Indian startups raise $177 million in funding from Feb 17 to Feb 22, 2025; Lightstorm ranked first
od and E-commerce, among others. Lightstorm, a company operating in the solar power sector, led the way by securing the highest funding in this round.
The funding round saw 7 deals in the SaaS sector, 6 in the AI sector, 2 in food and beverages, and 1 each in the jewellery, E-commerce, and Solar sectors. Lightstorm, a Bengaluru-based startup, raised a significant amount of funding in its Series D round.
Based in Delhi, CoachLane, a professional networking platform, secured the second-highest funding in this round. Lightstorm and CoachLane attracted a significant amount of investment from venture capitalists and angel investors.
Dukanwalaa, an E-commerce platform for rural India, also secured a notable amount of funding in this funding round. The rising interest in E-commerce platforms catering to rural markets is evident from the funding received by Dukanwalaa.
Other startups that were part of this funding round include Meiji, an AI-based healthcare startup, and Mirra, a digital jewellery platform. The funding received by these startups highlights the growing investor interest in sectors like healthcare and jewellery. The funding rounds for these startups will enable them to expand their operations, enhance their technology, and reach a wider customer base.
The funding landscape for startups in India remains vibrant and diverse, with investors showing interest in a wide range of sectors. The funding received by startups like Lightstorm, CoachLane, and Dukanwalaa underscores the growth potential of these companies and the opportunities present in their respective sectors.
As startups continue to innovate and disrupt traditional industries, the funding environment in India is likely to remain robust. Investors are keen on backing innovative ideas and scalable business models that have the potential to transform industries and create value for customers.
The Indian startup ecosystem continues to evolve rapidly, with new players entering the market and established startups scaling up their operations. The funding rounds for startups like Lightstorm and CoachLane signal a positive outlook for the Indian startup ecosystem and bode well for the future of entrepreneurship in the country.