Indian startups raised over $161 million from June 16 to June 21, 2025; Aspora tops the list

Between June 16 and June 21, 2025, as many as 16 Indian startups from diverse sectors raised over $161 million in funding from investors. These sectors include NBFC, Fintech, Logistics, AI, EV, Insurance, Marketing, B2B, and Edtech.

Last week, Indian startups raised over $390 million, with stock brokerage firm Groww raising $200 million alone.

High-

Between June 16 and June 21, 2025, as many as 16 Indian startups from diverse sectors raised over $161 million in funding from investors. These sectors include NBFC, Fintech, Logistics, AI, EV, Insurance, Marketing, B2B, and Edtech.

Last week, Indian startups raised over $390 million, with stock brokerage firm Groww raising $200 million alone.

High-value deals

A diverse range of sectors attracted investments during the week, with Fintech sector leading the pack. Leading this sector was Aspora, which raised $53 million. Spinny raised $30 million in funding. 

The list was followed Lending firm Mahaveer Finance, Integrated facility management company CLR Facility Services, and Insurance broking startup RenewBuy, which collectively raised $48 million.

Mahaveer Finance raised $23 million, CLR Facility Services raised $15 million, and RenewBuy raised $10 million.

Emerging startups

F&B startup Nuvie raised $450,000 in a pre-Seed round, NBFC firm Dugar Finance raised $3 million in a debt, AI startup Darwix AI raised $1.5 million in a Seed round, Fintech startup Saswat Finance raised $2.6 million, AI-powered childcare management platform illumine raised $2.5 million in a Seed round, EV startup Oben Electric raised $5.77 million in a Series A round, NBFC firm Techfino raised $7.5 million, Wearable payments device startup Seven raised $460,000 in a pre-Series A round, EV maker Okinawa raised $6.92 million.

Meanwhile, Xportel and ex-AIB heads-founded One Hand Clap Media kept the funding figures under wraps. 

Mergers & Acquisitions

The period also witnessed strategic mergers and acquisitions. InCred Money to acquire Stocko, Krutrim acquired BharatSahAIyak, Razorpay acquired majority stake in fintech startup POP for $30 million.