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7h agoIndian startups raise $371 million across 30 deals, led by Snapmint and Snabbit

Indian venture capital activity picked up as startups raised a combined $371 million across 30 deals during the week of Oct 27–31, marking a 19 % increase over the prior week. Highlights include Snapmint’s $125 million Series B, Snabbit’s $30 million Series C, and a hefty $600 million secondary deal in PhonePe, signalling strong investor conviction ahead of its IPO. Fintech and logistics themes dominated the funding mix, while smaller later-stage raises indicated continuing deal flow despite macro uncertainty. Sector references suggest Indian innovation remains resilient, though exit pathways will be worth monitoring.
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7h agoIndian startups raise $371 million across 30 deals, led by Snapmint and Snabbit

Indian venture capital activity picked up as startups raised a combined $371 million across 30 deals during the week of Oct 27–31, marking a 19 % increase over the prior week. Highlights include Snapmint’s $125 million Series B, Snabbit’s $30 million Series C, and a hefty $600 million secondary deal in PhonePe, signalling strong investor conviction ahead of its IPO. Fintech and logistics themes dominated the funding mix, while smaller later-stage raises indicated continuing deal flow despite macro uncertainty. Sector references suggest Indian innovation remains resilient, though exit pathways will be worth monitoring.
Explore:Mutual Fund Tools
positive
Indian startups raise $371 million across 30 deals, led by Snapmint and Snabbit
about 8 hours ago
1 min read
93 words

Indian startups raised $371 million in 30 deals last week, with Snapmint, Snabbit and PhonePe leading amid strong fintech and logistics investor interest.
Indian venture capital activity picked up as startups raised a combined $371 million across 30 deals during the week of Oct 27–31, marking a 19 % increase over the prior week. Highlights include Snapmint’s $125 million Series B, Snabbit’s $30 million Series C, and a hefty $600 million secondary deal in PhonePe, signalling strong investor conviction ahead of its IPO. Fintech and logistics themes dominated the funding mix, while smaller later-stage raises indicated continuing deal flow despite macro uncertainty. Sector references suggest Indian innovation remains resilient, though exit pathways will be worth monitoring.

Indian venture capital activity picked up as startups raised a combined $371 million across 30 deals during the week of Oct 27–31, marking a 19 % increase over the prior week. Highlights include Snapmint’s $125 million Series B, Snabbit’s $30 million Series C, and a hefty $600 million secondary deal in PhonePe, signalling strong investor conviction ahead of its IPO. Fintech and logistics themes dominated the funding mix, while smaller later-stage raises indicated continuing deal flow despite macro uncertainty. Sector references suggest Indian innovation remains resilient, though exit pathways will be worth monitoring.
Companies:
Snapmint
Snabbit
PhonePe
Tags:
startups
India
startups
India
venture capital
funding
fintech
logistics
Nov 3, 2025 • 04:37 IST




















































































































