Daily Indian Funding Roundup & Key News – 11th November 2025: Finnable Raises INR 250 Cr, Physics Wallah Secures INR 1,563 Cr, Ather Surpasses Ola & More
India’s startup ecosystem continued its dynamic streak on 11th November 2025, witnessing a mix of high-value fundraises and major market updates across sectors. Fintech, health-tech, and clean energy ventures led the funding momentum, while edtech and EV players made headlines with significant milestones. From Finnable’s INR 250 crore raise backed by Z47 and TVS Capital to Physics Wallah’s massive INR 1,563 crore anchor round ahead of its IPO, the day reflected strong investor confidence in India’s growth story. Meanwhile, Ather Energy’s revenue surge over Ola Electric marked a defining moment in the EV sector’s ongoing competition.
Daily Indian Funding Roundup - 11th November 2025
| Company | Amount | Round | Lead investor(s) | Sector |
|---|---|---|---|---|
| Finnable | INR 250 Cr | Equity funding | Z47 (formerly Matrix Partners), TVS Capital | Digital lending / Fintech |
| MindTalk | $7.3 Mn | Funding round | Cadabams Group | Digital mental health platform |
| Everstone Capital Fund V | $60 Mn | Institutional investment | International Finance Corporation (IFC) | Private equity / Growth fund |
| Praan Health | INR 8.5 Cr | Seed round | Rainmatter Investments | Health-tech / Chronic care |
| QuickShift | INR 22 Cr | Pre-Series A | Atomic Capital | Logistics / Fulfilment tech |
| GreenFi | $2 Mn | Funding round | Transition VC | Clean energy / GreenFintech |
Finnable raises INR 250 Cr led by Z47 and TVS Capital
Digital lending platform Finnable has raised INR 250 crore in a fresh equity funding round led by Z47 (formerly Matrix Partners) and TVS Capital Funds. The Bengaluru-based fintech provides personal loans to salaried professionals through a completely digital process. With this funding, Finnable plans to strengthen its technology infrastructure, expand into new cities, and enhance its credit assessment models using AI and analytics. The company also aims to diversify into new financial products like credit cards and insurance-linked solutions, positioning itself as a full-stack consumer finance platform driving accessible lending in India’s growing fintech landscape.
MindTalk raises $7.3 Mn from Cadabams Group
Mental health startup MindTalk, backed by the Cadabams Group, has secured $7.3 million to expand its digital therapy and mental wellness platform. MindTalk offers online counselling and psychological support services combining clinical expertise with AI-driven tools for improved engagement and accessibility. The company intends to scale its hybrid model by onboarding licensed therapists, developing personalized wellness programs, and offering corporate mental health solutions. The goal is to make mental healthcare more approachable, affordable, and stigma-free across India.
IFC invests $60 Mn in Everstone Capital’s Fund V
The International Finance Corporation (IFC) has invested $60 million in Everstone Capital’s Fund V, reinforcing its commitment to backing mid-market businesses in India and Southeast Asia. The fund will focus on growth-stage investments in consumer, healthcare, financial services, and manufacturing sectors. This strategic investment aims to enhance sustainability, governance, and social impact across portfolio companies. The partnership also reflects IFC’s long-term vision of supporting inclusive growth, job creation, and climate-conscious private equity initiatives in emerging markets.
Praan Health raises INR 85 Cr in seed round led by Rainmatter Investments
Health-tech startup Praan Health has raised INR 85 crore in a seed funding round led by Rainmatter Investments, the investment arm of Zerodha. Praan Health focuses on preventive and chronic healthcare solutions that integrate technology with accessible medical support. The fresh funding will go toward developing an AI-driven healthcare management platform for early diagnosis, remote monitoring, and data-led health insights. The company’s long-term goal is to bridge the healthcare accessibility gap in smaller Indian cities while improving patient outcomes and reducing healthcare costs.
QuickShift raises INR 22 Cr in pre-Series A round led by Atomic Capital
Logistics and fulfillment startup QuickShift has raised INR 22 crore in a pre-Series A round led by Atomic Capital. QuickShift provides AI-powered fulfillment and last-mile delivery solutions for D2C and e-commerce brands. The company plans to deploy the new capital toward expanding its warehouse network, enhancing automation, and developing predictive logistics technology for faster and more reliable deliveries. QuickShift’s expansion marks a significant step toward optimizing India’s B2B and B2C supply chain efficiency, particularly in Tier 1 and Tier 2 markets.
GreenFi raises $2 Mn led by Transition VC
Clean-tech startup GreenFi has raised $2 million in a funding round led by Transition VC to accelerate its mission of building a tech-enabled green finance ecosystem. GreenFi enables individuals and institutions to invest in sustainable energy projects and ESG-compliant portfolios. The funds will be utilized to improve its platform’s technology infrastructure, expand global operations, and partner with financial institutions to make climate-friendly investing mainstream. The company aims to democratize access to green investments while contributing to India’s net-zero transition.
Key Business News for 11th November 2025
Physics Wallah raises INR 1,563 Cr from anchor investors ahead of IPO
Edtech unicorn Physics Wallah has raised INR 1,563 crore from 57 anchor investors ahead of its upcoming IPO. The round saw strong participation from both domestic and global institutions, including major mutual funds and investment firms. The funds will be used to expand its hybrid education model, strengthen offline centers, and invest in new technology and product development.
Ather Energy overtakes Ola Electric in revenue race
Electric two-wheeler maker Ather Energy has surpassed Ola Electric in revenue for the first time, marking a major shift in India’s EV market. Ather reported a strong year-on-year growth in income along with reduced losses, while Ola saw a decline in revenue and market share. Ather’s focused retail expansion, improved operating efficiency, and strong product strategy have contributed to this performance.

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