This week saw a huge boost in the Indian startup sector. A total of 26 startups raised $215 million; a 46% increase over the previous week. The top investors were Drivn ($80 million), The Whole Truth ($51 million), and Varaha ($20 million). The majority of deals were in the e-commerce and AI sectors. Bengaluru and Delhi led the way in cities.
FMCG giant Marico acquired a 60% stake in plant-based protein startup Cosmix. In financial results, Nykaa and PB Fintech saw a surge in profits, while PhysicsWallah reported a 33% profit growth. While Ather reduced its losses by 57%, Tracxn fell into the red. Physics Wala has expanded its operations into the yoga and wellness sector.
Fractal Analytics and Aye Finance have started the process of IPO. Indian property tech startups have reportedly raised over $550 million in 2025. Meanwhile, the freezing of Resonance Group’s accounts after it defaulted on loan repayments made big news in the education sector.
