Top 10 Indian Startups to Watch in 2025

India’s startup ecosystem is booming like never before. From quick commerce to edtech and fintech, innovative startups are transforming industries and creating opportunities for investors, employees, and customers alike. Here’s a curated list of the Top 10 Indian Startups to Watch in 2025, along with their latest funding, valuations, and growth highlights.

Zepto
A leader in India’s quick commerce sector, Zepto delivers groceries in under 10 minutes. Recently, it raised $450 million, bringing its valuation to $7 billion. The company plans to go public soon.

• Sector: Quick Commerce (Grocery Delivery)
• Latest Funding (2025): $450 million in a pre-IPO round led by California Public Employees’ Retirement System (CalPERS), with participation from Lightspeed, Goodwater Capital, and others.
• Valuation: $7 billion
• Founded: 2021
• Highlights: Zepto delivers groceries in under 10 minutes and has expanded its product range to over 45,000 items, including electronics and apparel.

Lucidity
An AI-driven enterprise cloud storage platform, Lucidity is revolutionizing data management for businesses. It secured a significant funding round in 2025, positioning itself as a leader in enterprise tech.

• Sector: Enterprise Cloud Storage
• Latest Funding (2025): $21 million to optimize cloud storage solutions for enterprises.
• Valuation: Not disclosed
• Highlights: Lucidity is leveraging AI to enhance data management and storage efficiency for businesses

Swish
A Bengaluru-based startup offering 10-minute food delivery services, Swish is gaining traction in the competitive quick commerce market. It has been recognized among India’s top startups for 2025.

• Sector: Rapid Food Delivery
• Latest Funding (2025): $14 million in a Series A round led by Hara Global and Accel, with participation from Kunal Shah (CRED), Gaurav Munjal (Unacademy), and Sumer Juneja (SoftBank).
• Valuation: Not disclosed
• Highlights: Swish offers 10-minute food delivery services and is gaining traction in the competitive quick commerce market.

Finplan Edu
An edtech company focusing on financial literacy, Finplan Edu is empowering students and professionals with essential financial skills. It has been highlighted as a promising startup in 2025.

• Sector: Financial Education
• Latest Funding (2025): Not disclosed
• Valuation: Not disclosed
• Highlights: Finplan Edu offers ACCA courses and has trained over 9,500 students, providing globally recognized professional qualifications

PhysicsWallah
A leading edtech platform, PhysicsWallah is expanding its reach and preparing for a public listing. It continues to be a significant player in India’s online education sector.

• Sector: EdTech
• Latest Funding (2025): Filed for a $437 million IPO.
• Valuation: $2.8 billion
• Highlights: PhysicsWallah is expanding its offline and hybrid learning centers and has reported strong revenue growth ahead of its IPO

LEAP India
Specializing in logistics and supply chain solutions, LEAP India is enhancing efficiency in the movement of goods across the country. The company is gaining recognition for its innovative approach.

• Sector: Logistics and Supply Chain
• Latest Funding (2025): Raised $214 million from investors like Mayfield, Sixth Sense Ventures, and TVS Capital Funds.
• Valuation: ₹17,200 crore
• Highlights: LEAP India specializes in logistics and supply chain solutions, enhancing efficiency in the movement of goods across the country

PhonePe
A major player in India’s fintech landscape, PhonePe continues to expand its services and user base. The company is actively preparing for its public listing.

• Sector: FinTech
• Latest Funding (2023): Raised $350 million from General Atlantic at a pre-money valuation of $12 billion.
• Valuation: $12 billion
• Highlights: PhonePe continues to expand its services and user base, actively preparing for its public listing.

Purple Style Labs
An e-commerce platform specializing in luxury fashion, Purple Style Labs is attracting attention for its curated offerings and growth potential.

• Sector: Luxury Fashion E-commerce
• Latest Funding (2025): Raised $89.2 million.
• Valuation: Not disclosed
• Highlights: Purple Style Labs is attracting attention for its curated offerings and growth potential in the luxury fashion e-commerce space.

DealShare
A social commerce platform, DealShare is revolutionizing online shopping by integrating social elements, making it more engaging for users.

• Sector: Social Commerce
• Latest Funding (2025): Not disclosed
• Valuation: Not disclosed
• Highlights: DealShare is revolutionizing online shopping by integrating social elements, making it more engaging for users

UrbanPiper
A SaaS platform for restaurants, UrbanPiper streamlines operations and enhances customer experiences. The company is gaining momentum in the food tech industry.

• Sector: SaaS for Restaurants
• Latest Funding (2025): Not disclosed
• Valuation: Not disclosed
• Highlights: UrbanPiper streamlines operations and enhances customer experiences for restaurants through its SaaS platform.