Zepto, Uniphore lead $1.73B funding haul for Indian startups (October)
October was a huge month for Indian startups, with $1.73 billion raised across 110 deals—the second-highest this year after January.
Zepto grabbed the spotlight with a massive $450 million round, while Uniphore followed with $260 million.
Snapmint and Dhan follow Uniphore's lead
Fintech players Snapmint and Dhan also pulled in big numbers, raising $125 million and $120 million respectively.
Most of the funding came from growth and late-stage rounds ($1.41 billion), but early-stage startups weren't left out—they landed $312 million across 77 deals.
E-commerce, fintech, and AI top sector rankings
E-commerce led all sectors, attracting $527 million, followed by fintech at $410 million and AI at $395 million—together making up almost half of October's total funding.
Bengaluru stayed on top as India's startup capital with over a billion dollars raised, while Mumbai and Delhi-NCR trailed behind.
Seed rounds stay strong
Seed and Series A rounds were active (46 seed, 14 Series A), but it was Series B that drew the most cash at $458 million.
On top of that, companies like Lenskart, Groww, boAt, Curefoods, and Milky Mist are gearing up for IPOs—showing just how much confidence investors have in India's startup scene right now.