Indian startups witnessed significant funding activity in the final week of December 2025, with large capital raises, valuation-linked fundraises, and pre-IPO funding approvals spanning fintech, electric mobility, food delivery, wealth management, and consumer technology.
Major Late-Stage and Large-Cap Fundraises
Quick commerce major Zepto received board approval to raise ₹11,000 crore ahead of its confidential IPO filing, marking one of the largest funding-related moves in India’s startup ecosystem this year.
Electric mobility leader Ola Electric secured ₹366.78 crore under the government’s Production Linked Incentive (PLI) scheme for FY25, strengthening its EV manufacturing and localisation roadmap.
Digital wealth platform Wint Wealth is set to raise a Series B round at a valuation of ₹700 crore, reflecting strong investor appetite for alternative investment and fixed-income fintech platforms.
Growth-Stage and Mid-Market Deals
Fintech lender MintOak is preparing to raise fresh capital at a valuation of ₹2,500 crore, signalling continued confidence in embedded payments and merchant solutions.
Food delivery brand Wow! Momo is in talks to raise ₹75 crore from Singularity AMC to support expansion and brand-led growth.
EV-focused fintech startup Turno is set to raise $5.5 million in a pre-Series B round, aimed at scaling financing solutions for electric two- and three-wheelers.
Pet care startup Heads Up For Tails plans to raise $25 million in a Series B round led by the Apparel Group, underscoring rising investor interest in premium pet care and D2C brands.
Early-Stage and Sectoral Funding
Aerospace and defence technology firm CoreEL Technologies raised $30 million in a Series B round, highlighting growing venture and strategic capital flows into India’s defence-tech ecosystem.
Fintech startup PowerUp Money secured $12 million in a Series A round led by Peak XV, aimed at scaling digital wealth and personal finance offerings.
