July 29, 2025: India’s vibrant startup landscape continues to make headlines this week as new funds flows into sectors like AI, quick commerce, biotech, and clean tech. Innovative companies are attracting substantial capital, signaling investor confidence and sustained interest from both domestic and international funds, even amid macroeconomic volatility.
Sharpsell.ai, an AI-driven sales enablement startup, clinched ₹30 crore in fresh investment to further expand its automation-driven growth. Quick commerce major Zepto also boosted its capital reserves with a ₹7.5 crore injection, enabling faster expansion of their rapid delivery operations.
Zepto, Drizz, Sharpsell.ai Secure New Funds Infusion in India
Highlighting the growing interest in deep-tech, Drizz, a mobile app testing platform, closed a $2.7 million seed round to accelerate Vision AI-powered quality assurance for mobile applications. In the biotech space, Vadodara-based Genexis Biotech secured ₹4 crore to advance its healthcare innovations.
New Funds flows in the electric mobility sector saw Ather Energy forge a strategic partnership with the Department for Promotion of Industry and Internal Trade (DPIIT), aiming to catalyze manufacturing and innovation in the EV space. This collaboration will fuel mentorship, joint programs, and wider opportunities for hardware-focused startups.
Over the past week, total startup funding topped $194 million nationwide, with a strong showing of diverse funding rounds and active participation from angel networks, family offices, and prominent VCs.
The positive environment is further highlighted by ongoing IPO activity: Lenskart received shareholder nod for its planned ₹2,150 crore public offer, while Amagi Media Labs seeks to raise ₹1,020 crore through its own IPO filing.
Here are the most recent funding and investment developments from the Indian startup ecosystem reported today:
- Sharpsell.ai raises Rs 30 crore: The AI-led sales enablement and automation startup secured Rs 30 crore in a new funding round, marking a significant investment from Equentis Angel Fund among others.
- Zepto receives fresh capital: Quick-commerce platform Zepto has raised Rs 7.5 crore (approx. $0.9 million) from Elcid Investments Ltd., as per recent regulatory filings2.
- Drizz closes $2.7M seed round: The mobile app testing platform Drizz raised $2.7 million in seed funding, with Stellaris Venture Partners leading the round. The funding is aimed at advancing their Vision AI-powered testing solutions.
- Genexis Biotech secures Rs 4 crore: Vadodara-based Genexis Biotech completed a seed funding round, bagging Rs 4 crore from investors.
- Ather Energy and DPIIT sign strategic pact: While not direct funding, Ather Energy and India’s Department for Promotion of Industry and Internal Trade (DPIIT) entered an MoU to jointly promote innovation and manufacturing for startups in the clean mobility and EV sector, facilitating mentorship, joint programs, and new opportunities for hardware and deep-tech startups.
- Broader funding trends: Indian startups collectively raised over $194 million during the previous week (July 21–26, 2025), with GupShup leading in the amount raised among featured companies.
- Ongoing IPO developments: Lenskart received shareholder approval for its Rs 2,150 crore IPO, and Amagi Media Labs filed for an IPO to raise Rs 1,020 crore—both events continuing to signal strong investor appetite for leading Indian tech startups.
India’s startup ecosystem remains resilient and dynamic, underlining the country’s emergence as a favored hub for tech-driven innovation and investment in 2025.
