Amid the year-end and festivities, the funding activity saw massive decline this week. Between December 22-26, Indian startups cumulatively managed to raise a mere $49.2 Mn, marking an 86% decline from the $347.7 Mn secured by startups last week. Only seven startup funding deals materialised this week against 27 last week.
Funding Galore : Indian Startup Funding Of The Week [Dec 22- Dec 26]
| Date | Name | Sector | Subsector | Business Model | Funding Round Size | Funding Round Type | Investors | Lead Investor |
| 23 Dec 2025 | CoreEL Technologies | Advanced Hardware & Technology | Defence Tech | B2B | $30 Mn | Series B | ValueQuest Scale Fund, 360 ONE Asset Management | ValueQuest Scale Fund |
| 22 Dec 2025 | PowerUp Money | Fintech | Investment Tech | B2C | $12 Mn | Series A | Peak XV Partners, Accel, Blume Ventures, Kae Capital, 8i Ventures, DeVC | Peak XV Partners |
| 23 Dec 2025 | Prosperr.io | Fintech | Regulation & Compliance Tech | B2B | $4 Mn | Seed | Jungle Ventures, Yatra Angel Network, Sadev Ventures | Jungle Ventures |
| 23 Dec 2025 | Naxatra Labs | Cleantech | Electric Vehicles | B2B | $3 Mn | Pre-Series A | Rainmatter, Vijay Shekhar Sharma (Paytm), Aloke Bajpai (ixigo), Mohit Tandon (DelhiverY), Narayan GV, Hemant Daga (Neo Asset Management) | Rainmatter |
| 25 Dec 2025 | Oppam | Health Tech | Therapy | B2C | $170K | Seed | Phoenix Angels, Sandeep Balaji (IncrementumX) | Phoenix Angels |
| 22 Dec 2025 | Supply6 | Ecommerce | D2C | B2C | – | – | Kriti Sanon (Actor) | Kriti Sanon (Actor) |
| 24 Dec 2025 | MagicDecor | Ecommerce | D2C | B2C | – | – | Pidilite Ventures | Pidilite Ventures |
| Source: Inc42 Note: Only disclosed funding rounds have been included |
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Key Funding Highlights Of The Week
- Advanced hardware and technology topped sector-wise funding charts this week on the back of defencetech company CoreEL Technologies raising the biggest cheque of $30 Mn this week.
- Fintech and ecommerce segments each saw two deals materialise apiece this week. While fintech startups PowerUp Money and Prosperr.io, cumulatively raised $16 Mn, D2C startups Supply6 and MagicDecor raised undisclosed cheques.
- Two startups at the seed stage raised $4.2 Mn this week, down 26% from the $5.3 Mn raised by eight startups at this stage last week.
- Peak XV, Rainmatter, 360 ONE Asset Management, Accel, among other prominent institutional investors backed Indian startups this week.
Startup IPO Updates Of The Week
- OYO’s parent entity PRISM received shareholders’ nod to raise up to INR 6,650 Cr via a fresh issue of equity shares as part of its proposed IPO. The startup is expected to soon file for its much anticipated IPO.
- Defence tech startup Tonbo Imaging filed its DRHP with market regulator SEBI for its IPO. The issue will comprise only an OFS of up to 1.81 Cr equity shares. Its backers including CEAQ Technologies, Timothy Guy Mitchell, among others, along with the promoters will offload shares via the OFS.
- Quick commerce major Zepto received its board’s nod to raise INR 11,000 Cr via the issuance of fresh shares as part of its IPO. The IPO is also expected to comprise a larger portion of OFS.
Other Developments Of The Week
- Anicut Capital announced the final close of its third private credit fund Grand Anicut Fund IV (GAF-IV) at INR 1,275 Cr.
- Visual Telematics startup Cautio snapped up AI-powered automotive startup BYTES to build a full-stack road safety platform for all vehicles, especially for two-wheeler safety. The financial terms of the deal has not been disclosed
- CarDekho infused $10 Mn in its edtech subsidiary CollegeDekho. With this capital, CollegeDekho will expand its presence in non-metro cities. Notably, the edtech arm claims to have partnered with 2,000 universities and colleges till date.
The post From CoreEL Technologies To PowerUp Money — Indian Startups Raised $49 Mn This Week appeared first on Inc42 Media.
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