Indian FinTechs raised USD 144.75 Mn, ET BFSI
Indian FinTech raised a complete of USD 144.75 million throughout fourteen offers in February, marking a rise from USD 100.38 million throughout twelve offers in January, based on information from 1Lattice.
The biggest funding spherical of the month got here from Cashfree Payments, a Bengaluru-based digital funds administration agency, which secured USD 53 million in its Collection C spherical led by Krafton and Apis Companions. Shut behind was Zeta, a cost and banking options supplier, which raised USD 50 million in its Collection D spherical led by Optum.
Oxyzo, a web based lender targeted on micro-loans for businesses, raised USD 12 million in recent capital. Training financing supplier Auxilo secured USD 5.7 million in a spherical led by Motilal Oswal.
Indian FinTechs began CY2025 at a modest tone elevating a complete of USD 100.38 million, throughout twelve offers. The capital increase is a distinction to the FinTech Funding in December 2024 that revived to USD 425.4 million, and January 2024’s information at USD 438 million.
A Mumbai-based shopper lending fintech raised USD 5 million from Symbiotics. Different FinTechs that secured funding in February included Swish Membership with USD 4.5 million, Eduvanz with USD 2.9 million, Mysa with USD 2.8 million, and VidyutTech with USD 2.5 million.Seven out of the fourteen offers had been seed funding rounds, with investments flowing into Swish Membership, Mysa, HiWi, ArthaAlpha, Dodo Funds, QuickLend, and Hornet.
Regardless of the February enhance, the sector continues to see a downward pattern in comparison with earlier years. In February 2024, Indian FinTechs raised USD 250 million throughout 13 offers, almost double the quantity secured in February 2025. The best funding months in 2024 had been March and June, adopted by steep declines in July and November.
General, Indian FinTech startups raised USD 1.8 billion in 2024, reflecting a 33 per cent drop from USD 2.8 billion in 2023. This decline extends a multi-year pattern, following the sector’s peak funding of USD 8.3 billion in 2021. With seven seed-stage offers and a mixture of Collection A-D and debt financing rounds, February showcased a various funding panorama, albeit at a decrease scale than earlier years.
