Indian startups raised over $128 million from Feb 03 to Feb 08, 2025; Cashfree Payments tops the list

Between February 03 and February 08, 2025, as many as 20 startups from diverse sectors raised over $128.17 million in funding from investors.

These sectors include Logistics, SaaS, Healthcare, AI, Healthtech, Commerce, GenAI, IoT, Fintech, Lending, Foodtech, and Gaming.

Last week, Indian startups raised over $191.44 million, with Leap raising $65 million alone.

Between February 03 and February 08, 2025, as many as 20 startups from diverse sectors raised over $128.17 million in funding from investors.

These sectors include Logistics, SaaS, Healthcare, AI, Healthtech, Commerce, GenAI, IoT, Fintech, Lending, Foodtech, and Gaming.

Last week, Indian startups raised over $191.44 million, with Leap raising $65 million alone.

High-value deals

A diverse range of sectors attracted investments during the week, with fintech leading the pack. Leading this sector was Cashfree Payments, which raised $53 million in a funding round. AI deployment and scaling platform TrueFoundry raised $19 million.

The list was followed by AI startup Cognida AI, Rural commerce startup VilCart, and Dialysis service provider Apex Kidney Care, which collectively raised $34 million. 

Cognida AI raised $15 million, VilCart raised $10 million, and Apex Kidney Care raised $9 million.

Emerging startups

Logistics startup Shadowfax raised around $4 million in a pre-IPO funding round, Foodtech startup Mealawe raised $1 million, Secured lending platform Quicklend raised $760,000 in a pre-Seed funding round, Haircare startup Hair Originals raised $5 million in a Series A funding round, Family health and nutrition startup Fitspire raised $1 million in a bridge funding round, GenAI startup Origamis AI raised $500,000 in a seed funding round, and IoT startup Presage Insights raised $630,000 in a Seed funding round. 

Wellness startup NUA raised $3.98 million in a pre-Series C funding round, Gaming startup PlaySuper raised $500,000 in a Seed funding round, Digital pediatric care platform Babynama raised $700,000 in a Seed funding round, Astra Security raised $2.7 million, and Batterytech startup DreamFly Innovations raised $1.4 million.

Meanwhile, COLUXE, Vahan AI, and beverages startup Basil Alliance kept the funding figures under wraps.

Mergers and acquisitions

The period also witnessed strategic mergers and acquisitions. Perfios acquired CustomerXPs, Veefin Group acquired UAE-based TradeAssets, and Kolkata-based ITC agreed to acquire a 100% stake in Prasuma.