Indian startups raised over $203 million from May 26 to May 31, 2025; Citykart tops the list

Between May 26 and May 31, 2025, as many as 23 Indian startups from diverse sectors raised over $203 million in funding from investors. These sectors include Fashion, Traveltech, NBFC, AI, Beverage, Services, Sportstech, Wealth Management, Logistics, Beauty, and Retail.

Last week, Indian startups raised over $209 million, with EV startup Euler Motors raising $75 million alone.

High-value deals

Between May 26 and May 31, 2025, as many as 23 Indian startups from diverse sectors raised over $203 million in funding from investors. These sectors include Fashion, Traveltech, NBFC, AI, Beverage, Services, Sportstech, Wealth Management, Logistics, Beauty, and Retail.

Last week, Indian startups raised over $209 million, with EV startup Euler Motors raising $75 million alone.

High-value deals

A diverse range of sectors attracted investments during the week, with Retail sector leading the pack. Leading this sector was Citykart, which raised about $63 million. NBFC firm Saarathi Finance raised $55.1 million in funding. 

The list was followed by On-demand home services startup Snabbit, NBFC firm Mufin Green Finance, and Logistics SaaS startup Fleetx, which collectively raised $50.2 million. 

Snabbit raised $19 million, Mufin Green Finance raised $18 million, and Fleetx raised $13.2 million.

Emerging startups

60-minute fashion delivery startup Slikk raised $10 million in a Series A round, Premium travel luggage brand EUME raised $2.92 million in a Series A round, Deeptech startup Contineu raised $1.2 million in a Seed round, Protective farming agritech startup GROWiT raised $3 million in a Series A round, Spacetech startup Orbit Space raised $1 million in a pre-Seed round, Agricultural value chain enabler Samunnati raised $5 million in a Series E round, Home hygiene brand Cleevo raised $1 million in a Seed round, Sportstech startup KhalidPro raised $1 million in a pre-Seed round, Unbound raised $4 million in a Seed round, NBFC firm Mufin Green Finance raised $18 million in a debt, AI startup Frinks AI raised $5.4 million in a pre-Series A round, and Wealth Management startup ILIOS 72 Alternative Capital raised $110,000 million in a Seed round.

Meanwhile, Celebrity makeup artist-founded beauty brand Simply Nam, Preloved luxury fashion platform Ziniosa, Traveltech startup GydeXP, Korean-inspired fashion accessories brand Estailo, Premium beverage brand TOVA, Pet food startup Drools, and The World Bowling League, kept the funding figures under wraps.

Mergers & Acquisitions

The period also witnessed strategic mergers and acquisitions. Imarticus Learning acquired MyCaptain, Jumbotail acquired B2B e-commerce platform Solv, and DiFACTO Robotics and Automation acquired RoboFinish.