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    Funding for Indian Startups Hits $240 Million in a Week! Farmley leads the Space


    Finance Outlook India Team | Monday, 19 May 2025

    Up to 26 Indian startups from a variety of industries earned more than $240 million in funding from investors between May 12 and May 17, 2025. Food, fitness, B2B, AI, skincare, energy, healthcare, entertainment, retail, QSR, logistics, and medtech are some of these industries. Over $599 million was raised by Indian entrepreneurs last week, with PB Fintech alone getting $218 million. Throughout the week, investments were drawn to a wide variety of industries, with the food sector leading the pack. Farmley, a snack brand, led this category with $42 million raised. JSW One Platforms, a tech-led B2B e-commerce platform, raised $39.71 million.

    WhiteHat Jr. creator Karan Bajaj's healthtech business Complement 1, Hygiene product manufacturer Nobel Hygiene, and Sustainable long-duration energy storage solutions provider VFlowTech followed the list with a combined $56.35 million in fundraising. Complement 1 raised $16 million, VFlowTech raised $20.5 million, and Nobel Hygiene raised $19.85 million. Fittr, a fitness tech startup, raised $3 million; Citrus Freight, a logistics startup, raised $290,000 in a bridge funding round; Hyperbots, an AI startup, raised $6.5 million in a Series A funding round; QSR brand Biryani Blues, a QSR brand, raised $5 million in a pre-Series C funding round; TIEA Connectors, an industrial electronics startup, raised $2.57 million; Flam, an AI infra startup, raised $14 million in a Series A funding round; Third Bracket, a smart hiring platform, raised $580,000 in a seed funding round; Be Clinical, a science-led skincare startup, raised $230,000 in a seed funding round; Adopt AI, an agentic AI startup, raised $6 million; ReelSaga, a mobile entertainment startup, raised $2.1 million in a seed funding round; and NapTapGo, a pod hotel startup, raised $230,000 in a pre-seed funding round.

    The digital marketplace startup LUZO raised $550,000 in a seed funding round, the premium ice cream brand Hocco raised $10 million in a Series B funding round, the AI startup ContraVault AI raised $600,000 in a seed funding round, the enterprise AI solutions provider Celebal Technologies raised $15 million in a Series B funding round, the healthcare startup Avammune Therapeutics raised $12 million in a Series A funding round, and the medical technology startup Medvital raised $980,000 in a pre-seed funding round. The financial amounts, meanwhile, were not disclosed by Cryptique, an advanced analytics and attribution platform for Web3 companies.



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