Founder stake sale and fresh capital highlight startup deal activity

Startup deal activity remained active as Ola Electric founder Bhavish Aggarwal reduced his shareholding by approximately 2.2% over three days. Separately, manufacturing-focused startup Zetwerk raised $120 million to support capacity expansion and growth initiatives. The developments reflected continued capital movement and ownership changes within India’s startup and industrial technology ecosystem.

Startup funding activity in India rose sharply during the December 15–19 period, with companies raising $347 million across 27 deals. The weekly total marked a significant increase compared to the previous week. Enterprise software and space-tech firms led fundraising activity, while deal volumes reflected renewed investor participation ahead of year-end.