You should reconsider if you believe that India’s startup financing freeze will never end. A whopping $567.5 million was generated in 19 sales during the week of June 9–14, 2025, a 322% increase over the previous week. That’s a statement, not simply a bounce.
Venture capital is booming in India, from financial giants like Groww, CRED, and FlexiLoans to up-and-coming deep-tech and AI businesses.
However, underneath the statistics are compelling tales of tenacity, tactical changes, and the rise of new industries including construction, femtech, and defense technology. You can get a comprehensive overview of this amazing week in India’s startup funding environment by reading this blog, which breaks everything down.
The Week That Changed Everything: Big Money, Bigger Moves
Fintech accounted for the majority of the over half a billion dollars collected by Indian entrepreneurs in only five days. The following factors caused the surge:
- Mega rounds by financial platforms aimed to consumer
- Diversified early-stage capital in the fields of EV, AI, agritech, and deep technology
- Strong institutional investor trust from major international players such as BII, WestBridge, Accel, and GIC.
Fintech Dominates: From WealthTech to MSME Lending
1. Groww – $202.3 Million
Groww, the most popular do-it-yourself investing platform in India, topped the financing rankings with an incredible $202.3 million. This financing confirms its status as the poster child of India’s wealthtech development, as the IPO excitement grows louder.
With its user-friendly platform that made investing in stocks and mutual funds easier for millions of new users, Groww is now becoming a full-stack financial platform by branching out into wealth management, insurance, and retirement planning.
2. CRED – $72 Million
After raising additional funds from Singapore’s GIC and its current investors, the prestigious credit scoring and rewards app CRED reduced its prior valuation of $6.4 billion to $3.5 billion. This is a strategic realignment during a market correction, despite the fact that some may perceive it as a downturn.
Profiting from its incredibly devoted urban user base is CRED’s forte, and this round demonstrates that investors are still placing significant bets on the company’s long-term prospects.
3. FlexiLoans – ₹375 Crore (~$45 Million)
In its Series C round, which was led by Fundamentum Partnership, Accion, Nuveen, and British International Investment (BII), FlexiLoans, a digital lender that focuses on MSME lending in India, raised ₹375 crore.
Its 6-month total now stands at an incredible ₹665 crore, on top of the ₹290 crore that was previously raised. FlexiLoans’ data-driven underwriting strategy is addressing a genuine problem at a time when small businesses are begging for operating cash.
Spinny’s $170 Million: Used Cars Go Premium
Spinny secured $170 million in a round led by Accel and WestBridge, making it one of the biggest auto-tech acquisitions in recent memory. With certified cars, finance, and online showrooms, Spinny is capitalizing on India’s expanding pre-owned automobile industry.
It is anticipated that this fundraising round would support global development, develop warehousing capacities, and make investments in AI-powered car evaluation technology.
Beyond the Usual: Defence, Agritech, Femtech, and Deep-Tech Get the Spotlight
Defence-Tech – Sanlayan
Sanlayan, a defense-tech business developing domestic drone and surveillance technologies, received a sizable, yet secret, investment. Venture finance is starting to pour into the long-ignored defense industry as India steps up its efforts to support Atmanirbhar Bharat.
EV & Mobility – Vecmocon Technologies
Vecmocon, which specializes in EV controllers and intelligent battery management, obtained Series A investment to broaden its business-to-business (B2B) product offerings in India and Southeast Asia. The EV industry is now about the ecosystem rather than simply cars, and Vecmocon is driving it from within.
At ₹40 crore, this domestic feminine hygiene and wellness company concluded its Series B financing. It reflects the increased interest in entrepreneurs with a gender emphasis that are tackling practical wellness and lifestyle issues.
Agritech – Pehle Jaisa ($300K)
This modest but promising firm received seed-stage investment, which is indicative of the growth of tech-first, climate-resilient agritech businesses that are critical to India’s food security.
Deep-Tech & AI – Leumas ($2.2M) & Repello AI ($1.2M)
Deep-tech enabler Leumas and AI security firm Repello AI demonstrate that investors are now embracing IP-heavy, hardware-intensive models, particularly in fields like autonomous systems, cybersecurity powered by AI, and surveillance.
Construction-Tech Raises the Roof
₹300 crore (~$36 million) was funded by Knest, a business that is redefining aluminum formwork in the building industry. Startups that improve construction timetables and minimize material waste are becoming increasingly attractive to investors as urban infrastructure projects take up steam after COVID.
Sectoral Split: Who Got What?
| Sector | Approx. Total Raised | Key Startups |
| Fintech | $339.7 M | Groww, CRED, FlexiLoans |
| Auto-tech / EV | $170M+ | Spinny, Vecmocon |
| Defence-Tech | – | Sanlayan |
| Construction-Tech | ₹300 Crore (~$36M) | Knest |
| Femtech | ₹40 Crore (~$5M) | Plush |
| Agritech | ~$300K | Pehle Jaisa |
| Deep-Tech / AI | $3.4M | Leumas, Repello AI |
The Investor Landscape
- Among the most active supporters over the week were BII, WestBridge, Accel, and GIC.
- Impact-led investments in deep technology, EVs, and loans are currently being spearheaded by Development Finance Institutions (DFIs) such as BII.
- In underrepresented industries, family offices and strategic corporations also took part in seed and Series A deals.
IPO Pipeline Grows
A number of Indian firms are now prepared for an IPO:
- B2B e-commerce construction startup ArisInfra submitted its ₹500-crore initial public offering (IPO) draft.
- There is a robust exit pipeline as Pine Labs, Meesho, and Wakefit are also getting ready to go public by the end of 2025.
What This Means for Founders and Investors
- Fintech isn’t slowing down, but vertical integration and monetization are now the main priorities.
- With new investments in femtech, construction technology, and defense, sectoral diversification is increasing.
- Although big-ticket capital has returned, investors are becoming more critical about scalability and unit economics.
- Impact-led seed-stage firms are becoming more well-known, particularly those that address pressing issues in India.
