VC Dekho
Disclosed funding report

December 2025

December 2025: 64 rounds, Healthcare led

Updated 20 October 2026

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VC Dekho editorial

December 2025: 64 rounds, Healthcare led

64Rounds publishedDecember 2025
28%Early-stage sharePre-seed + seed labels
HealthcareTop sector10 rounds
BengaluruTop city21 rounds

Summary

This report summarises 64 startup funding notices VC Dekho collected for December 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.

Healthcare was the busiest sector label (10 rounds, 16% of the month). Fireside Ventures 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 28% 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

Sector mix

Healthcare topped the month with 10 rounds. Two sectors deep is usually enough for a founder deck “competitive landscape” slide — use the links below rather than a generic Google search.

Geography

Bengaluru led city tags with 21 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

Fireside Ventures led matched fund mentions (4 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

MoEngage published $180.00 Mn (Series F). 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.

64Notices published

Public disclosures VC Dekho captured with a date in this month.

-18 (-22%)Vs prior month

Compared with 82 notices in November 2025. Moves reflect disclosure volume in our feed, not a full market census.

63 / 1 hidAmount disclosed

63 notices named a round size; 1 left amount undisclosed on the public notice.

$700.5MPublished size (est.)

Rough USD total from 63 notices with parseable amounts. Median deal about $3.0M. Use for direction, not accounting.

81%Named a stage

52 of 64 notices included a stage label (pre-seed, seed, Series A, etc.).

100%Named investors

64 notices listed at least one investor. Empty fields mean the source stayed silent — we do not infer.

Compare with November 2025 report (82 notices).

When notices landed (by week of month)

  • Days 1–712
  • Days 8–1420
  • Days 15–2125
  • Days 22–287

Month-on-month volume

December 2025 logged 64 dated notices in VC Dekho, down from 82 in November 2025 (-22% 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 November 2025 report and compare sector and investor leaderboards — that is usually more actionable than the headline count alone.

Healthcare led sector tags

Healthcare appeared on 10 notices (16% 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 November 2025, Healthcare led with 14 notices — watch whether leadership rotated or the same sector stayed hot.

Bengaluru led geography tags

Bengaluru was tagged on 21 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” (12 notices). 18 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.

CompanyAmountStageCitySectorInvestors
MoEngage17 Dec 2025$180.00 MnSeries FBengaluruAdvertising and MediaDragon Fund, B Capital, TR capital, Schroders Capital
Apraava Energy4 Dec 2025$92.00 MnNot listedNew DelhiPower and EnergyBritish International Investment (BII), Standard Chartered Bank (SCB)
Digantara17 Dec 2025$50.00 MnSeries BBengaluruAerospace360 One Asset Management Fund, SBI Investments Co. of Japan, Ronnie Screwvala, Peak XV Partners
Yoodli3 Dec 2025$40.00 MnSeries B[●]Artificial IntelligenceWestBridge Capital, Neotribe, Madrona
Fibe - EarlySalary10 Dec 2025$35.00 MnSeries FPuneFinancial ServicesInternational Finance Corporation (IFC)
Mixx Technologies1 Dec 2025$33.00 MnSeedNoidaArtificial IntelligenceTDK Ventures, SystemIQ Capital, AVITIC Innovation Fund
CoreEL23 Dec 2025$30.00 MnSeries BBengaluruDefenceValueQuest SCALE Fund, 360 One Asset Management Fund
Inito11 Dec 2025$29.00 MnSeries BBengaluruHealthcareBertelsmann India Investments, Fireside Ventures
Moxie Beauty16 Dec 2025$15.00 MnSeries ANew DelhiHealthcareBessemer Venture Partners, Fireside Ventures, Navin Parwal, Sangeet Agrawal
Finfactor.ai2 Dec 2025$15.00 MnSeries APuneFinancial ServicesWestBridge Capital, Varanium Capital, DMI Sparkle Fund, IIFL Fintech Fund
StockGro19 Dec 2025$13.00 MnSeries BBengaluruFinancial ServicesBitkraft Ventures
PowerUp Money22 Dec 2025$12.00 MnSeries ABengaluruFinancial ServicesAccel, Blume Ventures, Kae Capital
Soleos Solar Energy12 Dec 2025$12.00 MnNot listedAhmedabadSolarGVFL, Tipsons Group, Navin Dalmia
CollegeDekho27 Dec 2025$10.00 MnNot listedGurugramEducationCar Dekho
Tagbin18 Dec 2025$10.00 MnNot listedGurugramAdvertising and MediaSageOne Flagship Growth OE Fund, Ramesh Damani, Jyotivardhan Sonthalia, Sanjay Kaul

Sectors this period

Cities this period

Stages this period

  • Seed12
  • Series A10
  • Series B9
  • Pre Series A8
  • Pre-Seed6
  • Pre Series B2

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.

Browse all disclosed rounds →

If you are raising next

Founder takeaway

What to do with this

For December 2025, Healthcare led disclosed activity and Fireside Ventures 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, 64 startup rounds were published in December 2025; top sectors: Healthcare (10), Financial Services (9), Artificial Intelligence (AI) (8); most active investors: Fireside Ventures, Inflection Point Ventures (IPV), Kalaari Capital. Source: vcdekho.com/funding/reports/2025-12.

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