📢 Indian Startups Raise $1.65B in February! 🚀
Indian startups secured $1.65 billion in funding in February 2025, reflecting a 19.5% increase from January’s $1.38 billion.
The median valuation stood at $83.2 million, bringing total FY25 (April-Feb) funding to $25.4B across 2,200 rounds. 📊💰
🏙 City-wise Breakdown:
🔹 Bengaluru: $353M raised, median round size $2M
🔹 Mumbai: $102M secured, but a higher median round size of $5M
💡 Top Deals & Acquisitions:
🔸 Oxyzo led the pack with $1B in debt funding 💳
🔸 Udaan raised $75M in Series G 📦
🔸 Other major fundraises: SpotDraft, Cashfree Payments, Zeta, Geniemode
🔄 Mergers & Acquisitions:
🔸 Head Digital Works acquired Deltatech Gaming for ₹491 Cr 🎮
🔸 Perfios acquired fraud detection firm Clari5 🔍
🔸 MO Alts took a majority stake in Megafine Pharma for ₹460 Cr 💊
📈 IPO Boom: 16 companies went public, with a $26.5M median market cap. Notable listings included Hexaware, AJAX, Ken India, Dr. Agarwal’s Eye Hospital, and Royal Arc.
📉 Yearly Comparison:
In 2024, Indian startups raised $30.4B, a 6.5% dip from $32.5B in 2023. However, the February surge signals resilience in the ecosystem! 🇮🇳