ETtech Deals Digest: Startups raise $1.9 million in October, up 3x on-year

Indian startups secured $1.9 billion in funding during October, a threefold increase over the previous year. This surge was driven by 85 funding rounds, with notable investments in Zepto and Uniphore. The last week of October alone saw $446 millio...

By ETtech | Nov 01, 2025, 12.32 AM IST

Indian startups raised about $1.9 billion in funding between October 1 and 31. This marks a more than threefold increase compared with $644.6 million in the same period last year across 171 rounds.

Last month, startups across multiple stages secured funding through 85 rounds, according to data from market intelligence platform Tracxn.

In September 2025, startups raised around $1.1 billion from 102 rounds.

Last week — from October 25 to 31 — startups raised around $446 million.

Overall funding trend for Indian startups_25-31 Oct, 2025_ETTECH

Top deals of the month:

Zepto: Quick commerce platform Zepto closed a $450-million round in a mix of primary and secondary transactions. The primary funding valued the company at $7 billion, up from $5 billion ascribed to it last year.

Uniphore: Enterprise AI company Uniphore closed a $260 million funding round from a mix of investors, including US chip majors Nvidia, AMD, cloud data storage company Snowflake, and data analytics firm Databricks. The funding round valued the Palo Alto-based company at around $2.5 billion.

Top funding rounds during_25-31 Oct, 2025_ETTECH

General Intuition: Artificial intelligence startup General Intuition, which builds foundational models and general agents, raised $133.7 million in a seed round, which saw participation from Khosla Ventures, General Catalyst, and Raine.

Snapmint: Fintech startup Snapmint raised $125 million in funding from US-based private equity major General Atlantic. Elev8 Venture Partners and existing investors Prudent Investment Managers, Kae Capital also participated in the round.