{"id":478207,"date":"2025-03-30T01:54:03","date_gmt":"2025-03-29T20:24:03","guid":{"rendered":"https:\/\/nagalandpost.com\/?p=478207"},"modified":"2025-03-30T01:54:04","modified_gmt":"2025-03-29T20:24:04","slug":"domestic-startups-secure-more-than-150-million-this-week","status":"publish","type":"post","link":"https:\/\/nagalandpost.net\/index.php\/2025\/03\/30\/domestic-startups-secure-more-than-150-million-this-week\/","title":{"rendered":"Domestic startups secure more than $150 million this week"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The domestic startup ecosystem secured more than $150 million this week, showcasing robust growth in the current financial year (FY25).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><br>During the final week in March, 23 Indian startups raised a total of $150 million, including five growth-stage and 17 early-stage deals. The number of funding deals that materialised during the week stood at 16.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><br>India\u2019s largest model portfolios platform smallcase raised $50 million in its Series D funding round with a mix of primary and secondary led by Elev8 Venture Partners, with participation from new and existing investors.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><br>About 17 early-stage startups raised a total of $54.09 million in funding and fintech startup Abound led with a $14 million round. Segment-wise, Fintech startups were at the top spot with 6 deals.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><br>Delhi-NCR based startups led with eight deals followed by Bengaluru, Mumbai, Hyderabad and Chennai. In the first quarter of 2025, domestic tech startups raised $2.5 billion, marking a 13.64%increase from the previous quarter and an 8.7%rise from the same period last year &#8212; making India the third most-funded country globally.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><br>Late-stage rounds witnessed a total funding of $1.8 billion in Q1 2025, an increase of 38.46%compared to $1.3 billion raised in Q4 2024, and an increase of 114.54%compared to $839 million raised in Q1 2024.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><br>According to Tracxn, a leading market intelligence platform, Delhi-based tech startups accounted for 40% of all funding seen by tech companies across India. This was followed by Bengaluru, accounting for 21.64 per cent.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><br>The government said this week that 217 incubators have been selected with a total approved funding of Rs 916.91 crore under the Startup India initiative (till January 31).<br>India is currently home to nearly 1.59 lakh startups, according to the recent Department for Promotion of Industry and Internal Trade (DPIIT) data.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The domestic startup ecosystem secured more than $150 million this week, showcasing robust growth in the current financial year (FY25).<\/p>\n","protected":false},"author":1,"featured_media":478210,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[667],"tags":[],"class_list":["post-478207","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"_links":{"self":[{"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/posts\/478207","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/comments?post=478207"}],"version-history":[{"count":0,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/posts\/478207\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/media\/478210"}],"wp:attachment":[{"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/media?parent=478207"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/categories?post=478207"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/tags?post=478207"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}