ETtech Deals Digest: Startups raise $936 million in March so far

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Indian startups raised about $935.7 million in funding in March so far, marking a 56% decline from March 2025, when they raised a total of $2.1 billion across 237 rounds.

This month, startups across multiple stages secured funding through 94 rounds, according to data from market intelligence platform Tracxn. This was 26.1% lower than in the previous month.
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In February 2026, startups raised around $1.27 billion across 128 rounds.

Last week, between March 14 and 20, startups raised around $343 million, a 69% decline compared to the $1 billion secured during the same period last year.

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Top deals of the month

Weaver: In the largest deal of the month, housing finance platform Weaver Services raised about $156 million from Premji Invest, the family office of IT czar Azim Premji, and venture capital (VC) fund Lightspeed Venture Partners. This funding will facilitate Weaver's acquisition of a controlling stake in Centrum Housing Finance Limited (CHFL).