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    Funding for Indian Startups Hits $203 Million in a Week! Euler Motors Leads the Race


    Finance Outlook India Team | Monday, 02 June 2025

    Between accordingly, 23 of Indian startups from various Industries raised at least $203 million in funding from investors across a wide range of Industries from May 26 - May 31, 2025. These include Fashion, Traveltech, NBFC, AI, Beverage, Services, Sportstech, Wealth Management, Logistics, Beauty, and Retail.

    ➤ Indian startups raised over $203M in May 2025's final week, led by Citykart ($63M) and Saarathi Finance ($55.1M).

    ➤ Top deals from Snabbit, Fleetx, and Mufin Green Finance drove $50.2M in multi-sector startup funding.

    ➤ Strategic acquisitions surged as Jumbotail acquired Solv, Imarticus Learning bought MyCaptain, and DiFACTO took over RoboFinish.

    Last week, Indian startups overall raised more than $209 million and Euler Motors, an EV startup, raised $75 million itself.

    There were investment deals in a variety of different, industries that attracted investment funds that week, the Retail sector lead the pack, led by Citykart with about $63 million raised; NBFC firm Saarathi Finance raised $55.1 million.

    The list continued on with three other deals; on-demand home services startup Snabbit, NBFC firm Mufin Green Finance, and Logistics SaaS startup Fleetx collectively raised $50.2 million.

    Their angel funds of Snabbit ($19 million), Mufin Green Finance ($18 million), and Fleetx ($13.2 million).

    60-minute fashion delivery startup Slikk raised $10 million in a Series A round, Premium travel luggage brand EUME raised $2.92 million in a Series A round, Deeptech startup Contineu raised $1.2 million in a Seed round, Protective farming agritech startup GROWiT raised $3 million in a Series A round, Spacetech startup Orbit Space raised $1 million in a pre-Seed round, Agricultural value chain enabler Samunnati raised $5 million in a Series E round, Home hygiene brand Cleevo raised $1 million in a Seed round, Sportstech startup KhalidPro raised $1 million in a pre-Seed round, Unbound raised $4 million in a Seed round, NBFC firm Mufin Green Finance raised $18 million in a debt, AI startup Frinks AI raised $5.4 million in a pre-Series A round, and Wealth Management startup ILIOS 72 Alternative Capital raised $110,000 million in a Seed round.

    Also Read: Online Travel Aggregator Yatra Doubles Yearly Revenue for Q4FY25

    Meanwhile, Celebrity makeup artist-founded beauty brand Simply Nam, Preloved luxury fashion platform Ziniosa, Traveltech startup GydeXP, Korean-inspired fashion accessories brand Estailo, Premium beverage brand, TOVA, Pet food startup Drools, and The World Bowling League, kept the funding figures under wraps.

    We also witnessed some interesting strategic mergers and acquisitions. Imarticus Learning acquired MyCaptain, Jumbotail acquired B2B e-commerce platform Solv, and DiFACTO Robotics and Automation acquired RoboFinish.



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