4 deals
- Pre-Series A: 3 deals
- Series D: 2 deals
- Others: 2 deals
Key Hirings & Departures
- Pazcare elevated Aditya Malik as CRO, Arpit Rungta as SVP (Customer Success), and Abhishek Goyal as Director (Growth).
- Samantha Ruth Prabhu joined menstrual wellness brand Zoy as co-founder.
- Exits: Peak XV MD Harshjit Sethi stepped down; Freshworks co-founder Girish Mathrubootham exited as executive chairman to focus on Together Fund.
Mergers & Acquisitions
- Star Localmart (SGG) acquired DusMinute.
- Flipkart acquired a majority stake in Pinkvilla India.
- Amazon completed its acquisition of Axio (formerly Capital Float).
New Funds Launched
- L Catterton India consumer fund closed at ₹1,760 Cr.
- Venturi Partners closed ₹1,320 Cr for its second fund.
- BizDateUp launched Pulse Fund I with ₹1,000 Cr.
- Elev8 Venture Partners closed its maiden ₹1,400 Cr fund.
Layoffs
- MPL laid off ~500–600 employees (~60% workforce).
- Head Digital Works (A23) let go of ~500 staff.
- Ola’s AI unit Krutrim cut ~50 employees in its third round of layoffs since June.
New Launches & Partnerships
- Darpan Sanghvi launched CoFounder Circle post Good Glamm breakup.
- Reliance announced an AI unit in partnership with Google and Meta.
- BeyondXcelerate launched a D2C accelerator with a ₹5 Cr pool.
- Cashify tied up with Google to sell refurbished Pixel phones.
- Euler Motors signed MoU with Pickkup.io for 200 EVs.
- Swiggy introduced Giftables, a curated instant gifting platform.
- FuelBuddy expanded into Zimbabwe & Zambia.
Financial Results This Week
- OYO posted ₹200 Cr profit in Q1 FY26; rebranded parent as PRISM Life.
- Emoha (eldercare) reported ₹74.35 Cr revenue in FY25; losses cut by 32%.
- boAt returned to profitability with ₹60 Cr profit in FY25.
- Bluestone reduced losses by 41%; revenue nearing ₹500 Cr.
News Highlights
- Centre moved SC to consolidate challenges against Online Gaming Ban.
- Urban Company IPO set to deliver bumper returns for Accel & Elevation.
- Urban Company & boAt both received SEBI IPO approval.
- TVS Motor retained top spot in August EV 2W sales (23.09% share), followed by Ola (18.19%) & Ather (17.2%).
- Startup funding in August hit $960 Mn, driven by fintech & e-commerce.
Summary
- Total Funding (Sep 01–05): $348 Mn (28 deals)
- Previous week: $127.59 Mn (24 deals) → 2.7X growth
- Growth-stage deals dominated with $285 Mn
- Bengaluru led with 14 deals, followed by Delhi-NCR (5 deals)
- Healthtech topped the sector count with 6 deals
Disclaimer:
StartupByDoc maintains editorial independence. While some investors in Venturi Partners may also hold stakes in companies we cover, it does not influence our reporting or analysis in any manner.
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