City
Epaper

30 startups secure over $355 million in funding this week, up 335 pc

By IANS | Updated: March 8, 2025 14:56 IST

New Delhi, March 8 At least 30 startups secured more than $355 million this week, which included three ...

Open in App

New Delhi, March 8 At least 30 startups secured more than $355 million this week, which included three growth-stage and 20 early-stage deals.

This is stupendous growth of at least 355 per cent from the previous week, when the domestic startup ecosystem witnessed $105.87 million in fund-raising by 21 startups.

HR tech platform DarwinBox topped the chart with $140 million in Series D round led by Partners Group and KKR. The round also saw participation from Gravity Holdings.

Edtech platform Leap Finance secured $100 million debt facility from London headquartered-HSBC Bank under its ASEAN Growth Fund. This follows Leap's $65 million Series E equity round led by Apis Partners last month, taking it total fundraise to over $400 million.

Insurtech startup InsuranceDekho secured $70 million, which was co-led by private equity fund Beams Fintech Fund, Japan's Mitsubishi UFJ Financial Group (MUFG) and insurer BNP Paribas Cardif, via its insurtech fund managed by European investment major Eurazeo.

Meanwhile, 20 early-stage startups secured funding worth $45.02 million, led by revenue AI platform MaxIQ and enterprise tech startup Beacon.li, among others.

Bengaluru-based startups led with 12 deals followed by Delhi-NCR, Mumbai and others.

Domestic startups raised a total of nearly Rs 13,800 crore ($1.65 billion) in February this year, a 19.5 per cent increase from nearly Rs 11,460 crore ($1.38 billion) in January. The median valuation of these startups in February 2025 stood at Rs 61,216 crore ($83.2 billion).

Over the course of the 2024-25 financial year, Indian startups collectively raised Rs 21,062 crore ($25.4 billion) across 2,200 funding rounds.

Meanwhile, the Indian tech startup ecosystem now ranks second, after the US, in terms of all-time funding raised by companies with women founders, with a total of $26 billion in this space to date. India is home to over 7,000 active women-led startups, accounting for 7.5 per cent of all active startups in the country.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

InternationalPM Modi welcomes Philippines President Marcos at Hyderabad House; discussions set to strengthen bilateral relations

NationalPM Modi welcomes Philippines President Marcos at Hyderabad House; discussions set to strengthen bilateral relations

NationalNitish cabinet approves 36 proposals: Major boost in education, transport, health

InternationalPhilippines President, PM Modi's discussions aimed at cementing friendship between nations: MEA

NationalPunjab Village Panchayat Bans Love Marriages Without Family Consent, Sparks Outrage

Business Realted Stories

BusinessAlisha Seema Khan — This Beauty Queen ranks among top 2 at Mrs World International 2025

BusinessQuest Global Partners with TSS Foundation to Empower the Future of Underserved Students Through Sports and Education

BusinessFully Filmy Launches Official Merchandise for Coolie (2025), Rajinikanth's Upcoming Blockbuster

BusinessProtrainy Raises Seed Funding from IIMA Ventures and Prominent Indian & US Angels to Upskill India's Core Engineers

BusinessToshiba Unveils the Future of Freshness with its Latest Premium Glass Door Refrigerator Range in India