From IDfy To Olyv: Indian Startups Raise $200 Mn In A Week As B2B Leads The Charge
Funding jumps 53% week-on-week, with ecommerce and healthtech active—but B2B startups corner 60% of the capital.
India’s startup funding momentum held firm in the second week of February. Between February 9 and 13, startups raised $200.2 million across 31 deals, marking a 53% jump from $130.6 million raised across 20 deals last week.
The capital flow signals renewed investor appetite—especially for B2B ventures.
Top Deals Of The Week
Enterprise tech startup IDfy led the funding chart with a $52.5 million Series F round backed by Neo Asset Management and others.
Other major raises included:
- Supertails: $30 Mn (Series C)
- Olyv: $23 Mn (Series B)
- Pandorum Technologies: $18 Mn (Series B)
- Showroom B2B: $16.5 Mn (Series A)
Together, these deals anchored the week’s funding spike.
B2B Dominates The Capital Pool
Investor preference tilted strongly toward business-focused startups.
- B2B startups secured 60% of total funding, amounting to $120.9 Mn.
- B2C ventures accounted for the remaining 40%.
Enterprise tech, lending tech and ecommerce infrastructure drew meaningful interest.
This shift reflects investor caution—steady revenue models are back in favour.
Sector Snapshot: Ecommerce Leads
Ecommerce emerged as the most funded segment.
- Nine ecommerce startups raised $65.7 Mn.
- Healthtech followed with six deals totalling $25 Mn.
AI, cleantech and spacetech also saw early-stage action.
At the seed stage, activity surged:
- 11 seed-stage startups raised $23.9 Mn,
- Up over 200% from $7.8 Mn last week.
Early bets are clearly heating up.
Investors In Focus
Fireside Ventures was the most active investor, backing three startups.
Ace investor Ashish Kacholia and 3one4 Capital backed two startups each.
The participation mix shows both institutional funds and marquee individuals deploying capital.
M&A And IPO Buzz
Beyond funding rounds, dealmaking stayed active.
- USV agreed to acquire 79% of Wellbeing Nutrition for â‚ą1,583 Cr.
- HUL bought the remaining 49% stake in OZiva’s parent for ₹824 Cr.
- makeO signed a deal to acquire Singapore-based Zenyum.
On the IPO front:
- Fractal’s IPO closed with a 2.66X oversubscription.
- Aye Finance saw 97% subscription.
- GoBoult plans to file its DRHP by November, targeting a 2027 listing.
Public markets remain selective—but open.
India’s startup ecosystem, the world’s third largest, appears to be stabilising after a muted phase. With funding rebounding and B2B models leading allocation, the week signals measured optimism.
The real test? Whether this momentum sustains beyond headline rounds.
TL;DR:
Indian startups raised $200.2 Mn across 31 deals this week, up 53% from last week. B2B startups captured 60% of funding, led by IDfy’s $52.5 Mn round. Ecommerce topped sector funding, while seed-stage investments jumped 200% week-on-week.
AI summary:
- $200.2 Mn raised across 31 deals
- 53% WoW funding growth
- B2B startups bagged 60% of capital
- Ecommerce led with $65.7 Mn
- Seed funding jumped over 200%
