23 Indian firms, comprising five growth-stage and seventeen early-stage deals, raised a total of about $152.49 million during the week, while one startup did not reveal its investment details.
In contrast, 25 firms in both the early and development stages raised about $176.44 million the week before.
This week, Jindal Stainless purchased a 9.62% stake in M1xchange, and wealthtech startup Smallcase secured $50 million in Series D funding led by Elev8 Venture Partners. ABC Impact also contributed Rs. 150 crore to DCDC Kidney Care. This week, VAHDAM, a direct-to-consumer (D2C) tea brand and agritech firm, also raised money.
A total of $54.09 million was funded this week by 17 early-stage companies. With a $14 million round, fintech startup Abound took the lead, followed by D2C diamond jewelry brand Firefly Diamonds, manufacturing company GreenFortune, NBFC startup Ecofy, climate tech FluxGen.
Up to 20 firms from various industries earned more than $172 million in capital from investors betandween March 17 and March 22, 2025. NBFC, OTT, Beauty, Robotics, E-commerce, Beverages, Healthcare, Gaming, D2C, Proptech, Fashion, and Cybersecurity are some of these industries.
Over $428 million was raised by Indian entrepreneurs last week, with Zolve alone getting $251 million.
Throughout the week, investments were made in a wide variety of sectors, with EV leading the way. Euler Motors raised $60 million to lead this area. A total of $28 million was raised by Nivara Home Finance.
Following the list were OTT startup Stage, rural financial company Navadhan, and beauty and personal care business Pilgrim, all of which raised $48.55 million.
A total of $23.25 million was raised by Pilgrim, $12.8 million by Navadhan, and $12.5 million by Stage.
