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Maharashtra's Retail Sector Sees $463M Funding Surge in H1 2025

Maharashtra's retail sector booms with $463M in H1 2025. Early-stage funding soars, but late-stage declines. Tech and logistics lead the way.

In the foreground of the picture there are road, railing, plant, wall, text and footpath. In the...
In the foreground of the picture there are road, railing, plant, wall, text and footpath. In the center of the picture there are trees, buildings, iron frames, banner, streetlight and cable. In the background there are machinery and sky.

Maharashtra's Retail Sector Sees $463M Funding Surge in H1 2025

Maharashtra's retail sector has witnessed a significant boost in funding, with $463 million invested in the first half of 2025, marking a 109% increase from H2 2024 and a 29% rise from H1 2024. This surge in funding comes amidst a broader trend of increased investment in the state, with a total of $1.4 billion raised in the first half of the year.

Early-stage funding in Maharashtra also saw a substantial increase, rising by 65% from H2 2024 and 76% from H1 2024 to reach $698 million in H1 2025. Mumbai-based tech firms were the driving force behind this growth, accounting for 64% of the total funding raised in the state. However, late-stage funding experienced a decline, dropping by 28% from H2 2024 and 29% from H1 2024 to $524 million in H1 2025.

The first half of 2025 has seen a robust increase in funding for the retail sector and early-stage ventures in Maharashtra. While late-stage funding experienced a dip, the overall investment climate remains positive, with significant growth in transportation and logistics tech. As the state continues to attract investments, the emergence of more unicorns and successful IPOs could further bolster Maharashtra's position as a key investment destination.

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