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After a prolonged funding slowdown, 2025 emerged as the year of liquidity for Indian startups, marked by a revival in public listings, improved deal quality and a decisive shift toward disciplined growth. If 2023 was defined by a "funding winter" and 2024 by cautious optimism, 2025 will be remembered for a historic rise in exits, particularly through the public markets. While overall funding volumes declined, the average median deal size nearly doubled to about USD 1.4 million in 2025, from roughly USD 700,000 in 2024, signalling greater investor selectivity and maturity. India's technology startups raised USD 10.5 billion in 2025, down 17 per cent from USD 12.7 billion in 2024 and 4 per cent from USD 11 billion in 2023, according to Tracxn. The number of USD 100 million-plus funding rounds fell to 14, compared with 19 in 2024, though large deals included Erisha E Mobility (USD 1 billion), Zepto (USD 450 million) and GreenLine (USD 275 million). Despite lower funding, liquidity eve
Hyderabad Angel Fund (haf.vc) on Thursday announced a Rs 100 crore venture capital initiative to back high-potential startups across the country in areas such as generative AI, gaming, spacetech, and drones. The fund plans to invest in 15-20 startups across emerging and high-growth sectors. On its radar are areas such as generative AI, gaming, SpaceTech, drones, HealthTech, consumer tech, FinTech, enterprise SaaS, and sustainability. "As India's early-stage investment landscape begins to rebound after a cautious 2024, Hyderabad Angel Fund (haf.vc) has announced a Rs 100 crore venture capital initiative to back high-potential startups across the country," the release said. The investments would typically range from Rs 2-4 crore per company, with reserves for follow-on rounds to support scaling ventures. "Haf.vc has already identified 3 potential startups with termsheet and completed investment in one," the Sebi-registered Venture Capital Fund said. Kalyan Sivalenka, Managing Direc