21 Indian Startups Raise $139.5 Mn Last Week

Mumbai: Indian startups raised $139.5 million this week across 21 deals -- reflecting continued investor confidence despite broader market uncertainties. This week’s funding activity featured five growth-stage and 13 early-stage deals, with three startups choosing to keep their funding amounts private.

Delhi-NCR emerged as the leading region with eight deals, followed by Bengaluru with four. Startups from Mumbai, Chennai, Bhubaneswar, and Ahmedabad also featured in this week’s funding round-up.

Fintech dominated the sector-wise distribution with three deals, followed by strong performances from e-commerce and media and entertainment. Other sectors like deep tech, AI, health tech, and cybersecurity also drew interest -- showcasing the wide appeal of India’s tech landscape.

Seed funding dominated this week with eight deals, followed by investments across Series A, B, and D stages, indicating that investors are actively backing both new ideas and scaling businesses. In the growth and late-stage segment, startups brought in $65.75 million. Healthtech startup CureBay led the charge with a Series B round backed by Bertelsmann India Investments. Cybersecurity firm CloudSEK followed with a $19 million Series B round, while electric vehicle maker Euler Motors raised $15 million in another tranche of its $60 million round.

Fintech players Dvara KGFS and Borderless (Stockal) also secured funding. On the early-stage side, startups collectively raised $73.75 million. Among them, Mythik -- launched by entrepreneur Jason Kothari -- stood out with a $15 million seed round.