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From Zepto To Kuku FM — Indian Startups Raised $737 Mn This Week

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Ahead of Diwali, the Indian startup ecosystem saw a sharp uptick in funding this week. Thirty Indian startups raised $737.4 Mn during October 13-17, marking a jump of 159% from $284.6 Mn raised by 26 startups in the previous week.

The funding number received a boost fromZepto’s $450 Mn raise this week. Excluding it, startup funding rose 1% to $287.4 Mn.

Funding Galore: Indian Startup Funding Of The Week [Oct 13-18]

Date Name Sector Subsector Business Model Funding Round Size Funding Round Type Investors Lead Investor
16 Oct 2025 Zepto Consumer Services Quick Commerce B2C $450 Mn* California Public Employees Retirement System, Avenir, Avra, Lightspeed, Glade Brook, Stepstone Group, Nexus Venture Partners California Public Employees Retirement System
16 Oct 2025 Kuku FM Media & Entertainment OTT B2C $85 Mn Series C Granite Asia, Vertex Growth Fund, Krafton, International Finance Corporation, Paramark, Tribe Capital India, Bitkraft Granite Asia
17 Oct 2025 EKA Mobility Clean Tech Electric Vehicles B2B $56.9 Mn National Investment and Infrastructure Fund National Investment and Infrastructure Fund
13 Oct 2025 Dezerv Fintech Investment Tech B2C $39.4 Mn Series C Premji Invest, Accel, Elevation Capital, Z47 Premji Invest, Accel
14 Oct 2025 HouseEazy Real Estate Tech Property Listing & Discovery B2C $16.9 Mn Series B Accel, Chiratae Ventures, Antler Accel
14 Oct 2025 SpeakX Edtech Digital Learning Platform B2C $16 Mn Pre-Series B WestBridge Capital, Goodwater Capital, Elevation Capital, Ronnie Screwvala (cofounder, upGrad), Shyamal Anadkat (executive, OpenAI) WestBridge Capital
13 Oct 2025 GoodScore Fintech Lending Tech B2C $13 Mn Series A Peak XV Partners, Stellaris Venture Partners, Saison Capital Peak XV Partners
13 Oct 2025 Two Brothers Organic Farms Ecommerce D2C B2C $12.4 Mn Series B 360 ONE Asset, Rainmatter, Narotam Sekhsaria Family Office, Rahul Garg (managing partner, IGNITE Growth Solutions) 360 ONE Asset
14 Oct 2025 Airbound Advanced Hardware & Technology Aerial Vehicles B2B, B2G $8.7 Mn Seed Lachy Groom (founder, Physical Intelligence), Humba Ventures, Lightspeed Lachy Groom
13 Oct 2025 smallest.ai AI Application Layer B2B $8 Mn Seed Sierra Ventures, 3one4 Capital, Better Capital, Upsparks Capital, Schema Ventures, DeVC, peercheque, Mission Street Capital, Boris Wertz (founder, Version One Ventures), Raveen Sastry (founding partner, Multiply Ventures), Shyamal Hitesh Anadkat (applied AI, OpenAI) Sierra Ventures
13 Oct 2025 Chara Technologies Clean Tech Electric Vehicles B2B $5.8 Mn Series A Arkam Ventures, IIMA Ventures, Exfinity Venture Partners, Kalaari Capital Arkam Ventures
15 Oct 2025 Matters.AI AI Application Layer B2B $4.7 Mn Seed Kalaari Capital, Endiya Partners, Better Capital, Carya Venture Partners Kalaari Capital, Endiya Partners
16 Oct 2025 Graph AI AI Application Layer B2B $3 Mn Seed Bessemer Venture Partners Bessemer Venture Partners
14 Oct 2025 Airoclip Media & Entertainment Gaming B2C $2.8 Mn Seed T-Accelerate Capital, Centre Court Capital, BITKRAFT Ventures T-Accelerate Capital, Centre Court Capital, BITKRAFT Ventures
17 Oct 2025 HooLiv Real Estate Tech Property Listing & Discovery B2C $2.7 Mn Pre-Series A Negen Capital Negen Capital
15 Oct 2025 Fragaria Agritech Modern Farming B2B $2 Mn Seed WEH Ventures, Rainmatter, Spiral Ventures, Sashi Kumar (founder, Akshayakalpa Organic) WEH Ventures
19 Oct 2025 Fundamento AI Application Layer B2B $1.9 Mn Pre-Series A IIFL, The Players Fund, Venture Catalysts, Lead Invest, Epic Angels
13 Oct 2025 Without Clean Tech Climate Tech B2B, B2C $1.9 Mn Seed Rewilding Wealth, Spectrum Impact, Dia Mirza (Actor), Veena More (ex-Unilever exec), Vishwanath Ramarao (cofounder, Acko) Rewilding Wealth
16 Oct 2025 Dashamlabs Advanced Hardware & Technology Internet Of Things (IoT) & Hardware B2B $1.4 Mn Seed Speciale Invest, IIMA Ventures Speciale Invest
15 Oct 2025 Consuma AI Application Layer B2B $1.3 Mn Seed Equirus InnovateX, Abhishek Goyal (cofounder, Tracxn), Mekin Maheshwari (ex-CPO, Flipkart), Bhavik Dholakia (founder, Swatantra Wealth), Harsh Shah (founder, Fynd), Arnav Kumar (founder, Leap Finance), Shiv Kapoor (VP, Titan Capital), Biswa Kalyan Rath (Comedian) Equirus InnovateX
15 Oct 2025 Currently Media & Entertainment Social Networking Platform B2C $1 Mn Aarvi Family Office LLP, LJ Knowledge Foundation, Dhruv Patel (angel investor), Pratik Patel (angel investor), Neerav Dad (founder, FinFirst), Arpit Patel (angel investor), Priyank Parmar (angel investor) Aarvi Family Office LLP
15 Oct 2025 RARA Barefoot Ecommerce D2C B2C $500K Pre-Seed Prashant Tandon (cofounder, Tata 1mg), Akshat Babbar (managing director, ChrysCapital)
14 Oct 2025 Orange Sugar Ecommerce D2C B2C $455K Pre-Seed Consumer Collective by Atrium, Ramakant Sharma (cofounder, Livspace), Saurabh Jain (cofounder, Livspace), Srivatsan Chari (cofounder, Cleartax), Kunal Mahipal (cofounder, Onsitego) Meghana Agarwal (cofounder, Indiqube) Sunil Khaitan (MD & Head of India Capital Solutions Group, Goldman Sachs) Consumer Collective by Atrium, Ramakant Sharma (cofounder, Livspace), Saurabh Jain (cofounder, Livspace), Srivatsan Chari (cofounder, Cleartax), Kunal Mahipal (cofounder, Onsitego) Meghana Agarwal (cofounder, Indiqube) Sunil Khaitan (MD & Head of India Capital Solutions Group, Goldman Sachs)
16 Oct 2025 FireAI AI Application Layer B2B $455K Seed Inflection Point Ventures Inflection Point Ventures
14 Oct 2025 Muttley Crew Ecommerce D2C B2C $425K Seed
15 Oct 2025 Flowatt Battery Science Clean Tech Climate Tech B2B $249K Pre-Seed PedalStart PedalStart
14 Oct 2025 Fery Rides Travel Tech Ride Hailing B2C $236K Seed IAN Group IAN Group
13 Oct 2025 Réia Diamonds Ecommerce D2C B2C $227K Pre-Seed Dinesh Talera (founder, Mysore Saree Udyog), Venture Catalysts Dinesh Talera
15 Oct 2025 CoinDCX Web3 Digital Currencies & Assets B2C Coinbase Coinbase
13 Oct 2025 AIensured AI Application Layer B2B Software Technology Parks of India, Pontaq Software Technology Parks of India, Pontaq
*Mix of primary and secondary transactions
Source: Inc42
Note: Only disclosed funding rounds have been included

Key Startup Funding Highlights Of The Week

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  • Following Zepto’s mega round, consumer services became the most funded sector this week. The sector saw only one deal this week.
  • On the sectoral level, AI continued to see a hefty investor interest. Seven AI startups raised $19.4 Mn this week.
  • Accel continued to be the most active investor this week, backing two startups. Besides, IIMA Ventures, Lightspeed, and angel investor and OpenAI executive Shyamal Anadkat also backed two startups this week.
  • Weekly seed funding stood at $36.3 Mn across 16 deals, a 48% jump from $24.6 Mn raised by 11 startups at this stage last week.
Other Developments Of The Week
  • Prosus acquired 1.3 Cr shares, or a 3.16% stake, of ixigo via an off-market secondary acquisition from Peak XV Partners for INR 414.4 Cr (about $47 Mn).
  • Dronetech company AVPL International (AITMC Ventures) pre-filed its DRHP for INR 200 Cr IPO. While the filings were confidential, the company’s board approved increasing the size of the fresh issue in the IPO to INR 200 Cr from INR 125 Cr earlier this year.
  • Artha India Ventures announced the first close of its INR 500 Cr ($56 Mn) Artha Venture Fund (AVF II) at INR 250 Cr ($30 Mn). The firm aims to invest in 36 seed stage startups focussed on premium consumption, fintech infrastructure, applied AI, and deeptech.
  • BNPL startup Snapmint is currently in advanced talks to raise around $100 Mn (about INR 886Cr) in a new funding round led by General Atlantic.
  • IIMA Ventures and Jaivel Aerospace launched an aerospace and defence acceleration fund to invest in 8-10 early stage startups developing technologies in autonomy, advanced materials, advanced manufacturing, and secure communications technologies.
  • Ahead of filings its RHP, Lenskart is looking to raise INR 250 Cr to INR 300 Cr in its pre-IPO round from DMart founder Radhakishan Damani and SBI Mutual Fund.

The post From Zepto To Kuku FM — Indian Startups Raised $737 Mn This Week appeared first on Inc42 Media.

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