Indian Startups Raise $296M in Week, Led by Kapiva's $60M
Indian startups have witnessed a surge in funding, with over $296 million raised by 18 companies between September 29 and October 4, 2025. This week's funding spree spans various sectors, including wellness, lending, luxury, and mobility.
Leading the pack was Ayurveda wellness brand Kapiva, which raised a substantial $60 million. Meanwhile, mobility startup iGoWise Mobility (iGo) secured $990,000 in a pre-Seed round. In the lending sector, Hiranandani Financial Services (HFS) raised $90 million, while GrowXCD raised $22.53 million. Luxury watch retailer Art of Time also joined the funding frenzy, raising $19.71 million. Notably, Chakr Innovation raised $23 million alone last week, contributing to the overall $160 million raised by Indian startups. AI-native debt marketplace Recur Club raised $50 million, demonstrating the interest in deeptech ventures.
The funding landscape in India continues to diversify, with investors backing startups across various sectors. This week's funding rounds indicate a strong appetite for innovative ideas and growth potential in the Indian startup ecosystem.
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