Indian Startup Funding — Startups Raised $49 Mn This Week

SUMMARY

Between December 22-26, Indian startups cumulatively managed to raise a mere $49.2 Mn across seven deals, marking an 86% decline from the $347.7 Mn secured by 27 startups last week

Peak XV, Rainmatter, 360 ONE Asset Management, Accel, among other prominent institutional investors backed Indian startups this week

Two startups at the seed stage raised $4.2 Mn this week, down 26% from the $5.3 Mn raised by eight startups at this stage last week

Amid the year-end and festivities, the funding activity saw massive decline this week. Between December 22-26, Indian startups cumulatively managed to raise a mere $49.2 Mn, marking an 86% decline from the $347.7 Mn secured by startups last week. Only seven startup funding deals materialised this week against 27 last week.

Funding Galore : Indian Startup Funding Of The Week [Dec 22- Dec 26]

Date	Name	Sector	Subsector	Business Model	Funding Round Size	Funding Round Type	Investors	Lead Investor
23 Dec 2025	CoreEL Technologies	Advanced Hardware & Technology	Defence Tech	B2B	$30 Mn	Series B	ValueQuest Scale Fund, 360 ONE Asset Management	ValueQuest Scale Fund
22 Dec 2025	PowerUp Money	Fintech	Investment Tech	B2C	$12 Mn	Series A	Peak XV Partners, Accel, Blume Ventures, Kae Capital, 8i Ventures, DeVC	Peak XV Partners
23 Dec 2025	Prosperr.io	Fintech	Regulation & Compliance Tech	B2B	$4 Mn	Seed	Jungle Ventures, Yatra Angel Network, Sadev Ventures	Jungle Ventures
23 Dec 2025	Naxatra Labs	Cleantech	Electric Vehicles	B2B	$3 Mn	Pre-Series A	Rainmatter, Vijay Shekhar Sharma (Paytm), Aloke Bajpai (ixigo), Mohit Tandon (DelhiverY), Narayan GV, Hemant Daga (Neo Asset Management)	Rainmatter
25 Dec 2025	Oppam	Health Tech	Therapy	B2C	$170K	Seed	Phoenix Angels, Sandeep Balaji (IncrementumX)	Phoenix Angels
22 Dec 2025	Supply6	Ecommerce	D2C	B2C	–	–	Kriti Sanon (Actor)	Kriti Sanon (Actor)
24 Dec 2025	MagicDecor	Ecommerce	D2C	B2C	–	–	Pidilite Ventures	Pidilite Ventures
	Source: Inc42 Note: Only disclosed funding rounds have been included

Key Funding Highlights Of The Week

Advanced hardware and technology topped sector-wise funding charts this week on the back of defencetech company CoreEL Technologies raising the biggest cheque of $30 Mn this week.
Fintech and ecommerce segments each saw two deals materialise apiece this week. While fintech startups PowerUp Money and Prosperr.io, cumulatively raised $16 Mn, D2C startups Supply6 and MagicDecor raised undisclosed cheques.
Two startups at the seed stage raised $4.2 Mn this week, down 26% from the $5.3 Mn raised by eight startups at this stage last week.
Peak XV, Rainmatter, 360 ONE Asset Management, Accel, among other prominent institutional investors backed Indian startups this week.

Startup IPO Updates Of The Week

OYO’s parent entity PRISM received shareholders’ nod to raise up to INR 6,650 Cr via a fresh issue of equity shares as part of its proposed IPO. The startup is expected to soon file for its much anticipated IPO.
Defence tech startup Tonbo Imaging filed its DRHP with market regulator SEBI for its IPO. The issue will comprise only an OFS of up to 1.81 Cr equity shares. Its backers including CEAQ Technologies, Timothy Guy Mitchell, among others, along with the promoters will offload shares via the OFS.
Quick commerce major Zepto received its board’s nod to raise INR 11,000 Cr via the issuance of fresh shares as part of its IPO. The IPO is also expected to comprise a larger portion of OFS.

Other Developments Of The Week

Anicut Capital announced the final close of its third private credit fund Grand Anicut Fund IV (GAF-IV) at INR 1,275 Cr.
Visual Telematics startup Cautio snapped up AI-powered automotive startup BYTES to build a full-stack road safety platform for all vehicles, especially for two-wheeler safety. The financial terms of the deal has not been disclosed
CarDekho infused $10 Mn in its edtech subsidiary CollegeDekho. With this capital, CollegeDekho will expand its presence in non-metro cities. Notably, the edtech arm claims to have partnered with 2,000 universities and colleges till date.