Sector mix
Information Technology topped the month with 6 rounds. Two sectors deep is usually enough for a founder deck “competitive landscape” slide — use the links below rather than a generic Google search.
September 2025
September 2025: 54 rounds, Information Technology led
VC Dekho editorial
September 2025: 54 rounds, Information Technology led
54Rounds publishedSeptember 2025
31%Early-stage sharePre-seed + seed labels
Information TechnologyTop sector6 rounds
BengaluruTop city17 rounds
Summary
This report summarises 54 startup funding notices VC Dekho collected for September 2025. We are not guessing market size — every number here comes from a public disclosure with a date, and usually a company name, amount, or investor list.
Information Technology was the busiest sector label (6 rounds, 11% of the month). Accel appeared on more notices than any other matched fund. That pattern is what founders should copy into a research sprint: read the deals, then open the funds.
About 31% of notices carried a pre-seed or seed stage label — useful if you are raising a first institutional cheque and want proof points from the same month.
What VC Dekho observed
Geography
Bengaluru led city tags with 17 notices. Metro concentration is normal in India; if you are outside the top city, anchor your story to sector and stage instead of pretending geography is evenly spread.
Investor activity
Accel led matched fund mentions (3 rounds). Treat that as a research queue, not an endorsement — open the profile, check stage and sector fit, then decide who to email.
Largest disclosed round
ILJIN Electronics published $1200.00 Mn. Even if you are raising a smaller cheque, read the notice for investor names you can trace into the directory.
By the numbers
Each figure includes what it measures and what it does not — so you can cite the report without over-claiming.
54Notices published
Public disclosures VC Dekho captured with a date in this month.
+19 (+54%)Vs prior month
Compared with 35 notices in August 2025. Moves reflect disclosure volume in our feed, not a full market census.
53 / 1 hidAmount disclosed
53 notices named a round size; 1 left amount undisclosed on the public notice.
$2.1BPublished size (est.)
Rough USD total from 53 notices with parseable amounts. Median deal about $2.5M. Use for direction, not accounting.
76%Named a stage
41 of 54 notices included a stage label (pre-seed, seed, Series A, etc.).
93%Named investors
50 notices listed at least one investor. Empty fields mean the source stayed silent — we do not infer.
Compare with August 2025 report (35 notices).
When notices landed (by week of month)
Month-on-month volume
September 2025 logged 54 dated notices in VC Dekho, up from 35 in August 2025 (+54% change).
Treat that as disclosure rhythm in public sources, not proof that fewer companies raised. Late filings, quiet PR, and undisclosed amounts all show up as “missing” months before they appear in the feed.
For side-by-side context, open the August 2025 report and compare sector and investor leaderboards — that is usually more actionable than the headline count alone.
Information Technology led sector tags
Information Technology appeared on 6 notices (11% of the month). Founders in that wedge can use these comps in outreach; founders outside it should explain why their market is different, not ignore the pattern.
In August 2025, Information Technology led with 8 notices — watch whether leadership rotated or the same sector stayed hot.
Bengaluru led geography tags
Bengaluru was tagged on 17 notices. Metro concentration is normal in Indian disclosures; tier-2 raises exist but show up less often in public text.
If you are not in Bengaluru, anchor your fundraise story on sector and stage fit, and pull investor names from rounds in your actual city via the funding feed filters.
Stage mix
The most common stage label was “Seed” (14 notices). 17 notices looked early-stage (pre-seed or seed).
Stage fields are only as good as the press release — use them to filter comps, not to judge whether a company is “really” Series A.
Full deal list (largest published amounts first)
Every row links to the round page. Matched funds link to directory profiles.
| Company | Amount | Stage | City | Sector | Investors |
|---|---|---|---|---|---|
| ILJIN Electronics8 Sep 2025 | $1200.00 Mn | Not listed | Mumbai | Electric Equipments | ChrysCapital, InCred Growth Partners Fund-I |
| L Catterton5 Sep 2025 | $200.00 Mn | Not listed | Mumbai | Financial Services | Not listed |
| Eruditus12 Sep 2025 | $150.00 Mn | Not listed | Chennai | Education | Mars Growth Capital, HSBC |
| JBM Ecolife13 Sep 2025 | $100.00 Mn | Not listed | New Delhi | Automobile | Not listed |
| Accion Ventures8 Sep 2025 | $61.60 Mn | Not listed | Mumbai | Financial Services | Not listed |
| Kapiva29 Sep 2025 | $60.00 Mn | Series D | Bengaluru | Healthcare | Vertex Ventures, 3one4 Capital |
| Flipspaces9 Sep 2025 | $50.00 Mn | Series C | Mumbai | Information Technology | SMBC, Panthera Growth Partners |
| CityMall2 Sep 2025 | $47.00 Mn | Series D | Bengaluru | Retail | Accel, Waterbridge Ventures, Citius, General Catalyst |
| GreenCell Mobility13 Sep 2025 | $37.00 Mn | Not listed | Mumbai | Automobile | International Finance Corporation (IFC) |
| Seekho3 Sep 2025 | $28.00 Mn | Series B | Bengaluru | Education | Goodwater Capital, Lightspeed, Elevation Capital |
| Blue Tokai2 Sep 2025 | $25.00 Mn | Bridge | Gurugram | HoReCa | A91 Partners, Anicut Capital, Verlinvest |
| TERN Group10 Sep 2025 | $24.00 Mn | Series A | Chennai | Human Resources and Manpower | Notion Capital, RTP Global, LocalGlobe, EQ2 Ventures |
| Colive4 Sep 2025 | $20.00 Mn | Series B | Bengaluru | Hospitality | Bain Capital, Sattva Ventures |
| Offgrid Energy Labs2 Sep 2025 | $15.00 Mn | Series A | New Delhi | Power and Energy | Archean Chemical Industries |
| Vedantu26 Sep 2025 | $11.00 Mn | Series F | Bengaluru | Education | Accel, Omidyar Network India |
Sectors this period
Cities this period
Stages this period
Funds writing the most cheques
Ranked by disclosed round mentions — click through for thesis, cheque size, and partners.
Startups to study
Open a company for investors named on the notice, then jump to fund profiles.
$1200.00 Mn.ILJIN ElectronicsStageNot listedInvestorsChrysCapital, InCred Growth Partners Fund-IElectric Equipments
$200.00 Mn.L CattertonStageNot listedInvestorsNot listedFinancial Services
$150.00 Mn.EruditusStageNot listedInvestorsMars Growth Capital, HSBCEducation
$100.00 Mn.JBM EcolifeStageNot listedInvestorsNot listedAutomobile
$61.60 Mn.Accion VenturesStageNot listedInvestorsNot listedFinancial Services
$60.00 Mn.
KapivaStageSeries DInvestorsVertex Ventures, 3one4 CapitalHealthcareIf you are raising next
01Compare your stage to this monthFilter the live feed to your sector and stage, then save funds that keep appearing.Open funding feed →02Build a fund shortlistUse fund fit to line up cheque size with funds from this report’s leaderboard.Try fund fit →03Get alerts on new roundsCreate a free account to track investors and unlock contacts when you are ready.Sign up free →
Founder takeaway
What to do with this
For September 2025, Information Technology led disclosed activity and Accel was the most repeated fund name. Founders raising now should mirror that research path: open comparable deals, trace investors into the directory, then outreach only after stage and cheque fit look real.
Cite this report
According to VC Dekho’s disclosed funding tracker, 54 startup rounds were published in September 2025; top sectors: Information Technology (6), Financial Services (6), Healthcare (5); most active investors: Accel, Elevation Capital, Inflection Point Ventures (IPV). Source: vcdekho.com/funding/reports/2025-09.