Home Startups Safe Extra Than $150 Million This Week | Economic system Information
New Delhi: The home startup ecosystem secured greater than $150 million this week, showcasing strong progress within the present monetary yr (FY25). Through the last week in March, 23 Indian startups raised a complete of $150 million, together with 5 growth-stage and 17 early-stage offers. The variety of funding offers that materialised throughout the week stood at 16.
India’s largest mannequin portfolios platform smallcase raised $50 million in its Sequence D funding spherical with a mixture of main and secondary led by Elev8 Enterprise Companions, with participation from new and present traders.
About 17 early-stage startups raised a complete of $54.09 million in funding and fintech startup Abound led with a $14 million spherical. Section-wise, Fintech startups have been on the prime spot with 6 offers. Delhi-NCR based mostly startups led with eight offers adopted by Bengaluru, Mumbai, Hyderabad and Chennai.
Within the first quarter of 2025, home tech startups raised $2.5 billion, marking a 13.64 per cent improve from the earlier quarter and an 8.7 per cent rise from the identical interval final yr — making India the third most-funded nation globally.
Late-stage rounds witnessed a complete funding of $1.8 billion in Q1 2025, a rise of 38.46 per cent in comparison with $1.3 billion raised in This autumn 2024, and a rise of 114.54 per cent in comparison with $839 million raised in Q1 2024.
In accordance with Tracxn, a number one market intelligence platform, Delhi-based tech startups accounted for 40 per cent of all funding seen by tech corporations throughout India. This was adopted by Bengaluru, accounting for 21.64 per cent.
The federal government stated this week that 217 incubators have been chosen with a complete authorized funding of Rs 916.91 crore underneath the Startup India initiative (until January 31). India is presently house to just about 1.59 lakh startups., in response to the latest Division for Promotion of Trade and Inside Commerce (DPIIT) knowledge.
