Indian startups raised over $102 million from April 28 to May 03, 2025; Kult tops the list

Between April 28 and May 03, 2025, as many as 26 Indian startups from diverse sectors raised over $102 million in funding from investors. These sectors include NBFC, Spacetech, Wellness, B2B, Cybersecurity, Neobanking, Food, Healthtech, SaaS, Fintech, Education, Robotics, Beverage, and Consumer Electronics.

Last week, Indian startups raised over $76 million, with Uniqus Consultech raising $20 million alone.

High-value deals

Between April 28 and May 03, 2025, as many as 26 Indian startups from diverse sectors raised over $102 million in funding from investors. These sectors include NBFC, Spacetech, Wellness, B2B, Cybersecurity, Neobanking, Food, Healthtech, SaaS, Fintech, Education, Robotics, Beverage, and Consumer Electronics.

Last week, Indian startups raised over $76 million, with Uniqus Consultech raising $20 million alone.

High-value deals

A diverse range of sectors attracted investments during the week, with Beautytech the pack. Leading this sector was Kult, which raised $20 million. Digital assets infrastructure startup Fuze raised $12.2 million in funding. 

The list was followed by tech-enabled surgery care platform HexaHealth, NBFC firm Metafin, and Quantum cybersecurity startup QNu Labs, which collectively raised $29 million. 

HexaHealth raised $12 million, Metafin raised $10 million, and QNu Labs raised $7 million.

Emerging startups

Tech-enabled recruitment platform EarlyJobs raised $140,000 in a seed round, Shark Tank India-featured premium beverage brand Malaki raised $670,000 in a seed round, Lifestyle brand Uni Seoul raised $600,000 in a seed round, Healthcare-focused fintech startup Care.fi raised $710,000 in a debt round, Consumer Electronics startup Primebook raised $2 million in a Pre-Series A round, and CollegeDekho raised $4.72 million in a debt round. 

Stimuler, a voice-first AI tutor for English-as-a-second-language (ESL) users, raised $3.75 million in a Pre-Series A round, Robotic automation startup Vividobots raised $160,000 in a seed round, Accommodation startup EZStays raised $1 million, Spacetech startup SatLeo Labs raised $3.3 million in a pre-seed round, Wellness startup Salt Oral Care raised $1 million in a Pre-Series A round, Sedna HoReCa, a B2B platform for hotel, restaurant, and catering, raised $5.91 million, and Kaleidofin raised $5 million.

Sadhav Offshore raised $3 million, Direct-from-farm food brand Anveshan raised $5.67 million in a Series A round, Gurugram-based Mugafi raised $3 million in a Series A round, Indian sweets startup Scandalous Foods raised $230,000 in a seed round.

Meanwhile, Constructiontech startup SitePace, Beat22, Healthtech startup ekincare, and Jamm kept the funding figures under wraps.

Mergers and acquisitions

The period also witnessed strategic mergers and acquisitions. Perfios acquired healthcare information exchange IHX, The Souled Store acquired Redwolf, and Lytus Technologies acquired Blod.in.