In October 2025, startup funding in India experienced a significant resurgence, with private equity and venture capital investments reaching $1.83 billion, marking a 60.5% increase from September’s $1.14 billion. Despite this financial boost, the number of transactions slightly decreased to 100 from 108. On a year-on-year basis, funding rose by 63.4%, maintaining the same deal volume as October 2024.
The month saw four megadeals totaling $955 million, compared to two such deals worth $343 million in September. The largest transaction involved Zepto, which secured $450 million, elevating its valuation to $7 billion. Uniphore followed with a $260-million Series F round, with strategic investors like NVIDIA and AMD participating. Other notable megadeals included Snapmint’s $125 million and Dhan’s $120 million.
The logistics and distribution sector led the funding charts, largely due to Zepto’s deal, with total inflows of $480 million. Financial services ranked second, attracting $449.6 million across 15 deals, with Snapmint’s $125-million round taking the lead. The software industry secured the third spot, raising $409.4 million across 23 deals, led by Uniphore’s funding.
Growth-stage investments gained momentum, accounting for 52.3% of total funding, up from 47.5% in September. These investments amounted to $957 million across 19 deals. In contrast, early-stage funding declined, with pre-seed and seed-stage deals dropping to $83.2 million across 38 deals. Debt funding also decreased to $55 million across two deals.
Accel and Peak XV Partners emerged as the top investors with four investments each, followed by several other venture capital firms with three investments each.
