October 20, 2025: Diwali 2025: As homes across India light up with diyas and laughter, the startup ecosystem is celebrating its own kind of Diwali, one powered by innovation, investment, and a surge of sectoral energy.
Between Diwali 2024 and October 2025, Indian startups raised an estimated ₹75,000 crore in fresh capital. Despite global headwinds, the ecosystem added 11 new unicorns, with fintech, EV, and healthtech leading the charge. Early-stage deals saw an 8% year-on-year rise, signaling investor confidence in fresh ideas and sustainable startup models.
Diwali Startup Round up: Which Sector has the Most Sparkle
| Sector | Highlights |
|---|---|
| Fintech | Digital lending, embedded finance, and insurtech saw strong traction. |
| EV & Renewables | Green logistics, battery tech, and solar infra attracted major bets. |
| Healthtech | AI diagnostics, mental wellness apps, and telemedicine platforms grew fast. |
| E-commerce | Quick commerce and hyperlocal delivery models expanded aggressively. |
| Deep Tech | Space tech, biotech, and AI startups gained momentum in Tier-1 cities. |
IPOs & Exit Energy
This festive season is being dubbed the “Diwali of IPOs,” with over 20 startups prepping for public listings. The buzz around exits has brought renewed optimism to founders and employees alike, especially with ESOP buyback programs gaining popularity.
Founders in Focus
From small-town innovators to serial entrepreneurs, Diwali 2025 has seen a rise in founder-led storytelling. Community, driven platforms, regional incubators, and vernacular pitch decks are making startup culture more inclusive and vibrant.
