Top Funding Wrap of the Week – 06 October to 10 October 2025

Indian startups raised capital to expand and become more successful. Here is this week’s Top Indian Startups Funding Roundup – 06 October to 10 October 2025.

The Top Indian Startups Funding Roundup of This Week

Dhan 

Stockbroking platform Dhan’s parent company, Raise Financial Services, has raised $120 million (about INR 1,065 Cr) in a Series B funding round led by Hornbill Capital.

Other investors including Mitsubishi UFG Financial Group, the Japanese banking giant, and existing backer BEENEXT, also participated in this round. The latest funding values the company at around $1.2 billion, officially making it a unicorn.

Intangles 

Artificial intelligence platform Intangles has raised $30 million in Series B funding round led by Avataar Venture Partners.

The round also saw participation from Baring India Private Equity and Cactus Partners. The funds will be used to scale technology, expand into new markets, enhance predictive AI models, and grow the team.

Qapita 

Qapita, an equity management platform has raised $26.5 million in a Series B round led by US-based brokerage giant Charles Schwab Corporation.

Existing investors Citi and MassMutual Ventures also participated in the round.

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The investment represents Schwab’s first strategic move into an Asian-origin fintech and will enable Qapita to scale its equity management platform in the US while rolling out its fund administration product globally.

Hunger Inc

Hunger Inc, the parent company of Bombay Sweet Shop and restaurant brands including Bombay Canteen, Veronica’s, O Pedro, and Papa’s, has raised ₹215 crore in a fresh funding round.

Through this round, Lighthouse and DSG Consumer Partners acquired a significant minority stake in Hunger Inc.Hunger Inc will use the funding to enhance its production and supply chain capabilities, supporting its expansion beyond Mumbai.

KGeN 

KGeN (Kratos Gamified Engagement Network) has raised $ 13.5 million in a strategic funding round led by Prosus Ventures, Jump Crypto and Accel. With this round, KGeN’s total funding has reached $43.5 million, according to Prosus Ventures. 

Ekkaa Electronics

Ekkaa Electronics, an electronics system design and manufacturing startup has raised ₹108 crore in Series A equity funding round from multiple investors.

The round saw participation from investors including Mukul Mahavir Aggarwal, the Varun Daga Family, MAIQ Growth Scheme, Caprize Aurix and other family offices.

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Rusk Media

Digital entertainment company Rusk Media has raised Rs 103 crore ($12 million) in its Series B funding round led by IvyCap Ventures. The round, which was a mix of primary and secondary capital, also included participation from LC Nueva, InfoEdge Ventures, Woori Venture Partners, and other investors.

GreyLabs AI

GreyLabs AI, a BFSI-focused AI startup has raised Rs 85 Crore (around $10 million) in its Series A funding round led by Elevation Capital.

Existing backer Z47 (formerly Matrix Partners India) and other undisclosed angel investors, also participated in this round. The startup said the funds will be used to strengthen its tech stack, grow its customer base, expand its presence, and improve on-ground client support.

Meolaa 

House of brands startup Meolaa has secured $6 million in pre-series A round led by General Catalyst.

The round also saw participation from Ranjan Pai’s family office Claypond Capital, Colossa Ventures, CRED founder Kunal Shah, and a host of undisclosed existing investors. 

Lucio 

Lucio, an AI-based legal tech startup, has raised $5 million in funding led by DeVC, along with high-net-worth investors Ashish Kacholia and Lashit Sanghvi. 

The funding will be used to broaden product offerings and improve personalization features for lawyers across different jurisdictions. It also aims to enhance its AI models, develop additional integrations with legal databases, and expand into new markets.