Top Funding Wrap of the Week – 11 August – 15 August 2025

Indian startups raised capital to expand and become more successful. Here is this week’s Top Indian Startups Funding Roundup – 11 August  –  15 August 2025.

The Top Indian Startups Funding Roundup of This Week

Truemeds 

Truemeds, an online pharmacy focused on generic drugs, has secured $85 million in a new funding round led by Accel and Peak XV Partners.

Darwinbox 

Darwinbox, an AI-driven human capital management (HCM) platform has raised $40 million from Teachers’ Venture Growth (TVG), the late-stage venture and growth investment arm of the Ontario Teachers’ Pension Plan.

Ultraviolette 

Electric bike startup Ultraviolette has raised $21 million in a strategic funding round led by TDK Ventures, the corporate venture capital arm of Japan’s TDK Corporation.

Arintra 

Arintra, a medical coding platform has raised $21 million in a Series A funding round led by Peak XV Partners. The round also saw participation from Endeavor Health Ventures, Y Combinator, Counterpart Ventures, Spider Capital, Ten13, and other strategic investors. 

Kimirica

Luxury beauty brand Kimirica has raised around $15 million in funding round from Carnelian Asset Management LLP, led by capital markets veteran Vikas Khemani. The funds will be used to expand Kimirica’s omnichannel retail presence and offer self-care experiences to more consumers, the company said in a press release.

Dashverse 

Dashverse, an AI entertainment startup has raised $13 Mn (around INR 108.3 Cr) in a Series A funding round led by Peak XV Partners. The round also saw participation from existing investors Z47 (formerly Matrix Partners India) and Stellaris Venture Partners.

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Shivalik Small Finance Bank

Shivalik Small Finance Bank (SSFB) has raised Rs 100 crore in equity capital led by SMBC Asia Rising Fund, a corporate venture capital fund cofounded by Japan's Sumitomo Mitsui Banking Corporation.

Pronto 

Pronto, a Home services startup has raised $11 million in a Series A funding round co-led by General Catalyst and Glade Brook Capital.The round also saw participation from existing investor Bain Capital Ventures. Ajay Agarwal (Bain Capital Ventures), Paul Hudson (Glade Brook) and Neeraj Arora (General Catalyst) are expected to join the company's board.

ELIVAAS 

ELIVAAS, a luxury vacation rental platform has raised Rs 87 crore (around $10.4 million) in its Series B funding round, led by Vertex Ventures Southeast Asia & India.Existing investors, Peak XV Partners’ accelerator programme for early-stage startups Surge, and venture firm 3one4 Capital, also participated in this round.

Eyestem Research 

Eyestem Research, a clinical-stage biotechnology company, has raised $10 million in a Series B funding round led by Raju Barwale and Alkem Laboratories managing director Sandeep Singh.

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