Funding and acquisitions in Indian startup this week [Aug 11- Aug 16]

During the week, 29 Indian startups raised a total of $340.55 million, including 9 growth-stage and 20 early-stage deals, while 2 startups kept their funding undisclosed.

In comparison, the previous week saw 30 startups across early and growth stages secure around $205.31  million.

[Growth-stage deals]

Growth and late-stage funding this week totaled $244.11 million, led by healthtech startup Truemeds, which raised $85 million in its Series C round. Quick commerce unicorn Zepto followed with a $46 million round led by Motilal Oswal Financial Services Limited (MOFSL) . SaaS firm Darwinbox also secured $40 million in Series D round. Other notable growth-stage fundraises included electric bike startup Ultraviolette, e-commerce platform Kimirica, and Shivalik Small Finance Bank.

[Early-stage deals]

Further, 20  early-stage startups collectively raised around $96.44 million in funding led by medical coding startup Jeh Arintra’s $21 million Series A round led by Peak XV Partners followed by AI entertainment startup Dashverse, home services startup Pronto, e-commerce tech startup Graas AI and electronics R&D and manufacturing company Brandworks Technologies, among others.

Retail tech startup ZenZebra and deeptech startup SecureMachines also raised a sum but did not disclose the amount raised.

For a detailed funding breakdown, visit TheKredible.

[City and segment-wise deals]

In terms of the city-wise number of funding deals, Bengaluru-based startups led with 12 deals followed by Delhi-NCR with 7 deals. Mumbai, Pune, Hyderabad and others also bagged deals.

Segment-wise, fintech startups are at the top spot with four deals. Healthtech startups followed with 3 deals. AI, deep-tech, e-commerce and other startups also bagged deals this week.

[Series-wise deals]

During the week, Series A funding led with 7 deals followed by seed, Series B and pre-Series A grabbing 6, 4 and 3 deals respectively. Pre-seed, Series C and others also bagged deals. 

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 jumped nearly  66% to $340.55 as compared to around $205.31 million raised during the previous week.

The average funding in the last eight weeks stands at around $209.32 million with 25 deals per week.

[Key Hirings & Departures]

This week saw several key leadership appointments across the startup ecosystem. Niyo appointed veteran banker Amit Talwar as CEO of Niyo Forex (Powered by Kanji Forex Pvt Ltd). ProcMart has appointed Ashutosh Dhar as Chief Business Officer. FatakPay named Bikash Choudhary as CEO and former Jubilant executive Namish Chaudhary also joined Wow! Momo as CTO.

Abha Maheshwari, a former Meta executive who took charge of Allen’s digital business in 2022, has stepped down as CEO after two years in the role. 

VisitTheKrediblefor more details

[Fund Launches]

The week also saw four fund launches. The list includes Speciale Invest’s Rs 600 crore Fund III, Atomic Capital and Astratinvest’s Rs 400 crore fund and  Lavni Ventures’ Rs 200 crore deeptech impact fund. 

[New Launches and Partnerships]

▪️Astratinvest launches Quant Long Short Fund, targeting Rs 400 Cr in 12 months

▪️All In Capital launches TorQLabs for supply chain and logistics startups

▪️Rapido food delivery app Ownly goes live in parts of Bengaluru

▪️Embee Software Launches State-of-the-Art Cyber Defence Center to Revolutionize Enterprise Security

▪️Myntra introduces festive Zero Commission model to support made-in-India women’s ethnic wear brands

[Financial result this week]

▪️ EaseMyTrip profit falls 98% in Q1 FY26; spends Rs 370 Cr on 3 acquisitions

▪️Fractal crosses Rs 2,700 Cr revenue in FY25, regains profitability

▪️FirstCry parent records Rs 1,863 Cr revenue, Rs 75 Cr EBITDA in Q1 FY26

▪️Indiqube posts Rs 309 Cr revenue in Q1 FY26; controls losses

▪️Unicommerce revenue rises 67% in Q1 FY26; profit up 9%

▪️Nazara revenue and profit double in Q1 FY26

▪️Smartworks cuts losses by 82% in Q1 FY26; share hits all-time high

▪️Nykaa profit soars 80% to Rs 24.5 Cr in Q1 FY26

▪️MamaEarth-parent Honasa posts Rs 595 Cr revenue in Q1 FY26; PAT grows 2.7%

▪️CashKaro hits Rs 350 Cr revenue in FY25, GMV soars to Rs 6,000 Cr

▪️Awfis posts Rs 335 Cr revenue in Q1 FY26; profit jumps 3.5x

[News flash this week]

▪️ Groww continues to lead stock broking space in July; PhonePe’s Share.Market dips 6%

▪️PhonePe nears 9 Bn UPI transactions in July; groceries, fast food drive volumes

▪️Fractal Analytics files DRHP for Rs 4,900 Cr IPO

▪️Sands Capital trims BlackBuck stake worth Rs 191 Cr within a week

[Summary]

On a weekly basis, startup funding jumped nearly  66% to $340.55 as compared to around $205.31 million raised during the previous week.

India’s active stock market user base fell for the second straight month, down 4% in July 2025 to 45.96 million from 47.89 million in June, after peaking at 49.67 million in January. Groww retained the top spot with 12.35 million active clients and a 26.87% market share, despite a 1.81% drop from June.

UPI hit a record 19.47 billion transactions worth Rs 25.08 lakh crore in July, with PhonePe and Google Pay together commanding over 81% share in both volume and value, NPCI data shows. PhonePe led with 8.93 billion transactions (45.88% volume, 48.64% value), followed by Google Pay with 6.92 billion (35.56% volume, 35.53% value).

Fractal Analytics has filed its DRHP with SEBI to raise up to Rs 4,900 crore via IPO, comprising a Rs 1,279 crore fresh issue and a Rs 3,620.7 crore OFS. Key sellers include Apax Partners’ Quinag Bidco (Rs 1,463 crore), TPG Fett Holdings (Rs 2,000 crore), Satya Kumari Remala and Rao Venkateswara Remala (Rs 29.5 crore), and GLM Family Trust (Rs 129 crore).

Embee Software has launched its Cyber Defense Center (CDC), a managed security service providing 24x7 threat detection, incident response, and risk mitigation. Powered by Microsoft Sentinel and Seceon, the cloud-native, AI-driven platform integrates with on-premises, Azure, AWS, and third-party tools to deliver real-time monitoring, automated responses, and advanced threat intelligence for robust business protection.

Ahead of India’s 79th Independence Day, Myntra has introduced a three-month zero commission offer for new women’s ethnic wear brands as part of its Myntra Rising Stars program. The initiative is designed to empower emerging made-in-India labels by providing strategic account management support, faster onboarding, quicker payment cycles, and access to the M-Express delivery network. Participating brands will benefit from prominent visibility across Myntra’s homepage, category pages, and social commerce platforms like Glamstream and Myntra Minis, along with influencer collaborations to enhance engagement. They will also gain access to detailed dashboards and reports offering business, marketing, and industry insights, helping them build brand presence and celebrate India’s rich craftsmanship.