Indian Startups Raise $130.2 Million Across 32 Deals From October 26 to 30, 2026
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Khushi Jain
- October 31, 2026
Indian startups raised $130.2 million across 32 funding deals between October 26 and October 30, 2026, according to a weekly funding report. The amount was 29.2% lower than the $184 million reported in the previous week.
Despite the decline in funding value, deal activity increased by approximately 88%, with 32 startups securing investments compared with 17 in the preceding week.
Ecommerce and artificial intelligence (AI) attracted the largest share of investments, while healthcare, fintech, enterprise services and advanced technology startups also reported funding activity.
Weekly Funding: Category Wise
Indian startups · 26–30 Oct 2026
Funding by category
Totals use disclosed amounts only; LogiXair, CHOSEN and Glance did not disclose. Proposed or in-talks rounds are not included.
Major Startup Funding Deals
Several startups secured investments across Series A, Series B and early-stage rounds during the week.
- Cent – $15 million (Series A)
- Simplismart – $14 million (Series B)
- Live2.ai – $13.7 million (Pre-Series B)
- Troovy – $10.5 million (Series B)
- Matiks – $10 million (Pre-Series A)
- Ace Blend – $9.9 million (Series A2)
- BioStack – $9.5 million (Seed)
- Rotoris – $8.5 million (Series A)
- Mochatrade – $5.5 million (Seed)
- CapGrid – $5.2 million (Pre-Series B)
Cent recorded the largest individual funding amount in the compiled list, followed by Simplismart and Live2.ai.
Early-Stage Startup Funding
Early-stage startups also attracted investments across AI, fintech, gaming, robotics and consumer businesses.
- Tradl – $4.1 million (Seed)
- QwikBuild – $2.3 million (Pre-Seed)
- Nova Spectral AI – $2.2 million (Seed)
- Manicule – $1.3 million (Seed)
- dubdub – $1.3 million (Seed)
- Bucketlistt – $799,000 (Seed)
- Maasi – $630,000 (Pre-Seed)
- CopperPilot – $390,000 (Pre-Seed)
- Tensrai – $357,000 (Pre-Seed)
- Paraayan – $273,000 (Seed)
- Qiroko – $157,000 (Pre-Seed)
Other reported investments included Venttup ($3 million), Zorit ($2.8 million), Manastu Space ($2.3 million), Coratia Technologies ($1.9 million), ReplyAll ($997,000), ISLAND Beauty ($271,000) and Viridian Ingni Propulsion ($154,000).
Meanwhile, LogiXair, CHOSEN and Glance reported funding transactions without disclosing their investment amounts.
Startup IPO Updates of the Week
- Atomberg: SEBI approved the appliance maker’s proposed IPO, comprising a fresh issue of shares worth up to Rs 450 crore and an offer for sale (OFS) of up to 7.65 crore shares.
- Imarticus Learning: The edtech startup plans to file its draft red herring prospectus (DRHP) through the confidential pre-filing route within the next two to three months. It is targeting a Rs 1,000 crore IPO, compared with its earlier proposed issue size of Rs 750 crore.
Startup Fund Updates
- Longshot Capital: Unacademy cofounders Gaurav Munjal and Roman Saini are raising a Rs 700 crore venture capital fund to invest in AI and deeptech startups.
Startup Mergers and Acquisitions
- Freshworks: The Nasdaq-listed software company acquired Israel-based AI startup Robusta Dev for an undisclosed amount. The acquisition is intended to strengthen its Freshservice platform and AI capabilities.
- Protectt.ai: The cybersecurity startup plans to acquire a controlling stake in AIShield, an AI security platform incubated at Bosch Global Software Technologies. The proposed transaction involves primary and secondary components, while Bosch will retain a minority stake.
Other Startup Developments
- Sarvam AI: The Bengaluru-based AI startup is reportedly in discussions to raise around $300 million from Cognizant at a potential valuation of $3.5 billion to $4 billion.
- Parsec Aerospace: The aerospace startup is in talks to raise approximately $10 million in a round led by Nexus Venture Partners, with possible participation from existing investors.
- axiTrust: The fintech startup is reportedly discussing a $5 million Series A round, potentially led by Singapore-based Argor.vc.
- Holiday Tribe: The traveltech startup is in discussions to raise around Rs 50 crore from investors, including RPSG Capital Ventures. The proposed round has not been finalised.
- Smylo: The D2C cat food startup is in advanced discussions to raise around Rs 30 crore through a combination of equity and debt.
- Navi: The Competition Commission of India (CCI) approved Prosus’ proposed $100 million investment in the fintech company for a minority stake.
- VerSe Innovation: Two Baillie Gifford-managed funds marked down the value of their holdings in the parent company of DailyHunt and Josh by as much as 80% over different periods.
Weekly Indian Startup Funding Summary
Indian startups recorded 32 funding deals worth a reported $130.2 million during October 26–30, 2026. Although the total investment amount declined from the previous week, the number of reported deals increased.
Ecommerce led sector-wise funding with $33.4 million, followed by AI with $30.4 million. Blume Ventures and Antler were the most active investors, backing three startups each.
The week also saw IPO developments, acquisition announcements and discussions around new venture capital funds. Proposed fundraising transactions have been reported separately and are not included as completed funding deals.
Frequently Asked Questions (FAQs)
1.How much funding did Indian startups raise during October 26–30, 2026?
Indian startups raised a reported $130.2 million across 32 funding deals.
2.Which sector received the highest startup funding?
Ecommerce led with $33.4 million across nine deals, followed by AI with $30.4 million.
3.How did startup funding compare with the previous week?
Funding declined by 29.2% from $184 million, while the number of deals increased from 17 to 32.
4.Which investors were most active during the week?
Blume Ventures and Antler were the most active investors, participating in three deals each.
5.Which startups announced IPO-related developments?
Atomberg received SEBI approval for its proposed IPO, while Imarticus Learning reported plans for a Rs 1,000 crore public offering.
