July started on a sluggish note as venture capital (VC) investment into the Indian startup ecosystem dipped due to fewer deals, barring a single large-value transaction from Jumbotail.
In the first week of July, Indian startups raised a total of $259 million across 21 funding deals. In contrast, the previous week saw total funding of $374 million from 31 deals.
Last week, after seeing a small revival, the weekly funding figure dropped to familiar territory, in the range of $100-200 million. During this week, growth-stage funding saw the highest infusion at $130 million, followed by debt funding at $63 million.
These developments show that the Indian startup ecosystem continues to remain in an uncertain zone as far as VC funding is concerned, owing to the unstable macroeconomic environment, which is unlikely to change anytime soon.
This was also seen in funding trends for the first half of 2025, where VC inflow saw a decline of 11%.
On the other hand, Meesho has become the latest Indian startup to go the IPO route, after the ecommerce company filed its preliminary papers with market regulator SEBI this week.
Key transactions
B2B ecommerce startup Jumbotail raised $120 million from SC Ventures and Artal Asia.
Construction materials platform Infra.Market raised $50 million from MARS Growth Capital.
AppsForBharat raised Rs 175 crore (about $20 million) from Susquehanna Asia Venture Capital, Fundamentum, Elevation Capital, and Peak XV Partners.
Lab-grown diamond jewellery brand Aukera raised $15 million from Peak XV Partners, Fireside Ventures, Sparrow Capital, Prath Ventures, and Alteria Capital.
NBFC FincFriends raised Rs 98.5 crore (about $11.5 million) from IBL Finance, Incred, Real Touch Finance, Shine Star Build-Cap, and Western Capital Advisors.
Sustainable materials startup Bambrew raised Rs 90 crore (about $10.3 million) from Ashok Goel, former MD of Essel Propack and Enrission India Capital.
Deeptech startup Maieutic Semiconductor raised $4.15 million from Endiya Partners and Exfinity Venture Partners.
Edited by Suman Singh
