Series D Funded Startups in India
Among the 50 most recent Series D rounds shown, one disclosed amount stands apart: CRED’s $215M round on 2021-04-06.
Among the 50 most recent Series D rounds shown, one disclosed amount stands apart: CRED’s $215M round on 2021-04-06. The next-largest disclosed rounds cluster below it (e.g., Acko $255M is actually higher than $215M; correcting: the largest disclosed is Acko $255M on 2021-10-27, while CRED’s $215M on 2021-04-06 is the next-largest), with several others in the $180M–$125M band such as Rapido $180M (2022-04-15) and Zetwerk $120M (2021-02-02). The list also concentrates temporally: 2022 accounts for the majority of entries, with many rounds landing between 2022-03 and 2022-05 (e.g., smallcase $50M on 2025-03-28 is later, while 2022 examples include Paper Boat $50M on 2022-08-25 and Zepto $200M on 2022-05-02).
Geographically and sector-wise, patterns are clearer than the overall dispersion: Bangalore/Karnataka appears repeatedly across financial services and other categories (e.g., Tonbo Imaging $20M in Bangalore on 2025-04-04; smallcase $50M in Bangalore on 2025-03-28; and Money View $76M in Bangalore on 2022-03-09), while financial services is the most frequent sector theme. Outliers exist on both ends: Style Union’s 2025-10-17 Series D is undisclosed, while the smallest disclosed amount is Bira 91’s $3M on 2022-10-10. Overall dates span 2021-02-02 (Zetwerk) through 2025-10-17 (Style Union), and only 1 of 50 rows is undisclosed.
Most recent rounds
50 shownRelated listings
Frequently asked
What’s the largest disclosed Series D round in this India list, and how does it compare with the rest of the disclosed amounts?
The largest disclosed amount is Acko’s $255M round on 2021-10-27. The next-largest disclosed figure is CRED’s $215M on 2021-04-06, and several other disclosed rounds (e.g., Rapido $180M on 2022-04-15 and Zepto $200M on 2022-05-02) sit below that top pair.
Do these rounds cluster into a specific time window, or are they evenly spread across the date range?
They’re not evenly spread: many entries concentrate in 2022, particularly between early-to-mid 2022, with multiple large rounds in that period such as Zepto $200M (2022-05-02), Rapido $180M (2022-04-15), CoinDCX $135M (2022-04-19), and Servify $65M (2022-08-23). The displayed range runs from 2021-02-02 through 2025-10-17, but 2021 and 2025 appear as thinner “edge” years by comparison.
Which sectors show up repeatedly, and which are mostly singletons in this sample?
Financial Services is the dominant theme across the 50 rows (e.g., Mintifi $110M on 2023-03-08, EarlySalary $97M on 2022-08-22, Groww $83M on 2021-04-07, and CRED $215M on 2021-04-06). By contrast, several non-financial categories appear only a few times, such as Agriculture and Farming (e.g., Cropin $14M on 2022-12-09 and DeHaat $115M on 2021-10-26) and Commerce and Shopping (e.g., iD Fresh Food $68M on 2022-01-04 and Zetwerk $120M on 2021-02-02).
Are any locations over-represented, especially in the financial services cluster?
Bangalore/Karnataka shows repeated presence alongside financial services: smallcase $50M (Bangalore) on 2025-03-28, Money View $76M (Bangalore) on 2022-03-09, Innoviti $25M (Bangalore) on 2022-07-08, and Groww $83M (Bengaluru) on 2021-04-07. The pattern suggests Bangalore is a recurring center rather than a one-off entry.
Are there notable outliers that could skew analysis of funding size distributions?
Yes: Acko’s $255M on 2021-10-27 is substantially larger than most other disclosed rounds, with CRED $215M on 2021-04-06 as the next step down. At the low end, Bira 91’s $3M on 2022-10-10 is the smallest disclosed amount, while Style Union’s 2025-10-17 round is undisclosed (1 undisclosed row total), so it won’t anchor a disclosed-size distribution.
What do the ‘recent’ entries look like across the most recent 90 days in this table?
Within the latest portion of the list, the most recent dated rounds include Style Union (2025-10-17, undisclosed) and Tonbo Imaging (2025-04-04, $20M), plus HealthifyMe (2024-10-25, $20M) and MakeO (2024-01-09, $16M). The dates indicate that the very latest activity skews toward isolated entries rather than a dense, same-month run in the 2025 tail of the dataset.
Know which startups just got funded. Every week.
Fresh funding rounds, new companies, and the sectors moving fastest — in your inbox every Monday morning.
Free. Sent every Monday. Unsubscribe anytime.