Indian Startup Funding — Startups Raised $48 Mn This Week

SUMMARY

Eighteen startups cumulatively raised $47.8 Mn this week, a 74% decline from $186.1 Mn raised by 20 startups in the preceding week

While five startups at the Series A stage raised $16.7 Mn, eight startups at the seed stage raised $12.8 Mn

The enterprise services sector dominated the funding trends this week, with four startups cumulatively raising $12.2 Mn

After showing some signs of recovery in the first week of September, Indian startup funding took a major hit this week. Indian startups raised a mere $47.8 Mn across 18 funding deals between September 8-13. This marked a 74% drop from the $186.1 Mn raised by 20 startups in the first week of September.

Funding Galore: Indian Startup Funding Of The Week [Sep 8 – 13]

Date	Name	Sector	Subsector	Business Model	Funding Round Size	Funding Round Type	Investors	Lead Investor
8 Sep 2025	Flipspaces	Real Estate Tech	Real Estate Services	B2B	$9 Mn*	Series C	CE-Invests, Panthera Growth Partners, SMBC Asia Rising Fund	–
8 Sep 2025	Indrajaal	Advanced Hardware & Technology	Defence Tech	B2B	$5.5 Mn	Pre-Series A	India Accelerator, Finvolve	India Accelerator, Finvolve
10 Sep 2025	Presolv360	Enterprise Services	–	B2B	$4.7 Mn	Series A	Elevation Capital, MGA Ventures	Elevation Capital, MGA Ventures
9 Sep 2025	Indigrid Technology	Enterprise Services	Manufacturing Solutions	B2B	$4 Mn	–	Cactus Partners	Cactus Partners
11 Sep 2025	Ember	Ecommerce	D2C	B2C	$3.2 Mn	Seed	Yoga Bar cofounder Suhasini Sampath (cofounder, Yoga Bar), Apurva Salarpuria (MD, Salarpuria Group)	–
10 Sep 2025	Asaya	Ecommerce	D2C	B2C	$3.2 Mn	Pre-Series A	RPSG Capital, OTP Ventures, Huddle Ventures, Suyash Saraf (cofounder, Dot & Key), Anisha Agarwal Saraf (cofounder, Dot & Key)	RPSG Capital
11 Sep 2025	Inamo	Enterprise Services	–	B2B	$3 Mn	Seed	Shastra VC, Antler India, Gemba Capital, Scope Promoters	Shastra VC
11 Sep 2025	WeHouse	Real Estate Tech	Construction	B2C	$2.8 Mn	Series A	Anthill Ventures, Suresh Babu Daggubati (Telugu film producer), Gaurav Marya (founder, Franchise India Holdings), Mohnish Yerra (founder,Leaders For India)	–
10 Sep 2025	EndureAir Systems	Advanced Hardware & Technology	Aerial Vehicles	B2B	$2.8 Mn	–	Indian Angel Network	Indian Angel Network
11 Sep 2025	Snap-E-Cabs	Travel Tech	Booking Services	B2C	$2.5 Mn	–	Inflection Point Ventures, Shish Kharesiya (founder, Beybee), Praveen Chand (director, The Empire Estates), Jaspreet Kaur (director, JIS Group)	Inflection Point Ventures
9 Sep 2025	Aurva	Enterprise Tech	Horizontal SaaS	B2B	$2.2 Mn	Seed	Nexus Venture Partners, DeVC, Chris Bream (ex-director, Meta), Rahul Sood (CPO, Pindrop), Ankit Sobti (cofounder, Postman), Abhinav Asthana (cofounder, Postman)	Nexus Venture Partners
11 Sep 2025	BacAlt Biosciences	Health Tech	Lifescience	B2B	$2 Mn	Pre-Seed	Avaana Capital, Lubrizol InnoVentures	Avaana Capital
11 Sep 2025	PeakAmp	Clean Tech	Electric Vehicles	B2B	$1.4 Mn	Seed	Caret Capital, IIM Ahmedabad Ventures, Basant Sharma (senior consultant, TCS)	Caret Capital
12 Sep 2025	FarmDidi	Ecommerce	D2C	B2C	$793K	Seed	Samved Ventures, LetsVenture, Indigram Labs, IIM Calcutta Innovation Park	Samved Ventures
9 Sep 2025	Prowrrap	Enterprise Services	–	B2B	$453K	Pre-Series A	Calance Software, Amit Govil (chairman, Calance Corporation)	Calance Software, Amit Govil (chairman, Calance Corporation)
11 Sep 2025	Biokraft Foods	Clean Tech	Climate Tech (Biotechnology)	B2C	$227K	Seed	GVFL	GVFL
8 Sep 2025	Misfits	Ecommerce	D2C	B2C	–	Seed	Nu Ventures, Subba Rao Telidevara (angel investor), Bijoy Daga (MD, Turiya Advisory Services)	Nu Ventures
9 Sep 2025	TraqCheck	AI	Application Layer	B2B	–	–	Alok Oberoi (chairman, Everstone Capital), Siddharth Mehta (founder, Bay Capital), Sivaramakrishnan S. Iyer (advisor, Bay Capital)	Alok Oberoi (chairman, Everstone Capital), Siddharth Mehta (founder, Bay Capital)
	Source: Inc42 Part of a larger round * Includes secondary transactions Note: Only disclosed funding rounds have been included

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Key Startup Funding Highlights Of The Week

A majority of the funding deals this week were secured by early stage startups. While five startups at the Series A stage raised $16.7 Mn, eight startups at the seed stage raised $12.8 Mn.
The enterprise services sector dominated the funding trends this week, with four startups cumulatively raising $12.2 Mn.
Ecommerce was tied with enterprise services in terms of deal count, seeing capital infusion of $7.2 Mn this week across four deals. All of these deals were raised by D2C startups.
Interior design startup Flipspaces bagged the biggest cheque of $9 Mn this week to close its Series C round at $50 Mn. In the real estate tech segment, Inc42 reported this week that WeHouse raised $2.8 Mn in its Series A round. On the back of these, the real estate tech segment saw the second highest capital infusion this week.

Fund Updates Of The Week

VC firm A Junior VC (AJVC) announced the close of its debut AIF fund AJVC Trust at INR 200 Cr.

Startup IPO Updates This Week

Urban Company’s initial public offering closed with an oversubscription of a whopping 104X yesterday. The new-age tech company’s shares are expected to list on Wednesday (September 17).
Besides Urban Company, coworking space provider DevX’s IPO also saw healthy investor interest. The IPO closed with an oversubscription of 64X, with investors bidding for 84.1 Cr shares as against 1.32 Cr shares on offer. Its shares are also expected to start trading on the bourses on Wednesday.
Edtech major PhysicsWallah filed its updated DRHP with SEBI on September 6. Its proposed public offering will include a fresh issue of up to of INR 3,100 Cr and an offer for sale (OFS) of up to INR 720 Cr by cofounders and promoters Alakh Pandey and Prateek Boob.
Insurtech startup Turtlemint pre-filed its IPO papers with SEBI on September 6. The size of the IPO is said to be in a range of $200 Mn to $250 Mn.
House of brands startup Purple Style Labs’ board approved a proposal to undertake an IPO comprising a fresh issue of equity shares worth up to INR 750 Cr.

Other Developments Of The Week

Binny Bansal-backed SaaS startup VideoVerse was acquired by US-based digital media publisher Minute Media for an undisclosed amount.
AI-focussed SaaS startup RevRag.AI acquired workflow orchestration startup GenStaq.ai to deepen its infrastructure control and accelerate enterprise-grade AI agent capabilities.
Logistics unicorn Porter is reported to be in advanced discussions with investors to raise an additional $100 Mn to $110 Mn in its extended Series F funding round.
Prosus-owned PayU is reportedly planning to raise $250 Mn to $300 Mn to help “gauge investor demand and set a valuation benchmark” ahead of its IPO.
Venture Catalysts raised INR 150 Cr (about $18 Mn) in a mix of primary and secondary transactions to launch new funds, upgrade tech and expand geographically. Investors like Ashish Kacholia, Authum Investments, Bollywood actor Aishwarya Rai, Shahrukh Khan Family Office, among others, participated in the round.