SUMMARY

Twenty three startups cumulatively raised $316.6 Mn throughout September 15-20, a close to 7X bounce from the $47.8 Mn raised throughout 18 funding offers within the earlier week

Ecommerce topped the sectoral charts this week when it comes to the variety of offers. Six ecommerce startups raised $53.5 Mn this week

Accel, SIDBI, Blume Ventures and Kalaari Capital have been probably the most energetic traders this week, backing two startups apiece

After an prolonged interval of lull in investor curiosity, Indian startup funding zoomed previous the $300 Mn mark this week. Twenty three startups cumulatively raised $316.6 Mn throughout September 15-20, a close to 7X bounce from the $47.8 Mn raised throughout 18 funding offers within the earlier week. 

Funding Galore: Indian Startup Funding Of The Week [ Sep 15 – 20 ]

Date	Title	Sector	Subsector	Enterprise Mannequin	Funding Spherical Dimension	Funding Spherical Sort	Traders	Lead Investor
18 Sep 2025	Infra.Market	Actual Property Tech	Building	B2B	$83 Mn	Sequence G	Silverline Houses Pvt Ltd, NK Squared, Tiger International, Accel, Nexus	–
17 Sep 2025	EvoluteIQ	Enterprise Tech	Horizontal SaaS	B2B	$53 Mn	–	Baird Capital	Baird Capital
17 Sep 2025	FinBox	Fintech	Fintech SaaS	B2B	$40 Mn	Sequence B	WestBridge Capital, A91 Companions, Aditya Birla Ventures	WestBridge Capital
19 Sep 2025	Blue Power Motors	Clear Tech	Electrical Autos	B2B	$30 Mn	–	Nikhil Kamath (Cofounder, Zerodha), Omnitex Industries	Nikhil Kamath (Cofounder, Zerodha), Omnitex Industries
16 Sep 2025	InCred Cash	Fintech	Funding Tech	B2C	$30 Mn	–	Ranjan Pai (Chairman, Manipal Group), Ram Nayak (Ex-Funding Financial institution Head, Deutsche Financial institution), Mankind Household Workplace	–
17 Sep 2025	EcoSoul	Ecommerce	D2C	B2C	$20 Mn*	Sequence B	Accel, Bajaj Monetary Securities, StartupXseed Ventures, JSW Ventures, CK Birla Group, Singh Capital Accomplice, Alteria Capital, SIDBI	Accel, Bajaj Monetary Securities
16 Sep 2025	Indkal	Ecommerce	D2C	B2C	$20 Mn	–	Aries Alternatives Fund	–
17 Sep 2025	Scalekit	AI	Utility Layer	B2B	$5.5 Mn	Seed	Collectively Fund, Z47, Adam Frankl (US-based Angel Investor), Oliver Jay (MD, OpenAI), Jagadeesh Kunda (Cofounder, Oleria Safety)	Collectively Fund, Z47
17 Sep 2025	Lucira	Ecommerce	D2C	B2C	$5.5 Mn	Seed	Blume Ventures, Spring Advertising Capital, SiriusOne Capital	Blume Ventures
18 Sep 2025	SpaceFields	Superior {Hardware} & Know-how	House Tech	B2B	$5 Mn	Pre-Sequence A	Globaz Applied sciences, Rockstud Capital, Enterprise Catalysts, Rainmatter, Burla Angel Community, Faad Capital, SIDBI, O2 Angels, MeitY Startup Hub	Globaz Applied sciences
17 Sep 2025	Pelocal	Fintech	Banking	B2B	$5 Mn	Sequence A	UNLEASH Capital Companions, Unicorn India Ventures	UNLEASH Capital Companions, Unicorn India Ventures
16 Sep 2025	iDO Gadgets	Ecommerce	D2C	B2C	$4 Mn	–	Blume Ventures, Merak Ventures	Blume Ventures, Merak Ventures
15 Sep 2025	Pascal AI Labs	AI	Utility Layer	B2B	$3.1 Mn	Seed	Kalaari Capital, Norwest Enterprise Companions, Information Edge Ventures, Antler	Kalaari Capital
19 Sep 2025	Equilibrium	Clear Tech	Local weather Tech	B2B	$3 Mn	Seed	Kalaari Capital, Peak XV Companions, Avaana Capital	–
19 Sep 2025	INCLUD	Ecommerce	D2C	B2C	$2.9 Mn	Pre-Sequence A	3one4 Capital, Incubate Fund Asia	3one4 Capital
19 Sep 2025	Blinkit-AI	AI	Utility Layer	B2B	$1.2 Mn	Seed	Foliflex Cables	Foliflex Cables
17 Sep 2025	Supply6	Ecommerce	D2C	B2C	$1.1 Mn	Seed	Zeropearl VC, Kunal Shah (Founder, CRED), Ashutosh Valani (Cofounder, Beardo), Priyank Shah (Cofounder, Renee Cosmetics), Yogesh Kabra (Founder, XYXX)	Zeropearl VC
11 Sep 2025	UGX.ai**	AI	Utility Layer	B2B	$1 Mn	Seed	Blue Ocean Enterprise Companions, DeVC, iSeed, Atrium Ventures, Level One Capital, Ramakant Sharma (Founder & CEO, Livspace), Prateek Maheshwari (Cofounder, PhysicsWallah), Lovleen Bhatia (Cofounder, Edureka), Meghna Agarwal (Cofounder, IndiQube), Varun Pahwa (Pahwa Group), Asad Khan (Cofounder & CEO, LambdaTest), Dinesh Prasad (ex-India & SA Head, Qualcomm), Sai Yagnyamurthy (ex-Head of Partnerships, Ford Motor Firm), Gopi Prashant (ex-SVP – AI, Salesforce), Shekhar Vemuri (Founder, Emerge-In), Manish Agarwal (Co-Founder, KGeN)	Blue Ocean Enterprise Companions
16 Sep 2025	PlaySuper	Media & Leisure	Gaming	B2B	$1 Mn	Seed	Chimera, Audacity VC, India Angel Community, Dhruv Vohra (Managing Director – APAC Rising Markets, Meta)	Chimera
19 Sep 2025	Wankel Power Programs	Clear Tech	Local weather Tech	B2B	$1 Mn	Pre-Seed	Shastra VC	Shastra VC
15 Sep 2025	MyNaksh	Client Companies	Astrology Companies	B2C	$852K	Pre-Seed	Eximius Ventures, Gemba Capital	Eximius Ventures
16 Sep 2025	uKnowva	Enterprise Tech	Horizontal SaaS	B2B	$500K	Pre-Sequence A	Parv Community, Development 91, Aapna Infotech	–
18 Sep 2025	Raptee.HV	Clear Tech	Electrical Autos	B2C	–	–	Know-how Improvement Board (Ministry of Science & Know-how)	Know-how Improvement Board (Ministry of Science & Know-how)
	Supply: Inc42 *Mixture of debt and fairness infusion ** Included this week because it was skipped final week. Observe: Solely disclosed funding rounds have been included

Key Startup Funding Highlights Of The Week

• Ecommerce topped the sectoral charts this week when it comes to the variety of offers. Six ecommerce startups raised $53.5 Mn this week. Everything of those funds have been netted by D2C manufacturers.
• The week’s largest deal, Infra.Market’s $83 Mn Sequence G funding spherical, made actual property tech probably the most funded startup sector.
• Accel, SIDBI, Blume Ventures and Kalaari Capital have been probably the most energetic traders this week, backing two startups apiece.
• Ten startups on the seed stage raised $23.3 Mn this week.

Startup IPO Updates This Week

• Weeks after getting SEBI’s nod for its confidential submitting, Groww filed its up to date DRHP this week. The fintech main’s proposed public providing would comprise a contemporary challenge of shares value as much as INR 1,060 Cr and an offer-for-sale (OFS) element of as much as 57.4 Cr shares.
• Zappfresh filed the pink herring prospectus for its BSE SME IPO, which is able to solely include a contemporary challenge of as much as 59.06 Lakh shares. The corporate has set a worth band of INR 96 to INR 101, implying that it’s going to elevate as much as INR 59.65 Cr from the IPO and can be valued at round INR 225 Cr on the higher finish of the worth band.
• Pine Labs bought SEBI’s nod for its draft IPO papers this week. The corporate is predicted to file its RHP subsequent month and trim its challenge measurement to $700 Mn from $1 Bn earlier.
• InCred Holdings sought the approval of its shareholders to boost as much as INR 1,500 Cr through a contemporary challenge of shares in its proposed IPO.
• City Firm and DevX made their public market debut this week. Whereas City Firm listed at a premium of 56% and ended the week up 16%, DevX had a flat itemizing and its share costs ended the week down 6%.

Different Developments Of The Week