Bengaluru startups lead with 8 deals in $205.76M Indian funding surge this week

Indian startups saw a 47.5% weekly funding jump to $205.76 million, driven by Citykart's $118.2 million growth-stage rounds and Saarthi Finance's $55.5 million early-stage raise. Bengaluru dominated with 8 deals, highlighting its continued investment appeal.

Sources:
Entrepreneur+1
Updated 1h ago
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Sources: EntrackrEntrepreneur
Indian startups collectively raised approximately $205.76 million this week, marking a 47.50% increase from the previous week's $139.5 million.

The funding comprised 19 deals, including 5 growth-stage and 12 early-stage rounds, with two startups undisclosed.

Bengaluru-based startups led the city-wise count with 8 deals, followed by Delhi-NCR with four.

Growth-stage funding dominated with nearly $118.2 million. Healthtech startup Citykart, founded in 2015 and based in Gurugram, raised a Series B round led by TPG NewQuest. Consumer tech startup Snabbit secured $19 million in its Series B.

Early-stage funding totaled $87.56 million, led by fintech startup Saarthi Finance with a $55.5 million Series A. Saarthi Finance, founded in 2024 and headquartered in Mumbai, focuses on secured and unsecured business loans for micro and nano businesses in semi-urban and rural areas.

Other early-stage recipients included e-commerce startup Slikk, deeptech firm Frinks AI, and AI company Unbound.

This surge highlights growing investor confidence in Indian startups across sectors and stages, with Bengaluru maintaining its position as a key funding hub.

Key quotes and stats:
"During the week, 19 Indian startups raised a total of approximately $205.76 million, including 5 growth-stage and 12 early-stage deals."
"Growth and late-stage funding totaled nearly $118.2 million this week led by healthtech startup Citykart in its Series B round led by TPG NewQuest."
"In terms of the city-wise number of funding deals, Bengaluru-based startups led with 8 deals followed by Delhi-NCR with four deals."
"Fintech startup Saarthi Finance led the early-stage funding with a $55.5 million Series A round."
Sources: Entrackr
Indian startups raised $205.76 million this week across 19 deals, with Bengaluru leading at eight deals. Growth-stage funding hit $118.2 million, led by Citykart and Snabbit, while early-stage rounds totaled $87.56 million, including Saarthi Finance’s $55.5 million Series A.
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The Headline

Indian startups raise $205.76M with Bengaluru leading 8 deals

Citykart focuses on serving the fashion needs of tier-II and tier-III cities by offering affordable and trend-forward clothing for men, women, and children.
Sudhanshu Agarwal
Founder of Citykart
Entrepreneur
Saarthi Finance provides secured and unsecured business loans tailored for micro and nano businesses, particularly in semi-urban and rural areas.
Vivek Bansal
Co-founder of Saarthi Finance
Entrepreneur
Key Facts
  • 19 Indian startups raised a total of $205.76 million this week, marking a 47.5% increase compared to the previous week's $139.5 million.Entrackr1
  • Growth and late-stage funding accounted for nearly $118.2 million, led by Citykart's Series B round backed by TPG NewQuest and Snabbit's $19 million Series B round.Entrackr1
  • Early-stage startups raised a total of $87.56 million, with Saarthi Finance leading the round with a $55.5 million Series A funding, followed by Slikk, Frinks AI, and Unbound.Entrackr1
  • Bengaluru-based startups led the funding activity with 8 deals, followed by Delhi-NCR with 4 deals.Entrackr1
Key Stats at a Glance
Number of Indian startups funded this week
19 startups
1
Total funding raised by Indian startups this week
$205.76 million
1
Number of growth-stage deals this week
5 deals
1
Number of early-stage deals this week
12 deals
1
Growth and late-stage funding total
$118.2 million
1
Snabbit Series B funding
$19 million
1
Total early-stage funding raised
$87.56 million
1
Saarthi Finance Series A funding
$55.5 million
1
Number of deals by Bengaluru-based startups
8 deals
1
Number of deals by Delhi-NCR startups
4 deals
1
Weekly increase in startup funding
47.5%
1
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Background Context

Previous week funding and startup profiles

Key Facts
  • Previous week, Indian startups raised approximately $139.5 million, setting the baseline for this week's 47.5% funding increase.Entrackr1
  • Citykart, founded in December 2015 by Sudhanshu Agarwal and based in Gurugram, targets fashion needs in tier-II and tier-III cities with affordable clothing.Entrepreneur
  • Saarthi Finance, headquartered in Mumbai and founded in 2024 by Vivek Bansal and Sunil Daga, provides secured and unsecured business loans for micro and nano businesses in semi-urban and rural areas.Entrepreneur
  • Fleetx, a Gurugram-based logistics tech platform founded in 2017 by Vineet Sharma and others, uses AI to optimize fleet and logistics operations.Entrepreneur
  • Samunnati, founded in 2014 by Anil Kumar SG and headquartered in Chennai, offers customized financial and market linkage solutions to agricultural value chain stakeholders.Entrepreneur
Key Stats at a Glance
Previous week's startup funding
$139.5 million
1
Citykart founding year
2015
Entrepreneur
Saarthi Finance founding year
2024
Entrepreneur
Fleetx founding year
2017
Entrepreneur
Samunnati founding year
2014
Entrepreneur
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