Indian startup funding activity remained muted in the last week of October. Homegrown new-age tech ventures managed to raise $130.2 Mn between October 26 and October 30, down 29.2% from $184 Mn in the previous week. 

However, deal activity remained strong. Thirty two startups bagged funding this week, up 88% from from 17 a week earlier.

Funding Galore: Indian Startup Funding Of The Week [Oct 26–30]

Date Name Sector Subsector Business Model Funding Round Size Funding Round Type Investors Lead Investor 27 Oct 2026 Cent Healthtech Diagnostics B2C $15 Mn Series A Blume Ventures, South Park Commons, Arun Sarin (Vodafone), Srinivas Narayanan (OpenAi) Blume Ventures, South Park Commons 27 Oct 2026 Simplismart AI AI Infrastructure & Development B2B $14 Mn Series B Dallas Venture Capital, NVIDIA, Accel, Shastra VC, Micromax Dallas Venture Capital 27 Oct 2026 Live2.ai AI Application Layer B2B $13.7 Mn Pre-Series B IvyCap Ventures IvyCap Ventures 27 Oct 2026 Troovy Ecommerce D2C B2C $10.5 Mn Series B Fireside Ventures, Sharrp Ventures Fireside Ventures 26 Oct 2026 Matiks Media & Entertainment Gaming B2C $10 Mn Pre-Series A General Catalyst, Ronnie Screwvala (upGrad), Info Edge Ventures, Tanglin Venture Partners, Untitled Ventures General Catalyst 29 Oct 2026 Ace Blend Ecommerce D2C B2C $9.9 Mn Series A2 3one4 Capital, Fireside Ventures 3one4 Capital 27 Oct 2026 BioStack Health Tech Lifescience B2B $9.5 Mn Seed Peak XV Partners, Afore Capital, DCVC, Emerson Collective, SV Angel, Verdict Capital, Streamlined Ventures, Y Combinator Peak XV Partners, Afore Capital, DCVC, Emerson Collective, SV Angel, Verdict Capital, Streamlined Ventures, Y Combinator 27 Oct 2026 Rotoris Ecommerce D2C B2C $8.5 Mn Series A Blume Ventures, 100Unicorns, Centricity, Diwakar Goel’s family office, Atul Singh’s family office, Adhiraj Burman’s family offic, Rannvijay Singha (Actor) Blume Ventures 27 Oct 2026 Mochatrade Fintech Investment Tech B2C $5.5 Mn Seed CoinFund, Coinbase Ventures, Zero Knowledge Ventures CoinFund 29 Oct 2026 CapGrid Enterprise Services Manufacturing Solutions B2B $5.2 Mn** Pre-Series B Hero Enterprise Venture Partners, Axilor Ventures, Anicut Capital, Nexus Venture Partners Hero Enterprise Venture Partners 26 Oct 2026 Tradl Fintech Investment Tech B2C $4.1 Mn Seed Nexus Venture Partners, Stellaris Venture Partners 30 Oct 2026 Let’s Game Now Media & Entertainment Gaming B2B2C $3.2 Mn – Anand Mahindra (Mahindra Group), Bestvantage Investments Anand Mahindra (Mahindra group), Bestvantage Investments 29 Oct 2026 Venttup Enterprise Services Manufacturing Solutions B2B $3 Mn Pre-Series A Rainmatter, Unicorn India Ventures Rainmatter, Unicorn India Ventures 29 Oct 2026 Zorit Ecommerce Horizontal Marketplace B2B $2.8 Mn – Sparrow Capital Sparrow Capital, Info Edge, WaterBridge Ventures, Better Capital, Anupam Mittal (Shaadi.com), Mohit Sardana (Xpressbees), Sarthak Misra (SoftBank) 28 Oct 2026 QwikBuild AI Application Layer B2B $2.3 Mn Pre-Seed Globalway, Blume Ventures, DeVC, Marsshot, Lalit Keshre (Groww), Ankit Nagori (Curefoods) Globalway 30 Oct 2026 Manastu Space Advance Hardware & Technology Space Tech B2B $2.3 Mn * – Gandhi Securities and Investments, Thacker Legacy Trusts 27 Oct 2026 Nova Spectral AI Advance Hardware & Technology Semiconductors B2B $2.2 Mn Seed Shastra VC, Equirus InnovateX Fund Shastra VC 29 Oct 2026 Coratia Technologies Advance Hardware & Technology Maritime Tech B2B, B2G $1.9 Mn – MGF Kavachh MGF Kavachh 27 Oct 2026 dubdub Media & Entertainment Gaming B2C $1.3 Mn Seed 3one4 Capital, Antler, Stellaris Venture Partners 3one4 Capital, Antler, Stellaris Venture Partners 28 Oct 2026 Manicule Enterprise Services Marketing Agency B2B $1.3 Mn Seed Y Combinator, Broom Ventures Y Combinator, Broom Ventures 26 Oct 2026 ReplyAll Ecommerce D2C B2C $997K Pre-Series A Sadev Ventures, Atom XVII, ISV, Long View Ventures, Sparrow Capial, Antler Sadev Ventures, Atom XVII 26 Oct 2026 Bucketlistt Travel Tech Booking Services B2C $799K Seed Kairon Capital, Titan Capital, Divisa Family Office, Kunal Popat Kairon Capital 27 Oct 2026 Maasi Consumer Services Hyperlocal Services B2C $630K Pre-Seed Better Capital, Antler India, Rishikesh SR (Rapido), Vaibhav Khandelwal (Shadowfax), Sumit Khandelwal (Xoxoday), Siddhant Goyal (Crane VC), Sanjay Ramakrishnan (Multiply Ventures) Better Capital, Antler India 27 Oct 2026 CopperPilot AI Application Layer B2B $390K Pre-Seed Neon Fund Neon Fund 29 Oct 2026 Tensrai Advance Hardware & Technology Robotics B2B $357K Pre-Seed India Accelerator, Finvolve, Hyderabad Angels – 28 Oct 2026 Paraayan Ecommerce D2C B2C $273K Seed I9ovare Capital, Enexony Ventures I9ovare Capital 29 Oct 2026 ISLAND Beauty Ecommerce D2C B2C $271K – AJVC, Bala Sarda (Vahdam) AJVC 30 Oct 2026 Qiroko Ecommerce D2C B2C $157K Pre-Seed ISV Capital ISV Capital 29 Oct 2026 Viridian Ingni Propulsion Clean Tech Electric Vehicles B2B $154K Inflection Point Ventures Inflection Point Ventures 26 Oct 2026 LogiXair Advance Hardware & Technology Aerial Vehicles B2B – Seed GrowthCap Ventures GrowthCap Ventures 26 Oct 2026 CHOSEN Ecommerce D2C B2C – Series A* Avnish Chhabria (Wellbeing Nutrition), Saurabh Kapoor (Wellbeing Nutrition) Avnish Chhabria (Wellbeing Nutrition), Saurabh Kapoor (Wellbeing Nutrition) 26 Oct 2026 Glance AI Application Layer B2C – – L Catterton L Catterton Source: Inc42
*Part of a larger round
**Mix of primary and secondary transactions

Startup Funding This week

Key Startup Funding Highlights Of The Week

  • Ecommerce led the sectoral funding charts this week, with nine deals bringing in $33.4 Mn. Troovy’s $10.5 Mn and Ace Blend’s $9.9 Mn rounds did much of the heavy lifting, together accounting for 61% of the sector’s funding this week.
  • AI was second-placed this week, with five startups raising $30.4 Mn. Simplismart’s $14 Mn round and Live2.ai’s $13.7 Mn infusion contributed 91% to the total haul this week.
  • Five advanced hardware and technology startups bagged $6.8 Mn this week, while the enterprise services sector also saw three deals worth $9.5 Mn.
  • On the investor front, Blume Ventures and Antler emerged as the most active investors this week and backed three startups each.

Startup IPO Updates Of The Week

Startup Fund Updates This Week

Startup M&As This Week

  • Nasdaq-listed Freshworks has acquired Israel-based AI startup Robusta Dev for an undisclosed amount to strengthen its Freshservice platform and bolster its AI stack.
  • AI-native cybersecurity startup Protectt.ai plans to acquire a controlling stake in AIShield, an AI security platform incubated at Bosch Global Software Technologies, through a deal involving primary and secondary components. Bosch will retain a minority stake in the latter.

Other Developments Of The Week

  • AI unicorn Sarvam AI is in talks to raise around $300 Mn from Nasdaq-listed IT services company Cognizant in a round that could value the Bengaluru-based AI giant at $3.5 Bn-$4 Bn, more than double its previous valuation of $1.5 Bn.
  • Aerospace technology startup Parsec Aerospace is in talks to raise around $10 Mn in a round led by Nexus Venture Partners, with participation from existing backers, including Lightspeed Venture Partners.
  • AI-powered trading platform Tradl has raised $4.1 Mn in a seed round led by Nexus Venture Partners and Stellaris Venture Partners.
  • Fintech startup axiTrust is in talks to raise around $5 Mn in its Series A round, likely to be led by Singapore-based Argor.vc.
  • Traveltech startup Holiday Tribe is also in discussions to raise around ₹50 Cr from the likes of RPSG Capital Ventures and others. The round is yet to be finalised.
  • Two funds managed by Baillie Gifford have marked down their holdings in VerSe Innovation, the parent of DailyHunt and Josh, by as much as 80% over different time periods.
  • D2C cat food startup Smylo is in advanced talks to raise around ₹30 Cr via a mix of equity and debt. While a new VC firm is likely to join its cap table, existing backer DSG Consumer Partners is also expected to participate.
  • CCI has cleared Prosus’ proposal to invest $100 Mn in IPO-bound fintech startup Navi for a minority stake. This is Navi’s first institutional fundraise.

The post From To Cent to Matiks — Indian Startups Raised Over $132 Mn This Week appeared first on Inc42 Media.