Series B Funded Startups in India
Among these 50 most recent Series B rounds in India, the largest disclosed amount is Raise Financial Services with $120M on 2025-10-11, which dwarfs the re…
Among these 50 most recent Series B rounds in India, the largest disclosed amount is Raise Financial Services with $120M on 2025-10-11, which dwarfs the rest: the next-largest disclosed rounds shown are $100M (Raphe mPhibr on 2025-06-25) and $78M (ToneTag on 2025-02-11), with many other disclosed rounds landing between about $4M and $40M. One clear outlier beyond size is Garuda Aerospace’s $1M (2025-06-11) alongside Unnati’s undisclosed amount (2025-03-03), creating the widest disclosed spread in the set.
Geographically, the Bangalore city-area cluster is notable: multiple companies are listed as Bangalore/Bengalooru (e.g., Wealthy $15M on 2025-11-25; FinBox $35M on 2025-09-17; SpotDraft $54M on 2025-02-12; ToneTag $78M on 2025-02-11; Pixxel $24M on 2024-12-09), alongside other major hubs like Mumbai (e.g., Neuron Energy $3M on 2025-11-25; HouseEazy $17M on 2025-10-17; SolarSquare Energy $40M on 2024-12-11). Temporally, the rounds span 2024-11-21 (CredFlow) to 2025-11-25 (Neuron Energy and Wealthy), with several concentrations in late 2025 (notably 2025-11-25 through 2025-10-17). Sector-wise, “Financial Services” appears repeatedly (Raise Financial Services $120M on 2025-10-11; Stable Money $20M on 2025-05-23; Scapia $40M on 2025-04-03; Snapmint $18M on 2024-12-12; CredFlow $4M on 2024-11-21).
Most recent rounds
50 shownRelated listings
Frequently asked
Which disclosed Series B round is the size outlier, and where does it sit relative to the rest of this list?
Raise Financial Services’ disclosed $120M round on 2025-10-11 is the clear size outlier, substantially above the next-largest disclosed rounds shown: Raphe mPhibr’s $100M (2025-06-25) and ToneTag’s $78M (2025-02-11). Most other disclosed amounts fall notably below those levels, frequently in the single-digit to $40M range (for example, The Policy Exchange at $2M on 2025-11-09 and Intangles at $30M on 2025-10-12).
Are there any repeated city hubs across these Series B closings?
Yes, Bangalore/Bengalooru shows up as a recurring base for multiple Series B rounds, including Wealthy ($15M, 2025-11-25), FinBox ($35M, 2025-09-17), SpotDraft ($54M, 2025-02-12), ToneTag ($78M, 2025-02-11), and Pixxel ($24M, 2024-12-09). Mumbai also appears frequently, with entries like Neuron Energy ($3M, 2025-11-25) and SolarSquare Energy ($40M, 2024-12-11).
Do these rounds cluster in a specific recent time window rather than being evenly spread?
They are not evenly spread: there is a dense late-2025 run with multiple rounds between 2025-11-25 and 2025-10-17, including Wealthy ($15M, 2025-11-25) and Neuron Energy ($3M, 2025-11-25), plus Star Air ($17M, 2025-11-10) and HouseEazy ($17M, 2025-10-17). Earlier in the window, there’s also a noticeable early-2025 cluster around February 2025, such as SpotDraft ($54M, 2025-02-12) and ToneTag ($78M, 2025-02-11).
Which sector shows up most consistently across the listed Series B rounds?
“Financial Services” repeats across the list, appearing in multiple entries spanning different dates and sizes: Raise Financial Services ($120M, 2025-10-11), Scapia ($40M, 2025-04-03), Stable Money ($20M, 2025-05-23), Snapmint ($18M, 2024-12-12), and CredFlow ($4M, 2024-11-21). This repetition stands out compared with single-appearance sectors like Biotechnology (Eyestem $10M, 2025-08-11).
Are there other notable low-end or non-disclosed amounts that affect interpretation?
Yes. Garuda Aerospace is the smallest disclosed amount at $1M (2025-06-11), while Unnati has an undisclosed amount on 2025-03-03. Together, these create both a low disclosed floor and at least one non-disclosed data point when comparing the range of disclosed Series B sizes across the 50 rows.
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