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Entrepreneur
3 days ago
- Business
- Entrepreneur
India's Fintech Funding Dips 26% in H1 2025, Retains Third Spot Globally: Tracxn
India's fintech sector attracted USD 889 million in funding during the first half of 2025, reflecting a 26 per cent drop from the USD 1.2 billion raised in the second half of 2024, according to market intelligence platform Tracxn. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. India's fintech sector attracted USD 889 million in funding during the first half of 2025, reflecting a 26 per cent drop from the USD 1.2 billion raised in the second half of 2024, according to market intelligence platform Tracxn. Compared to the same period last year, when the sector raised USD 936 million, funding has also declined. Despite the dip, India continues to hold the third position globally in fintech funding, behind the United States and the United Kingdom. Neha Singh, Co-Founder, Tracxn, said, "While the Indian fintech sector has seen a temporary dip in funding, the steady momentum in early-stage investments and growing acquisition activity indicate that investor interest remains strong, particularly in scalable, innovation-led models. Bengaluru's dominance and the continued emergence of breakout companies reinforce India's position as a global fintech powerhouse." The breakdown of funding stages in H1 2025 reveals a complex picture. Seed-stage startups raised USD 91.2 million, down 27 per cent from USD 126 million in H2 2024 and a 33 per cent fall from USD 137 million in H1 2024. In contrast, early-stage funding rose to USD 361 million, marking a 10 per cent increase from USD 329 million in H2 2024 and 9 per cent higher than the USD 333 million raised in H1 2024. Late-stage funding, however, declined to USD 437 million, a 41 per cent plunge from USD 745 million in H2 2024 and a 6 per cent decrease compared to USD 467 million in H1 2024. No fintech firms debuted on the public markets during this period, continuing the lull in IPO activity. However, one new unicorn emerged, matching the tally in H2 2024 and showing progress from H1 2024, which had none. The first half of 2025 also saw 16 fintech acquisitions, up 45 per cent from 11 deals in H1 2024, though slightly lower than the 17 recorded in H2 2024. Top investors in H1 2025 included Peak XV, AngelList, and LetsVenture. In the early-stage segment—where funding momentum was strong—leading investors were Peak XV, Accel, and Bessemer Venture Partners. Blume Ventures, Venture Catalysts, and 100Unicorns dominated seed-stage activity, while late-stage rounds were backed by SoftBank Vision Fund, Lathe Investment, and Sofina. Among VC firms, US-based Accel stood out with 34 investments, while India's Blume Ventures added seven new companies to its portfolio during the period. Geographically, Bengaluru remained the fintech investment hub, drawing 55 per cent of total funding, followed by Mumbai with 14 per cent.
New Indian Express
6 days ago
- Business
- New Indian Express
Fintech sector sees 5% y-o-y drop in funding to $889 million in H1 2025
Neha Singh, Co-Founder, Tracxn, said, 'Bengaluru's dominance and the continued emergence of breakout companies reinforce India's position as a global fintech powerhouse.' Bengaluru continued to lead the country's fintech funding landscape, as it accounted for 55% of total funding, followed by Mumbai at 14%. Interestingly, in H2 2024, Mumbai grabbed 29% of total funding compared to Bengaluru at 16%. The highest-valued deal in January-June 2025 was Groww's acquisition of Fisdom for $150 million, followed by Stocko, acquired by InCred Money for $35 million. IPO activity remained muted in the first half of this year as no fintech companies went public, one new unicorn emerged in the Indian fintech space during the period, consistent with H2 2024, but an improvement over H1 2024, which saw none. Juspay, a payment infrastructure company, became a unicorn in April 2025. The overall top investors in H1 2025 were Peak XV, AngelList and LetsVenture. In the early stage, which saw a surge in funding, the leading investors were Peak XV, Accel and Bessemer Venture Partners. Blume Ventures, Venture Catalysts and 100Unicorns led investments at the seed stage, while SoftBank Vision Fund, Lathe Investment and Sofina were the top investors in the late-stage round, Tracxn data showed. Among venture capital firms, US-based Accel led the highest number of investments with 34 rounds, and India-based Blume Ventures added 7 new companies to its portfolio during the period.
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Business Standard
6 days ago
- Business
- Business Standard
India's fintech funding dips to $889 mn in H1 2025: Tracxn report
Indian fintech sector raised $ 889 million in the first six months of 2025, a drop of 26 per cent from $ 1.2 billion of H2 2024 and a five per cent slide from $ 936 million seen a year ago, according to a report by market intelligence platform Tracxn. As per the report, India ranked third globally, trailing only the United States and the United Kingdom. "While the Indian fintech sector has seen a temporary dip in funding, the steady momentum in early-stage investments and growing acquisition activity indicate that investor interest remains strong, particularly in scalable, innovation-led models," Neha Singh, Co-Founder of Tracxn, said. Bengaluru's dominance and the continued emergence of breakout companies reinforce India's position as a global fintech powerhouse, Singh added. Funding trends across stages in H1 2025 revealed a nuanced landscape for India's fintech sector as early-stage funding fared better than seed-stage and late-stage infusions. Seed-stage startups raised $ 91.2 million, a fall of 27 per cent from H2 2024 ($ 126 million) and 33 per cent from H1 2024 ($ 137 million). In striking contrast, early-stage funding saw a resurgence with $ 361 million raised. This marked a 10 per cent increase over $ 329 million in H2 2024 and a 9 per cent rise from $ 333 million in H1 2024, underlining renewed confidence in startups with initial traction. The late-stage funding, however, dropped to $ 437 million, a 41 per cent decline from H2 2024 ($ 745 million) and 6 per cent from H1 2024 ($ 467 million). The first half (H1) of 2025 witnessed 16 acquisitions, higher than 11 acquisitions in H1 2024, but a tad lower than 17 acquisitions in H2 2024. The highest-valued deal was Fisdom, acquired by Groww for $ 150 million, followed by Stocko, acquired by InCred Money for $ 35 million. "While IPO activity remained muted with no fintech companies going public, one new unicorn emerged in the Indian FinTech space during the period, consistent with H2 2024, but an improvement over H1 2024, which saw none," Tracxn said. Bengaluru, which cornered 55 per cent of total funding, continued to lead India's FinTech funding landscape, followed by Mumbai at 14 per cent. Overall, the top investors in H1 2025 were Peak XV, Angel List and LetsVenture. In the early stage, which saw a surge in funding, the leading investors were Peak XV, Accel and Bessemer Venture Partners. Blume Ventures, Venture Catalysts and 100Unicorns led investments at the seed stage, while SoftBank Vision Fund, Lathe Investment and Sofina were the top investors in the late-stage round. "Among venture capital firms, US-based Accel led the highest number of investments with 34 rounds, while India-based Blume Ventures added 7 new companies to its portfolio during the period," the Tracxn report said. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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Business Standard
6 days ago
- Business
- Business Standard
India's fintech sector ranks 3rd globally in H1 2025 funding round: Tracxn
India's financial technology sector has ranked third in startup funding in the first half of 2025, even as overall capital inflows moderated. According to Tracxn's Geo Semi-Annual India FinTech Report H1 2025, Indian FinTech startups raised $889 million between January and June, behind only the United States and the United Kingdom. At $889 million, the funding figure marks a 26 per cent decline from the $1.2 billion secured in the second half of 2024 and a 5 per cent dip compared to the same period last year. However, early-stage funding climbed 10 per cent from H2 2024 to reach $361 million and a 9 per cent increase compared to H1 last year. In contrast, seed-stage investments slumped to $91.2 million, down 27 per cent from the previous half-year period. 'While the Indian FinTech sector has seen a temporary dip in funding, the steady momentum in early-stage investments and growing acquisition activity indicate that investor interest remains strong, particularly in scalable, innovation-led models,' said Tracxn Co-founder Neha Singh. M&A activity grows, fintech adds one new unicorn India's fintech sector also witnessed more mergers and acquisitions (M&A) activity in the first half of the calendar year. The report recorded 16 M&A deals in H1 2025, up 45 per cent from the same period a year ago. Key transactions included Groww's $150 million acquisition of Fisdom and InCred Money's $35 million deal to buy Stocko. Despite the activity, no Fintech IPOs were recorded in H1 2025; however, one new unicorn did emerge during this period. One unicorn had emerged in H2 2024, while none had emerged in H1 2024. Bengaluru leads funding, Accel secures most deals Bengaluru remained the hub of FinTech innovation, drawing 55 per cent of the country's total funding, followed by Mumbai with 14 per cent. Peak XV, Angel List, and LetsVenture were among the most active investors overall. In early-stage rounds, Accel, Bessemer Venture Partners, and Peak XV led activity, while Blume Ventures, Venture Catalysts, and 100Unicorns dominated seed-stage funding. SoftBank Vision Fund, Lathe Investment, and Sofina topped the late-stage investment charts. US-based Accel led with 34 deals, while Blume Ventures expanded its domestic footprint with investments in seven new startups. RBI urges responsible fintech innovation In March, the Reserve Bank of India (RBI) called on fintech firms and digital payment companies to pursue 'responsible innovation' while conforming to regulatory standards. RBI Governor Sanjay Malhotra's meeting with leaders from the fintech and non-bank payments sector signalled a notable shift in tone, following a period of crackdowns on non-compliant firms under the former governor's tenure. In a sign of regulatory easing, the RBI also reversed some of its previous measures, such as lifting additional risk-weight requirements for bank loans to top-rated non-banking financial companies.
Time of India
26-06-2025
- Health
- Time of India
Free treatment at one govt hospital in every Haryana district from Aug 15: Haryana chief minister Nayab Singh Saini
Kurukshetra: Haryana chief minister Nayab Singh Saini has announced a major healthcare initiative under which free treatment for all diseases will be provided at one govt hospital in each district headquarters starting Aug 15. Addressing villagers in Kishanpura and Girdarpur, the CM said these hospitals will be equipped with modern facilities and will also offer services under the Ayushman Bharat scheme. He also visited and interacted with residents of Ban, Behlolpur, and Jalkheri villages. To ensure efficient referrals, committees will be constituted at each of these hospitals to decide whether patients need to be sent to higher institutions like PGI Chandigarh or other tertiary care centres. Saini made these announcements during direct interactions with villagers at the community centre in Kishanpura and the Gurdwara hall in Girdarpur. Listening to citizens' concerns, the CM issued instructions to relevant departments for immediate action. On this occasion, he also participated in a tree plantation drive with local residents and announced a grant of Rs 21 lakh each for developmental works in both villages. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Esta pulseira repelente de mosquitos bate todos os recordes de vendas em Portugal ZSONIC Compre já Undo Responding to demands submitted by the sarpanch of Kishanpura and Girdarpur, Saini assured that all requests would be fulfilled through relevant departments. He emphasised his deep connection with the Ladwa constituency, saying, "It is because of the people of Ladwa that I am the chief minister. Today, Ladwa holds a special place in Haryana's development vision." The CM shared that over Rs 110 crore worth of development projects are currently under way in Ladwa and praised the cooperation of district officials in resolving public issues promptly. Touching on the agricultural sector, Saini noted that the govt is procuring all crops at minimum support price (MSP) and bridging price gaps through the Bhavantar Bharpai Yojana. Additionally, efforts are under way to provide housing to the economically weaker sections, reflecting the BJP govt's commitment to working in "mission mode" across the state. Saini invited people to freely submit their grievances in writing to DC Neha Singh, other local officials, or the CM's office. "In case of an emergency, people are welcome to come and meet me in Chandigarh," he added. He also took the opportunity to reflect on history, observing that June 25 marked 50 years since the imposition of Emergency in India, calling it one of the darkest periods post-Independence. "Nearly one lakh forced sterilisations took place, and citizens lived in fear. Many were forced to flee their homes and hide in sugarcane fields. It is vital that the youth understand this history to prevent its repetition," he said. Key officials present at the event included CM office in-charge Kailash Saini, Kurukshetra deputy commissioner Neha Singh, superintendent of police Nitish Aggarwal, various local sarpanches, and community leaders. MSID:: 122073231 413 |
