India’s funding landscape remained active in the final week of December 2025, with significant capital raised across private credit, defence technology, fintech, and impact-focused lending. From large fund closes to venture and debt rounds, investors continued to back scalable financial and industrial platforms.
Key Funding Developments
Anicut Capital raised ₹1,275 crore for its third private credit fund, GAF-IV, strengthening its position in structured credit and alternative lending for mid-market businesses.
Defence and aerospace firm CoreEL Technologies secured $30 million in Series B funding, underscoring rising investor confidence in India’s defence manufacturing and electronics ecosystem.
Bioproducts company PlasmaGen raised ₹150 crore in a funding round led by ViNS Bioproducts, aimed at scaling manufacturing and expanding its healthcare portfolio.
Motilal Oswal Alternates invested $72 million in a Hyderabad-based platform (deal details undisclosed), highlighting continued institutional interest in private equity and alternative assets.
Fintech platform PowerUp Money raised $12 million in a funding round led by Peak XV, enabling the company to scale its mutual fund and digital wealth offerings.
NBFC Dugar Finance secured $18 million in debt funding, led by Swiss impact investor Symbiotics, to expand its lending operations with a focus on sustainable and inclusive finance.
Funding Snapshot
The week’s funding activity reflects sustained momentum across private credit, fintech, defence technology, and impact-led finance. Large fundraises alongside targeted growth and debt rounds indicate that capital deployment remains selective but steady as the ecosystem heads into 2026.
