Indian startups ecosystem remained robust during the week of July 14th to 19th, 2025, with a total of $97.45 million raised across 26 deals. Despite a slight increase from the previous week’s $95 million, the funding volume reflects steady investor interest in early-stage innovation and strategic growth-stage bets.
🚀 Funding Snapshot
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Total Funding: $97.45 Mn
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Total Deals: 26
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Growth/Late Stage: 4 deals ($38.3 Mn)
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Early Stage: 16 deals ($59.15 Mn)
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Undisclosed Deals: 6
📈 Growth-Stage Highlights
Funding in growth and late-stage startups reached $38.3 million this week. Key investments include:
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Truemeds: Raised $20 Mn in an ongoing Series C from Peak XV Partners.
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Phi Commerce: Topped up its Series B with $6 Mn from BEENEXT.
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Zetwerk: Secured Rs 75 Cr (~$8.8 Mn) via debt from JM Financial.
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Lo! Foods: Raised $3.5 Mn in Series B, led by Rainmatter.
🌱 Early-Stage Funding: Innovation Front and Center
A total of $59.15 million was raised by 16 early-stage startups, with AI, spacetech, and deeptech companies taking the lead:
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QpiAI: Deeptech startup secured $32 Mn in Series A, co-led by Avataar Ventures and the National Quantum Mission.
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Other notable startups: Vaaree (home decor), Trupeer (AI video), KNOT (quick fashion), OmSpace (spacetech), Gibran (AI research).
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AI-focused startups like Onetab.ai, Fire AI, Aquila Clouds, and CosMoss also raised capital (undisclosed).
🌍 Indian startups City-Wise Funding Distribution
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Bengaluru: 11 deals
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Mumbai: 6 deals
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Delhi-NCR, Chennai, Pune and others also featured in the funding map.
🧠 Key Industry Segments
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AI Startups: 6 deals
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E-commerce: 4 deals
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Healthtech: 3 deals
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Others: Deeptech, Fintech, Consumer Tech
💸 Series-Wise Breakdown
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Seed: 8 deals
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Pre-Series A: 6 deals
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Pre-Seed: 4 deals
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Series A: 2 deals
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Series B: 2 deals
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Others: 4 deals
🤝 Mergers & Acquisitions
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Udaan acquired ShopKirana in an all-stock deal.
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Corona Remedies to acquire 7 brands from Bayer Pharmaceuticals.
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Conversive acquired AI startup VoxGenie.
👨💼 Key Hirings
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Rebel Foods: Ankush Grover promoted as CEO.
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PhonePe: Shivnath Thukral appointed VP of Public Policy.
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PhysicsWallah: Satish Sharma joins as CMO.
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Paytm Money: Sandiip Bharadwaj to become CEO.
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Pocket FM: Akansha Kumari promoted to Head of Product.
💼 Fund Launches
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Kettleborough VC launched Fund II (target: Rs 80 Cr, first close: Rs 35 Cr).
⚠️ Shutdown
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Blip, a fast fashion delivery startup, has shut down within a year of launch.
🧾 Financial Updates
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Ixigo: Rs 314 Cr revenue in Q1 FY26; profit up 27%.
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Ola Electric: Revenue down 50%, losses up 23%.
📊 IPO & Market Moves
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IndiQube: Filed for Rs 700 Cr IPO, opens on July 23.
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Smartworks: Debuted on NSE at 7% premium; Market cap crosses $600 Mn.
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Nazara: Cedes control in Nodwin as it raises fresh capital.
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Fractal Analytics: Raised $172 Mn via secondary sale.
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BYJU’s founders to file $2.5 Bn lawsuit over alleged damages.
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