December 14, 2025: The VC Deals in second week of December 2025 witnessed a modest pullback in Indian startups ecosystem, with $131 million raised across 16 fund raising, down from $234 million in the previous week.
Despite the week-on-week decline, the numbers still reflect a steady appetite for early and growth-stage opportunities. Investors continued to diversify their bets across sectors such as fintech, healthtech, renewable energy, edtech, and D2C, signaling that while total funding may be lower, strategic allocations and sectoral experimentation remain robust.
This measured activity suggests that VC deals in India is not slowing in interest, but rather shifting focus toward high-potential startups with clear growth trajectories.
However, the dip in the VC Deals aligns with typical year-end patterns, as investors recalibrate portfolios and wait for 2026 prospects.
Early-Stage Startups Keep Investor Faith Despite Year-End Dip
Funding was nearly evenly split between early-stage and growth-stage startups:
- Early-stage: $43 million
- Growth-stage: $46 million
While early-stage funding rounds continue to dominate in deal count, their ticket sizes remain smaller, highlighting that investors are still keen on seeding ideas while keeping risks contained. This steady early-stage activity reflects long-term confidence in the ecosystem, even as aggregate funding fluctuates.
VC deals remained broadly diversified, with notable allocations in fintech, energy, edtech, and D2C sectors. The sector mix suggests a strategic approach, balancing high-growth digital segments with sustainability-oriented bets.
Sector Highlights:
- Fintech: Fibe ($35M), Skydo ($10M)
- Healthtech: Inito ($29M)
- Renewable Energy / Energy Tech: Soleos Solar ($12M), Smart Joules ($10M)
- Edtech: Uolo ($7M)
- D2C / Consumer / Hardware / Fashion: iSprout ($6.6M), Elecbits ($5.5M), KNOT ($5M)
Indian VC Deals Cool in December; Notable Bets on Fibe, Inito, Soleos
- Fibe (Fintech) – $35M from IFC
- Inito (Healthtech) – $29M from Bertelsmann India Investments & Fireside Ventures
- Soleos Solar (Renewable Energy) – $12M from GVFL, Tipsons Group & family offices
- Smart Joules (Energy Tech) – $10M from SBI Ventures, Waaree Renewable & Spectrum Impact
- Skydo (Fintech) – $10M from Susquehanna Asia VC & Elevation Capital
- Uolo (Edtech) – $7M from Five Sigma, Blume Ventures, Morphosis & Alicorn
- iSprout (Managed Offices) – Rs 60 crore (~$6.6M) from Tata Capital
- Elecbits (Hardware) – $5.5M from Nexus Venture Partners, SE Ventures Energy & Riverwalk Holdings
- KNOT (Fashion/D2C) – $5M from 12 Flags, Kae Capital & Boundless Ventures
Market Outlook
The cumulative VC funding for 2025 is projected to trail 2024’s total, reflecting a cautious year as global macro conditions and investor sentiment impacted inflows.
However, the persistent flow into early-stage startups and diversified sectors provides optimism for 2026, with the ecosystem poised for a potential rebound.
