India’s thriving startup ecosystem witnessed a strong funding surge between June 9 and 14, 2025, with 20 startups raising a cumulative $185 million. The momentum was driven by innovations in fintech, electric vehicles, defense technology, and media, showcasing investor confidence and the country’s growing entrepreneurial ecosystem.
Key Funding Highlights
- CRED: Raised $72 million in Series D funding from Lathe Investment, RTP Global, QED Innovation Labs, and others. The fintech giant aims to expand its wealth management offerings.
- Groww: Secured $200 million in Series F, led by GIC and ICONIQ Capital, ahead of a potential IPO in 2026. The platform’s valuation now stands at around $7 billion.
- FlexiLoans: Closed a $44 million Series C to broaden its reach in underserved Indian markets.
- Vecmocon: An EV deep-tech startup, raised $18 million in Series A, focusing on battery intelligence and performance diagnostics.
Noteworthy Early-Stage Deals
- Sanlayan Technologies (Defense Tech): Raised $22 million to scale battlefield surveillance solutions.
- PowerUp Money (Wealthtech): Bagged $7.1 million in seed funding, backed by Accel and Blume Ventures.
- Garuda Aerospace: Acquired $1 million in fresh funding from the Narotam Sekhsaria Family Office to expand drone operations.
Regional & Sectoral Trends
- Bengaluru led the charts with 9 deals, followed by Delhi-NCR, Mumbai, Kolkata, and Chennai.
- Fintech was the dominant sector with 6 deals, while emerging sectors like defense tech, EVs, and media also saw active investment.
India’s Startup Outlook: Rising Confidence & Diversification
This week’s activity reflects a maturing ecosystem. The growing investments in EV tech, Tier-2 and Tier-3 markets, and aerospace innovation indicate a broader shift from consumer-facing apps to infrastructure-driven, deep-tech solutions.
Source:
The Indian Alert – Indian Startup Funding & Acquisitions (June 9–14, 2025)
