Funding to fintech companies marginally dips to $889 million in H1CY25

Fintechs in India raised $889.2 mn in H1CY25, down 5.3% YoY and 25.9% from H2CY24, as deal count dropped significantly and late-stage rounds led capital inflow

Funding to fintech companies in India declined to $889.2 million in the first half of calendar year 2025 (H1CY25), a marginal 5.3 per cent drop from the $936.4 million the sector raised in H1CY24.

 

The amount of funds raised by these companies shrank 25.9 per cent from $1.2 billion recorded in H2CY24, data from market intelligence platform Tracxn shows.

 

The number of funding rounds decreased sharply from 195 in H1CY24 to 109 in H1CY25. The sector saw 131 funding rounds in H2CY24.

 

Among the top fundraisers were Cred, which secured $75 million in a Series G round; InsuranceDekho, with $70 million in its Series C round; and Cashfree Payments, which raised $53 million, also in a Series C round.

 

In H1CY25, seed-stage deals amounted to $91.2 million, while early-stage funding totalled $361 million. The bulk of the capital was directed towards late-stage deals, which saw investments worth $437 million.

 

There were 59 seed rounds, 32 early-stage rounds, and 18 late-stage rounds in H1CY25, the data shows.