Indian Startups Raise Over $150 Million in a Week, Q1 2025 Sees Strong Growth
The Indian startup ecosystem secured over 150 million last week, reflecting strong momentum in the ongoing financial year (FY25).
In the final week of March, 23 startups collectively raised 150 million through 16 funding deals, including five growth-stage and 17 early-stage investments. Leading the way, smallcase, India’s largest model portfolios platform, secured $50 million in its Series D round, backed by Elev8 Venture Partners and other investors.
Early-stage startups attracted 54.09 million in funding, with fintech startup Abound securing the largest share at 14 million. The fintech sector led the funding activity with six deals. Regionally, Delhi-NCR topped the charts with eight deals, followed by Bengaluru, Mumbai, Hyderabad, and Chennai.
During Q1 2025, Indian tech startups raised a total of 2.5 billion, marking a 13.64% increase from the previous quarter and an 8.7% rise from Q1 2024 , making India the third-largest recipient of startup funding globally. Late-stage startups raised $1.8 billion in Q1 2025, up 38.46% from Q4 2024 and 114.54% from Q1 2024.
According to market intelligence platform Tracxn, Delhi-based tech startups accounted for 40% of total funding, followed by Bengaluru at 21.64%.
Meanwhile, the government announced the selection of 217 incubators under the Startup India initiative, with approved funding of approximately 110 million as of January 31. As per DPIIT data, India is currently home to approximately 1.59 lakh startups.
In the final week of March, 23 startups collectively raised 150 million through 16 funding deals, including five growth-stage and 17 early-stage investments. Leading the way, smallcase, India’s largest model portfolios platform, secured $50 million in its Series D round, backed by Elev8 Venture Partners and other investors.
Early-stage startups attracted 54.09 million in funding, with fintech startup Abound securing the largest share at 14 million. The fintech sector led the funding activity with six deals. Regionally, Delhi-NCR topped the charts with eight deals, followed by Bengaluru, Mumbai, Hyderabad, and Chennai.
During Q1 2025, Indian tech startups raised a total of 2.5 billion, marking a 13.64% increase from the previous quarter and an 8.7% rise from Q1 2024 , making India the third-largest recipient of startup funding globally. Late-stage startups raised $1.8 billion in Q1 2025, up 38.46% from Q4 2024 and 114.54% from Q1 2024.
According to market intelligence platform Tracxn, Delhi-based tech startups accounted for 40% of total funding, followed by Bengaluru at 21.64%.
Meanwhile, the government announced the selection of 217 incubators under the Startup India initiative, with approved funding of approximately 110 million as of January 31. As per DPIIT data, India is currently home to approximately 1.59 lakh startups.
