India’s startup ecosystem secured over $150 million in funding this week, focusing on 23 deals, including major contributions from smallcase and fintech startups. Notably, the first quarter of 2025 witnessed $2.5 billion in funding, positioning India third in the global ranking. Delhi and Bengaluru dominate the funding landscape, bolstered by government initiatives under Startup India.
This past week, India’s vibrant startup ecosystem achieved remarkable milestones by securing over $150 million in funding. Twenty-three startups participated, with 16 funding deals finalized, highlighting the dynamic growth trajectory of the financial year 2025.
Among the major players, smallcase, the leading model portfolios platform, raised an impressive $50 million in Series D funding through a blend of primary and secondary investments led by Elev8 Venture Partners. Key participation came from both new and existing investors, showcasing confidence in the platform’s potential.
In the early-stage arena, 17 startups collectively attracted $54.09 million, led by fintech company Abound’s $14 million funding round. Fintech stood out with the highest number of deals this week, totaling six. Notably, Delhi-NCR startups spearheaded the scene with eight deals, closely followed by Bengaluru, Mumbai, Hyderabad, and Chennai.
The first quarter of 2025 saw Indian tech startups accumulate $2.5 billion, marking a 13.64% increase from the previous quarter and an 8.7% rise year-over-year, positioning India as the third most-funded nation globally. Late-stage funding alone reached $1.8 billion, up 38.46% from the last quarter and 114.54% since Q1 2024.
According to Tracxn, Delhi-based tech firms secured 40% of all tech funding in India, while Bengaluru followed with a 21.64% share. Additionally, the government announced the selection of 217 incubators, with total approved funding of Rs 916.91 crore under the Startup India initiative as of January 31. Presently, India is home to nearly 159,000 startups, as reported by the Department for Promotion of Industry and Internal Trade.
In summary, the startup environment in India is thriving, with significant funding milestones achieved this week. Notably, the fintech sector is flourishing, while regional hubs like Delhi-NCR and Bengaluru are leading the charge. The continued increase in overall funding demonstrates the resilience and attractiveness of the Indian startup landscape, set against a backdrop of governmental support and robust market enthusiasm.
Original Source: yespunjab.com
