In February 2025, Indian startups raised a total of $1.65 billion (roughly Rs 14,418 crore) in funding at a median valuation of $83.2 million, according to Traxcn.
According to the data, this raises the total funding for FY25 (April–February) to $25.4 billion, distributed over 2,200 rounds.
From January 2025, when total funding was $1.38 billion, the February figure represents a 19.5% increase.
The total amount raised fell from the $2.06 billion raised in February 2024 on an annual basis.
With a median round size of $2 million, entrepreneurs in Bengaluru, the nation's startup capital, raised $353 million in funding.
With a higher median round size of $5 million, those in Mumbai raised a total of $102 million.
Oxyzo, a fintech firm, led the February funding pack by raising $1 billion in conventional debt. It was followed by udaan, an online B2B platform that raised $75 million in Series G equity funding led by M&G plc.
Other major fundraisers included SpotDraft, Cashfree Payments, Zeta, and Geniemode, among others.
The median round size in February 2025 was $1.92 million, according to Traxcn.
The second month of 2025 saw some significant business acquisitions.
Deltatech Gaming, the parent company of Adda52, was acquired by Head Digital Works for Rs 491 crore.
Perfios, a Bengaluru-based SaaS (software-as-a-service) firm, acquired fraud detection platform Clari5, and Motilal Oswal Alternate Investment Advisors (MO Alts) paid Rs 460 crore for a majority stake in Megafine Pharma.
Traxcn data shows that 16 IPOs were listed during the month under review, with a median IPO market capitalisation of $26.5 million. Some notable companies included Hexaware, AJAX, Ken India, Dr. Agarwal's Eye Hospital, and Royal Arc.
The shark Peyush Bansal, Aman Gupta, Anupam Mittal, and Ritesh Agarwal were at the top of the investor chart. Among the leading investors were Blume Ventures, Eximius Ventures, Unicorn India Ventures, Peak XV, Accel, and Nexus Venture Partners.
The total amount of funding raised by Indian startups in 2024 was $30.4 billion, which represents a 6.5% drop from the $32.5 billion obtained in 2023.
