Overview
- YourStory Research counts $1.6 billion across 99 deals, marking 2025’s top month to date, while Entrackr pegs the tally at $1.73 billion.
- Large transactions supplied most of the dollar value, led by Zepto’s $450 million round, Uniphore reported at about $250–$260 million, Snapmint’s $125 million and Dhan’s $120 million.
- YourStory reports late-stage rounds contributed $751 million from just five deals, underscoring heavy value concentration at the top end.
- Inc42 notes a fully subscribed $600 million PhonePe secondary by General Atlantic during the final week of October.
- Sector data from Entrackr shows e-commerce as the top-funded category for the month, with fintech and AI close behind, as IPO activity gathered pace with Lenskart’s strong opening and fresh filings from Groww, boAt and Curefoods.