India’s startup ecosystem kept up its momentum this past week, as startups raised ₹1,831 Cr across 18 deals. Furthermore, the funding activity reflects strong investor confidence in infra-tech, fintech, housing finance, and consumer electronics. At the same time, capital is flowing steadily into mature sectors, while emerging verticals are also gaining attention. As a result, India’s private markets demonstrate both depth and diversity, strengthening the outlook for future growth.
📊 Top 5 Funding Deals (Sept 12–18, 2025)
| Deal Date | Company | Trade Name | Deal Size (₹ Cr) | Investors/Buyers | Round/Series |
| 18 Sep 2025 | Hella Infra Market Limited | Infra.Market | 732 | NKSquared, Tiger Global, Evolvence India, Accel India, Nexus Venture Partners, Aaditya Sharda, Souvik Sengupta | Series G |
| 17 Sep 2025 | Moshpit Technologies Pvt Ltd | Finbox | 351 | Westbridge Capital Partners, A91 Partners, Aditya Birla Ventures | Series B |
| 16 Sep 2025 | Alpha Fintech Pvt Ltd | InCred Money | 250 | Ram Nayak, Mankind Group Family Office, Raj Vattikutti Foundation, Ranjan Ramadas Pai, MMG Family Office, Ravi Pillai Family Office | Funding |
| 16 Sep 2025 | Indkal Technologies Pvt Ltd | Indkal | 176 | Undisclosed Investors | Series B |
| 12 Sep 2025 | Unico Housing Finance Pvt Ltd | Unico Housing Finance | 120 | Anicut Capital, UC Impower | Funding |
Note: All 5 deals are sourced from press announcements; MCA filings are awaited.
🔑 Key Takeaways
Infra-tech consolidates leadership – Infra.Market’s massive ₹732 Cr Series G shows how infra-tech continues to attract late-stage capital. Backed by global investors like Tiger Global and Accel, the company remains one of India’s largest B2B construction platforms.
Fintech funding stays strong – Finbox raised ₹351 Cr in Series B, signaling sustained investor confidence in credit infrastructure and embedded finance solutions, particularly in enterprise-driven fintech.
Wealth-tech demand rises – InCred Money’s ₹250 Cr raise reflects growing appetite for wealth management and retail investment platforms, as affluent Indians seek professional, tech-first advisory services.
Consumer electronics gaining traction – Indkal’s ₹176 Cr Series B underlines how home appliances and consumer electronics startups are building scale in a market traditionally dominated by MNC brands.
Housing finance gets investor backing – Unico Housing Finance’s ₹120 Cr funding marks a notable bet on affordable housing credit, a segment with long-term growth potential given India’s demographic and urbanization trends.
💡 Conclusion
From late-stage infra-tech to early bets in housing finance, this week’s funding activity underscores the sectoral breadth of India’s private markets. While Infra.Market and Finbox dominate the charts, consumer and financial services plays like Indkal and Unico show where the next wave of growth may come from.
This funding intelligence is powered by PrivateCircle Research, delivering data-backed insights on India’s private markets.