Start-Up Boom Continues: Indian Firms Secure $150 Million In Funding This Week

Overall 23 startups raised fresh capital, comprising five growth-stage and 17 early-stage deals, while the total number of funding transactions recorded during the week stood at 16.

Sector-wise, fintech startups attracted the highest number of deals, with six transactions contributing significantly to the week's total funding.

Source : Freepik

India's startup ecosystem continued its strong funding momentum, with domestic startups securing over $150 million in the final week of March. A total of 23 startups raised fresh capital, comprising five growth-stage and 17 early-stage deals. The total number of funding transactions recorded during the week stood at 16, underscoring sustained investor interest in the sector.

India's largest model portfolios platform smallcase generated $50 million in the Series D funding round, including a combination of primary and secondary driven by Elev8 Venture Partners, seeing participation from both new and existing investors, reported IANS.

Meanwhile, 17 early-stage startups collectively secured $54.09 million, with fintech firm Abound emerging as the top fundraiser at $14 million.

Fintech and Delhi-NCR Dominate Deal Flow

Sector-wise, fintech startups attracted the highest number of deals, with six transactions contributing significantly to the week's total funding. In terms of regional distribution, startups based in Delhi-NCR led the charge with eight deals, followed by Bengaluru, Mumbai, Hyderabad, and Chennai.

The funding surge in the final week of March caps off a robust first quarter for Indian tech startups. In Q1 2025, Indian startups raised a total of $2.5 billion, reflecting a 13.64 per cent increase compared to the previous quarter and an 8.7 per cent rise from the same period last year. This placed India as the third most-funded startup ecosystem globally.

Late-stage startups saw a particularly strong performance, securing $1.8 billion in the first quarter of 2025. This marked a significant 38.46 per cent rise from the $1.3 billion raised in the last quarter of 2024 and a staggering 114.54 per cent jump from the $839 million recorded in the corresponding first quarter in last year.

Delhi Tech Startups Lead National Investment Trends

Market intelligence platform Tracxn reported that tech startups based in Delhi accounted for 40 per cent of all funding received by tech companies across India in Q1 2025. Bengaluru followed with a 21.64 per cent share, reinforcing its position as a major startup hub.

On the policy front, the government reaffirmed its commitment to fostering entrepreneurship. As part of the Startup India initiative, a total of 217 incubators were selected for funding support. As of January 31, the government has approved a cumulative fund allocation of Rs 916.91 crore to boost startup incubation across the country.

India's startup landscape continues to expand, with the Department for Promotion of Industry and Internal Trade (DPIIT) reporting that the country is now home to approximately 1.59 lakh startups.