Funding News
No Unicorns, No IPOs—But Strategic Acquisitions Hint at FinTech Maturity in Q1 2025
A tough macroeconomic environment, global trade tensions, rising inflation, U.S. tariffs, and bearish stock markets have made investors more cautious. Also, as the FinTech scene in India matures and grows more crowded, competition is getting fierce, leading to lower returns and a more hesitant investment climate
Easebuzz Raises USD 30 Million in Series A Round Led by Bessemer Venture Partners
Easebuzz has seen strong financial performance, with Gross Transaction Value (GTV) crossing USD 30 billion in FY25. Revenue for the fiscal year grew to INR 650 crore, more than doubling from INR 294 crore in FY24
Samunnati Raises INR 2,300 Crore to Expands Lender Base
The company has lined up a funding pipeline of over INR 600 crore for the first quarter of FY26, underlining its continued growth trajectory and focus on financial innovation in the agri-sector
NABARD and HSBC Invest in OPL to Strengthen Digital Financial Ecosystems
For NABARD, the investment aligns with its goal of digitising the rural economy through integration with Regional Rural Banks (RRBs) and initiatives such as Agri Stack
Vimano Secures INR 25 Crore in Seed Round Led by Ankur Capital
The fresh capital will help Vimano move forward with pilot projects in collaboration with partners across the energy sector. It will also support hiring efforts and the establishment of scalable manufacturing capabilities for its proprietary membranes
Jai Kisan Raises INR 26.5 Crore in Extended Series B Round to Bolster Rural Fintech Operations
Despite its growing footprint in rural fintech, Jai Kisan reported a loss of Rs 51 crore in the fiscal year ending March 2024, on an operating revenue of Rs 39 crore. The fresh capital is expected to help the company strengthen its product offerings and expand its reach across India's rural landscape
Sweet Karam Coffee Raises Series A to Expand Global Footprint of South Indian Flavors
The funding will support SKC's growth across omnichannel distribution, product innovation, and a tech-enabled supply chain
Q1 2025 Snapshot: India Logs 270 Startup Deals, USD 7.9 Billion Invested, 18 Mega Rounds
This marks an 8% increase over the amount invested during the same period in 2024, and a slight 1% decline compared to the immediate previous quarter
Zoho Introduces Projects Plus, an AI-Powered Project Management Platform for Enterprises
The platform supports asynchronous collaboration, file management, business intelligence, and hybrid project management methodologies, catering to the evolving demands of enterprises
Bessemer Venture Partners Launches USD 350 Million India Fund to Support Early-Stage Startups
The new fund underscores Bessemer's long-standing presence in India, where it has been investing since 2006, and aims to support emerging companies from their early stages through subsequent growth phases
VoltUp Secures USD 8 Million to Drive Battery-Swapping and Electric Mobility Solutions
VoltUp's battery-swapping technology aims to facilitate the adoption of electric two- and three-wheelers by allowing users to exchange depleted batteries for fully charged ones in under a minute at strategically located stations
Emiza Raises INR 100 Crore in Series C Funding, Valued at INR 400 Crore
The fresh capital will be used to enhance its technological capabilities, increase automation, and establish new facilities to support its growing client base
Shadowfax Acquires CriticaLog to Enhance High-Value Logistics Operations
Shadowfax currently handles over 2 million packages daily. With this acquisition, the company aims to address growing demand for secure and efficient logistics solutions for high-value goods in India
ParkMate Secures $1.2 Million Investment to Enhance Urban Parking Solutions
The investment is aimed at expanding the company's operations, strengthening its business development, and advancing its technological offerings
Semiconductor Design Startup Mindgrove Technologies Raises USD 8Mn
According to the founders, the funds will be used for the commercial launch of its Secure IoT microcontroller SoC, team expansion, and enhancing its engineering capabilities further