• Euler Motors led the funding rounds by securing $60 million, making the EV sector the highest-funded during this period.
  • PayU acquired significant stakes in Mindgate Solutions, while Unicommerce took full ownership of Shipway Technology Private Limited.

Indian startups continued their funding streak, raising over $172 million across 20 companies from March 17 to March 22, 2025. The investments spanned multiple sectors, including beauty, robotics, e-commerce, beverages, NBFC, OTT, healthcare, gaming, D2C, proptech, fashion, and cybersecurity.

The electric vehicle (EV) sector led the funding rounds, with Euler Motors topping the list by securing $60 million. The financial services space also saw significant traction, with Nivara Home Finance raising $28 million.

Following closely, beauty and personal care startup Pilgrim, rural fintech firm Navadhan, and OTT platform Stage collectively raised $48.55 million. Pilgrim secured $23.25 million, Navadhan brought in $12.8 million, and Stage received $12.5 million.

Rise of Emerging Startups

Several emerging startups attracted investor interest, securing funding at various stages:

  • SHOEGR (Shoe care) raised $100,000 in a pre-seed round.
  • Chai Kings (Tea chain) secured $3 million in a Series A round.
  • Hypergro AI (AI startup) received $810,000 in a pre-Series A round.
  • Protectt.ai (Mobile app cybersecurity and fraud control) raised $8.83 million in a Series A round.
  • Silkk Club (60-minute fashion delivery) secured $3.2 million in a seed round.
  • Yummy Bee (Café chain) attracted $2.09 million in investment.
  • iHub Robotics (Humanoid robotics) raised $520,000 in a pre-seed round.

Additionally, Everhope Oncology raised $10 million in a seed round, Go Zero ice cream secured $3.48 million in a Series A round, Qila Games brought in $1 million in a pre-seed round, and Lighthouse PropTech raised $2.5 million.

Meanwhile, Broadway, DIZBI, My Pahadi Dukan, and GoOAT secured undisclosed funding amounts.

Mergers and Acquisitions

The period also witnessed key mergers and acquisitions. PayU acquired significant stakes in Mindgate Solutions, while Unicommerce completed its acquisition of the remaining 57.24% stake in Shipway Technology Private Limited.

With diverse investments across sectors and increased M&A activity, India’s startup ecosystem continues to gain momentum, driving innovation and expansion across industries.

Edited by Harshajit Sarmah