FundedIQ

Private Equity Funded Startups in India

Across these 26 recently listed private equity rounds in India, the largest disclosed amount is Incor Infrastructure’s $1.6B round (2022-04-06).

Across these 26 recently listed private equity rounds in India, the largest disclosed amount is Incor Infrastructure’s $1.6B round (2022-04-06). Everything else with disclosed amounts clusters below that scale, with the next-largest disclosed round at IL JIN Electronics India’s $136M (2025-09-09), making the $1.6B outlier stand out by more than an order of magnitude. The page also shows a temporal concentration: 16 of the 26 rounds fall in the 2025 window from 2025-09-01 through 2025-11-30, while the remaining disclosed entries shown extend back to 2021-12-06 (RateGain) and 2022-02 through 2022-10.

Sector coverage is broad, but healthcare appears as a recurring theme across multiple rounds (Healing Hands Clinic at $30M on 2025-10-18; Apex Hospitals at $30M on 2025-10-01; Oasis Fertility at $50M on 2022-08-25), and multiple cities recur in the same geography band, including Mumbai (Isprava $96M on 2025-11-12; GIST undisclosed on 2022-05-17; Hiranandani Financial Services $90M on 2025-09-29; Apex Hospitals elsewhere in 2025). Disclosures also include 3 “undisclosed” amounts (Lighthouse Learning on 2025-11-25; Tesla Power Equipments And Projects on 2025-09-26; GIST on 2022-05-17), which sit within the most recent part of the timeline.

Most recent rounds

26 shown
S
Square Yards
Gurgaon, India · Real Estate, Finance, Analytics, Artificial Intelligence, Architecture, Property Management
Private Equity · Nov 2025
$35M
A
Ace International
New Delhi, India · Food and Beverage, Manufacturing
Private Equity · Nov 2025
$34M
L
Lighthouse Learning
Mumbai, India · Education
Private Equity · Nov 2025
Undisclosed
A
Aequs
Bengaluru, India · Aerospace, Consumer Goods, Manufacturing
Private Equity · Nov 2025
$16M
I
Isprava
Mumbai, India · Professional Services
Private Equity · Nov 2025
$96M
M
Mantra Softech
Ahmedabad, India · Manufacturing, Security, Artificial Intelligence (AI)
Private Equity · Nov 2025
$14M
S
Spacewood
Nagpur, India · Manufacturing, Consumer Goods
Private Equity · Nov 2025
$34M
R
RMSI
Noida, India · Information Technology, Telecommunications, Utilities, Environment, Agriculture
Private Equity · Oct 2025
$56M
H
Healing Hands Clinic
Pune, India · Healthcare
Private Equity · Oct 2025
$30M
C
CIMCON Software
Ahmedabad, India · Manufacturing, Information Technology, Industrial Automation
Private Equity · Oct 2025
$5.9M
M
Membrane Group
Gurgaon, India · Manufacturing, Environment, Utilities
Private Equity · Oct 2025
$50M
A
Apex Hospitals
Jaipur, India · Healthcare
Private Equity · Oct 2025
$30M
H
Hiranandani Financial Services
Mumbai, India · Finance, Real Estate
Private Equity · Sep 2025
$90M
T
Tesla Power Equipments And Projects
Bhopal, India · Energy, Manufacturing
Private Equity · Sep 2025
Undisclosed
K
KPN FARM FRESH
Chennai, India · Retail
Private Equity · Sep 2025
$72M
I
IL JIN Electronics India
Noida, India · Electronics, Manufacturing
Private Equity · Sep 2025
$136M
M
Muthoot Microfin
Mumbai, India · Financial Services
Private Equity · Oct 2022
$10M
H
Hero Future Energies
New Delhi, India · Energy
Private Equity · Sep 2022
$450M
E
ePack Durables Solutions
Dehra Dun, India · Consumer Electronics
Private Equity · Sep 2022
$40M
O
Oasis Fertility
Hyderabad, India · Health Care
Private Equity · Aug 2022
$50M
W
WOW Skin Science
Bengaluru, India · Commerce and Shopping
Private Equity · May 2022
$75M
G
GIST
Mumbai, India · Media and Entertainment
Private Equity · May 2022
Undisclosed
S
Senco Gold
Calcutta, India · Consumer Goods
Private Equity · Apr 2022
$9.9M
I
Incor Infrastructure
Hyderabad, India · Real Estate
Private Equity · Apr 2022
$1.6B
X
Xoxoday
Bangalore City, India · Administrative Services
Private Equity · Feb 2022
$30M
R
RateGain
Noida, India · Information Technology
Private Equity · Dec 2021
$80M

Related listings

Frequently asked

What’s the largest disclosed private equity round in this India list, and how does it compare to the rest?

Incor Infrastructure’s $1.6B (2022-04-06) is the only disclosed round above $500M. The next-largest disclosed amount is IL JIN Electronics India’s $136M (2025-09-09), with several other disclosed rounds ranging from the $50M–$96M band (e.g., Isprava $96M on 2025-11-12; RMSI $56M on 2025-10-31).

Are the most recent rounds clustered into a narrow date window?

Yes. Of the 26 rows shown, 16 rounds fall between 2025-09-01 and 2025-11-30 (including IL JIN Electronics India on 2025-09-09 at $136M and Square Yards on 2025-11-30 at $35M). Outside that window, the timeline stretches back to 2021-12-06 (RateGain at $80M) and multiple 2022 entries.

Which cities appear repeatedly across these private equity rounds?

Mumbai shows up multiple times: Isprava ($96M, 2025-11-12), GIST (undisclosed, 2022-05-17), Hiranandani Financial Services ($90M, 2025-09-29), and Healing Hands Clinic is in Pune rather than Mumbai (2025-10-18). No single other city repeats as consistently as Mumbai in the rows shown.

Does any sector dominate, or are there clear sector clusters?

Healthcare clusters across at least three entries: Healing Hands Clinic ($30M, 2025-10-18), Apex Hospitals ($30M, 2025-10-01), and Oasis Fertility ($50M, 2022-08-25). Other sectors are more mixed (e.g., multiple IT/industrial and manufacturing labels), but the healthcare recurrence is the clearest multi-entry grouping.

Are there notable outliers or missing disclosure patterns in the disclosed amounts?

Two disclosure patterns stand out: three rows are “undisclosed” amounts (Lighthouse Learning on 2025-11-25; Tesla Power Equipments And Projects on 2025-09-26; GIST on 2022-05-17), and one extreme disclosed outlier appears in Incor Infrastructure’s $1.6B (2022-04-06). Among disclosed amounts, a long mid-range band emerges (e.g., multiple $30M–$72M rounds such as Healing Hands Clinic $30M and KPN FARM FRESH $72M on 2025-09-17).

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