Indian Startup Funding — Startups Raised $312 Mn This Week

SUMMARY

Between October 20 and 25, only three startup funding deals materialised, seeing Uniphore, UnifyApps and Michezo Sports together raise $312.5 Mn in fresh capital

This marked a 57% decline from the $737.4 Mn raised by 30 startups in the preceding week

Prominent investors backing Indian startups this week included Nvidia, Rainmatter and WestBridge Capital

Even as India revelled in the festive spirit, startup funding took a heavy hit this week. Between October 20 and 25, only three startup funding deals materialised, seeing Uniphore, UnifyApps and Michezo Sports together raise $312.5 Mn in fresh capital.

This marked a 57% decline from the $737.4 Mn raised by 30 startups in the preceding week.

Funding Galore: Indian Startup Funding Of The Week [ Oct 20-25 ]

Date	Name	Sector	Subsector	Business Model	Funding Round Size	Funding Round Type	Investors	Lead Investor
22 Oct 2025	Uniphore	Enterprise Tech	Horizontal SaaS	B2B	$260 Mn	Series F	NVIDIA, Advanced Micro Devices, Snowflake, Databricks, New Enterprise Associates, March Capital, BNF Capital, National Grid Partners, Prosperity7 VC	–
22 Oct 2025	UnifyApps	AI	Application Layer	B2B	$50 Mn	Series B	WestBridge Capital, ICONIQ	WestBridge Capital
23 Oct 2025	Michezo Sports	Consumers Services	Hyperlocal Services	B2C	$2.5 Mn	–	Centre Court Capital, Rainmatter	Centre Court Capital
	*Mix of primary and secondary transactions Source: Inc42 Note: Only disclosed funding rounds have been included

Key Startup Funding Highlights Of The Week

On the back of Uniphore’s $260 Mn round, enterprise tech became the most funded sector this week.
Minicorn startup UnifyApps also announced the close of its $50 Mn Series B round this week, making AI the second most funded segment.
Prominent investors backing Indian startups this week included Nvidia, Rainmatter and WestBridge Capital.
No funding deal materialised at the seed stage this week.

Other Developments Of The Week

India Quotient marked the final close of its fifth fund at $129 Mn, double the size of its $64 Mn Fund IV.
Shadowfax received SEBI’s nod for its initial public offering (IPO), three months after the logistics startup filed its DRHP via the confidential pre-filing route.
Meesho filed its updated DRHP with SEBI for an IPO, which will comprise a fresh issue of INR 4,250 Cr and an OFS component of 17.56 Cr shares.