Indian startups raised over $358 million from Dec 15 to Dec 20, 2025; SaaS firm MoEngage tops the list

Between December 15 and December 20, 2025, as many as 26 Indian startups from diverse sectors raised over $358 million in funding from investors.

These sectors include Spacetech, Healthcare, Apparel, Deeptech, Climatetech, AI, Manufacturing, B2B, Edtech, Retail, Biotech, Legaltech, EV, and Consumer Appliances.

Last week, Indian startups raised over $137 million, with Lending firm Fibe raising $35 million alone.

High-value deals

A diverse range of sectors attracted investments during the week, with the SaaS sector leading the pack. Leading this sector was MoEngage, wh

Between December 15 and December 20, 2025, as many as 26 Indian startups from diverse sectors raised over $358 million in funding from investors.

These sectors include Spacetech, Healthcare, Apparel, Deeptech, Climatetech, AI, Manufacturing, B2B, Edtech, Retail, Biotech, Legaltech, EV, and Consumer Appliances.

Last week, Indian startups raised over $137 million, with Lending firm Fibe raising $35 million alone.

High-value deals

A diverse range of sectors attracted investments during the week, with the SaaS sector leading the pack. Leading this sector was MoEngage, which raised $180 million. Space surveillance startup Digantara raised $50 million.

The list was followed by Haircare brand Moxie Beauty, Electric commercial vehicle startup Qucev, and Investment advisory platform StockGro, which collectively raised $43 million.

Moxie Beauty raised $15 million, Qucev raised $15 million, and StockGro raised $13 million.

Emerging startups

Engineering-driven analog watch startup Rotoris raised $3 million in a Seed round, Spacetech startup Sisir Radar raised $7 million in a Series A round, Peer-to-peer marketplace for preloved kids’ products, IPF, raised $370,000 in a Seed round, Climatetech startup Aurassure raised $2.8 million in a pre-Series A round, Deeptech startup Quintrans raised $750,000 in a Pre Seed round, Shapewear and innerwear brand Underneat raised $6 million in a pre-Series A round, Healthcare startup Decode Age raised $1.62 million in a pre-Series A round, and Tech-led retail startup Ace Turtle raised $5 million in a Bridge round.

Shilpa Shetty-backed WickedGud raised $2.23 million, Experiential technology startup Tagbin raised $10 million, AI material discovery startup Novyte Materials raised $460,000 in a pre-Seed round, Healthcare edtech startup Virohan raised $7.25 million in a Series B round, AI startup CuePilot AI raised $1.8 million in a pre-Seed round, Alimento Agro Foods raised $5.8 million in a Series A round, B2B startup Magma raised $3 million in a Series A round, Biotech startup Cellarim Labs raised $670,000 in a Seed round, Consumer appliances startup EDT raised $1.4 million in a pre-Seed round, Legaltech startup Lawyered raised $950,000, Biotech startup Elementoz raised $4.5 million in a Seed round, WorkIndia raised $10.8 million in a Series B round, and EV startup Oben Electric raised $10.2 million in a pre-Series B round.

Mergers & acquisitions

The period also witnessed strategic mergers and acquisitions. Longevity-focused health startup GABIT acquired Swedish-Indian clean nutrition brand Näck. Walmart-owned Flipkart acquired majority stake in Indian GenAI startup Minivet AI. PhysicsWallah approved the acquisition of an additional 12.29% stake in Xylem Learning, taking its total ownership to 77.27%. VWO parent company Wingify acquired AI-powered user insights startup Blitzllama.