This week, 23 Indian startups raised around $147.64 million, comprising 4 growth-stage and 19 early-stage deals, while 3 startups kept their funding undisclosed.
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In contrast, 47 startups had collectively secured about $354 million in the previous week.
[Growth-stage deals]
This week, growth-stage funding reached $77.8 million across four deals. Mumbai-based home loan lender Easy Home Finance raised $30 million in a Series C round led by Investcorp. Aerospace manufacturer JJG Aero raises $30million in Series B round from Norwest Venture Partners. Precision oncology startup 4baseCare secured Rs 90 crore ($9.8 million) in the first close of its Series B, co-led by Ashish Kacholia and Lashit Sanghvi, with backing from existing investor Yali Capital. Meanwhile, legal-tech startup SpotDraft raised $8 million from Qualcomm Ventures in a Series B extension.
[Early-stage deals]
Early-stage funding this week stood at $69.84 million across 19 deals. Spacetech startup The Guild, formerly known as EtherealX, has raised $20.5 million in a Series A funding round led by TDK Ventures and BIG Capital. Bengaluru-based AI semiconductor startup Agrani Labs led with a funding of $8 million in a seed round led by Peak XV Partners. Healthtech Nivaan care, rare earth metal manufacturer, deeptech startup Vimag Labs, everyday-wear brand, Cava Athleisure and others also secured funding this week.
Legaltech SBC LLP, AI firm TakeTwo and Spacetech startup Sanyark Space also raised funding this week, although the deal sizes were not disclosed.
For a detailed funding breakdown, visitTheKredible.
[City and segment-wise deals]
Bengaluru led the city-wise deal count with 14 deals, followed by Delhi-NCR and Hyderabad with 5 and 2 deals, respectively. Mumbai and Chennai also bagged a deal each this week.
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Segment-wise, Deeptech startups led the week with 6 deals, followed by AI with 4 deals. Healthtech, fintech, Aerospace, legaltech, e-commerce, and others also recorded funding during the period.
[Series-wise deals]
This week seed rounds led the funding with 8 deals, followed by Series A and pre-seed with 5 deals each. Series B, Series C, and pre-Series A also recorded deals.
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Visit TheKredible to see series-wise deals along with amount breakup, and more insights.
[Week-on-week funding trend]
On a weekly basis, startup funding declined 58% to $147.64 million as compared to around $353.81 million raised during the previous week.
The average funding in the last eight weeks stands at around $192.27 million with 24 deals per week.
[Key Hirings/ Departures]
Jungle Ventures has appointed Amrit Raj as its first Partner and Chief Marketing Officer. Easebuzz has appointed Parimal Kumar Shivendu as Executive Director and inducted him onto its Board of Directors.
Deepak Sahni, founder of health tech startup Healthians, has stepped down after a decade with the Gurugram-based company.
[Mergers and Acquisitions]
Menhood parent Macobs Technologies is foraying into the protein supplementation space and has signed a share purchase agreement to acquire a 50.01% stake in health and wellness focused D2C brand Getmymettle for Rs 10.5 crore.
[Layoffs]
Delhi NCR-based gaming startup Zupee is laying off around 200 employees, nearly 40% of its workforce, as part of cost cutting measures following the ban on real money gaming. Meanwhile, Ola Electric said on Friday that it will reduce about 5% of its workforce as it focuses on increasing automation across its front end operations.
[Fund Launches]
Navam Capital has announced the final close of its maiden fund, Navam Venture Fund-I (NVF-I), with the early-stage Category II AIF raising Rs 250 crore and exercising its green shoe option to close at over Rs 315 crore ($35 million). Aizawl-based Red Vanda Partners has launched a VC fund Bana Kaih Venture Capital Fund and is targeting to raise Rs 100 crore ($11 million).
[New Launches and Partnerships]
▪️ Beyond scoops and numbers: Entrackr launches ‘Not Just Business’
▪️ Taghash launches services layer to streamline fund operations and compliance
▪️ Pine Labs partners UAE’s Wio Bank to build payment acquiring system
[Financial result this week]
▪️ CRED reports Rs 2,735 Cr revenue in FY25; operating losses fall 51%
▪️ Plush scales 2.3X to Rs 66 Cr revenue in FY25
▪️ Paytm posts Rs 2,194 Cr revenue and Rs 225 Cr profit in Q3 FY26
▪️ Swiggy posts Rs 6,148 Cr revenue in Q3 FY26, losses jump 32%
▪️ Vedantu posts Rs 227 Cr revenue in FY25
▪️ Pine Labs posts Rs 42 Cr profit in Q3 FY26; revenue grows 24%
▪️ CarTrade posts Rs 210 Cr revenue in Q3 FY26, profit jumps 35%
▪️ Drishti IAS posts Rs 364 Cr revenue and Rs 61 Cr PAT in FY25
▪️ WeWork India posts Rs 17 Cr profit in Q3 FY26; revenue grows 29%
▪️ The Whole Truth records 3.3x revenue growth to Rs 216 Cr in FY25
[News flash this week]
▪️ Turtlemint files updated DRHP for Rs 660 Cr fresh issue IPO
▪️ Entrackr Report: India’s Agritech at inflection point: funding revival, profitable models, and consolidation
▪️ Shadowfax lists at 9% discount on market debut
▪️ Ola Electric’s E2W market share slumps to under 6% in Jan 2026 from 24.8% a year ago
[Summary]
On a weekly basis, startup funding declined 58% to $147.64 million as compared to around $353.81 million raised during the previous week.
Insurtech firm Turtlemint has filed an updated draft red herring prospectus (DRHP) with SEBI for its IPO, which comprises a fresh issue of equity shares worth Rs 660 crore (around $73.3 million) along with an offer for sale (OFS) of 2.86 crore shares.
Once among India’s most promising startup segments, the agritech sector saw strong momentum in 2021–22 driven by investor interest and government support, before funding slowed in subsequent years. According to Entrackr, about 160 agritech startups raised over $2 billion across 253 deals between January 2020 and 2025, with growth-stage firms accounting for $1.63 billion in 62 deals and early-stage ventures raising $531 million through 191 deals.
The Indian electric two-wheeler market has seen major shifts, with Bhavish Aggarwal-led Ola Electric losing ground after dominating with over 35% market share in 2024. Since January 2025, its market share has fallen to 14.9%, with about 2.04 lakh units sold, sharply down from 4.07 lakh registrations and a 35.47% share in 2024, and recently slipping to below 6%.
Logistics and last-mile delivery firm Shadowfax Technologies made a muted stock market debut on Wednesday, listing at Rs 112–113 on the NSE and BSE, nearly 9% below the IPO’s upper price band of Rs 124. The company had raised about Rs 1,907 crore through its IPO, which was open for subscription from January 20 to 22.
