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Indian startups demonstrated resilience this week, collectively raising $187 million across 21 deals from October 21-26. The funding landscape featured both early- and growth-stage investments, with industries spanning dairy technology, edtech, healthtech, generative AI, and D2C brands. Despite market fluctuations, investor interest remains high, evidenced by significant contributions from global funds and prominent investors. Major hubs like Mumbai, Bengaluru, and Delhi-NCR led in deal volume, helping sustain the Indian startup ecosystem’s momentum, with an average weekly funding rate of $315 million.
Indian startups saw a strong funding week, raising approximately $187 million across 21 deals from October 21-26. Notable highlights include:
- Stellapps Technologies (Dairy Tech) secured $26 million in Series C via equity and debt, led by investors like Blume Ventures and Omnivore.
- Upgrad received an additional $60 million from Temasek, boosting its edtech growth.
- Healthify raised $45 million, led by Khosla Ventures and LeapFrog Investments.
- Zouk (D2C luggage) closed a $10 million Series B, led by Aavishkaar Capital.
- Neysa (Generative AI) achieved $30 million in Series A funding, led by NTTVC and Nexus.
Mumbai led with the highest number of deals, contributing to an average eight-week funding rate of $315 million.
