Indian Startup Funding — Startups Raised $303 Mn This Week

Posted on by admin


SUMMARY

Indian startups raised $302.8 Mn between Jan 19 and 23, marking 13% jump from $268.6 Mn bagged in the preceding week

Fintech topped sectoral funding this week, with four startups in the space raising $87.2 Mn

Fireside Ventures, Kae Capital, and Rainmatter were the most active institutional investors this week, backing three startups apiece

It was an action-packed week for the world’s third-largest startup ecosystem. While overall funding momentum continued to build, the ecosystem saw Juspay emerge as India’s first unicorn of 2026, Amagi make its public market debut, alongside a host of other headline-making developments. 

Between January 19 and 23, Indian startups managed to secure $302.8 Mn across 37 funding deals. This marked a near 13% uptick from the $286.6 Mn raised by 28 startups over the past week. 

Funding Galore: Indian Startup Funding Of The Week [Jan 19 – 23]

DateNameSectorSubsectorBusiness ModelFunding Round SizeFunding Round TypeInvestorsLead Investor
20 Jan 2026EmergentAIApplication LayerB2C$70 MnSeries BKhosla Ventures, SoftBank, Prosus, Lightspeed, Together Fund, Y CombinatorKhosla Ventures, SoftBank
23 Jan 2026JuspayFintechBankingB2B$50 Mn**Series DWestBridge CapitalWestBridge Capital
20 Jan 2026Unbox RoboticsAdvanced Technology & HardwareRoboticsB2B$28 MnSeries BICICI Ventures, Redstart Labs, F-Prime, 3one4 Capital, Navam Capital, Force VenturesICICI Ventures, Redstart Labs
22 Jan 2026Escape PlanEcommerceVerticle MarketplaceB2C$25 MnSeries AJungle VC, Fireside Ventures, IndiGo VenturesJungle VC
19 Jan 2026AssetPlusFintechInvestment TechB2C$21 Mn–Nexus Venture PartnersNexus Venture Partners
20 Jan 2026WhizzoEnterprise ServicesManufacturing SolutionsB2B$15 MnSeries AFundamentum, LB Investment, Lightspeed, BEENEXTFundamentum
21 Jan 2026Aerem SolutionsFintechLending TechB2C$15 MnPre-Series BSMBC Asia Rising Fund, British International Investment, The University of Tokyo Edge Capital Partners, Blume Ventures, Avaana Capital, Riverwalk Holdings, SE VenturesSMBC Asia Rising Fund
22 Jan 2026OptimistEcommerceD2CB2C$12 MnPre-Series AAccel, Arkam VenturesAccel, Arkam Ventures
21 Jan 2026BolnaAIApplication LayerB2B$6.3 MnSeedGeneral Catalyst, Y Combinator, Blume Ventures, Orange Collective, Pioneer Fund, Transpose Capital, Eight CapitalGeneral Catalyst
21 Jan 2026WanderOnTraveltechOnline Travel AgencyB2C$5.9 MnSeries ADSG Consumer Brand and CAAFDSG Consumer Brand and CAAF
21 Jan 2026RinggAIApplication LayerB2B$5.5 MnSeries AArkam Ventures, Groww’s Founder Fund, CRED founder Kunal Shah, White Venture Capital, Capital2BArkam Ventures
21 Jan 2026EnerzolveAdvanced Technology & HardwareInternet Of Things (IoT) & HardwareB2B2C$5.1 MnSeedJungle Ventures, Kae Capital, Amrit Acharya (Zetwerk) Srinath Ramakrrushnan (Zetwerk) , Ramakant Sharma (Livspace), Roman Saini (Unacademy), Gaurav Munjal (Unacademy), Amal Mishra (Urban Vault), Nikhil Bhandarkar (Panthera Peak)Jungle Ventures, Kae Capital
21 Jan 2026Cumin Co.EcommerceD2CB2C$5 MnPre-Series AFireside Ventures, Huddle Ventures, Alteria CapitalFireside Ventures
22 Jan 2026TroovyEcommerceD2CB2C$5 MnSeries AFireside Ventures, Sharrp Ventures, Spring Marketing Capital, Veltis Capitalireside Ventures, Sharrp Ventures
23 Jan 2026Dhun WellnessConsumer ServicesHyperlocal ServicesB2C$4 Mn–SRF Ltd, Havells India, Arushi Aayush Agrawal (Inspira), Ash Lilani (Saama Capital), Abhishek Goyal (Tracxn), Sanjay Kapoor (Genesis Luxury)SRF Ltd, Havells India
19 Jan 2026SaltyEcommerceD2CB2C$3.3 Mn–MG Investment, Anicut Capital, All In Capital, JK GroupMG Investment
19 Jan 2026Gully LabsEcommerceD2CB2C$3.3 MnSeries ASaama Capital, Zeropearl VC, Sangeet Agrawa (Mokobara), Viraj Bahl (Veeba), Sanjay Kapoor (Genesis Luxury), Radhika Gupta (Edelweiss Mutual Fund), Roman Saini (Unacademy), Gaurav Munjal (Unacademy)Saama Capital
22 Jan 2026Raana SemiconductorAdvanced Technology & HardwareSemiconductorsB2B$3 MnSeedEquirus Innovatex Fund, Artha Venture Fund, IvyCap Ventures, PointOne Capital, IIMA Ventures, Garimella Laxminarayana (Angel)Equirus Innovatex Fund, Artha Venture Fund
21 Jan 2026SensesemiAdvanced Technology & HardwareSemiconductorsB2B$2.7 MnSeedPiper Serica, LetsVenture, Sun Icon Ventures, MyAsiaVC, Whitepine Investments, Jain OncorPiper Serica
22 Jan 2026PropertyPistolReal Estate TechReal Estate ServicesB2C$2.7 MnPre-Series BAshish KacholiaAshish Kacholia
22 Jan 2026ChargeupCleantechElectric VehiclesB2C$2.4 Mn–IAN Group, Capital AIAN Group
20 Jan 2026SuperLivingHealthtechFitness & WellnessB2C$2 Mn–Kae capital, All In CapitalKae Capital
21 Jan 2026ArkahubCleantechClimate TechB2C$2 MnSeedKae Capital, Sparrow Capital, AntlerKae Capital, Sparrow Capital
21 Jan 2026GRESTEcommerceVertial MarketplaceB2C$1.7 Mn–Equentis Wealth, JIIF, The Chennai Angels, India Accelerator, Lead Invest, 8i VenturesEquentis Wealth
22 Jan 2026StepOutConsumer ServicesHyperlocal ServicesB2B$1.5 MnPre-Series ARainmatter, SucSEED Innovation Fund, Misfits CapitalRainmatter
20 Jan 2026IntellendFintechLending TechB2B$1.2 MnSeedIncubate Fund Asia, M Venture Partners, Atrium Angels, Dhananjay TiwariIncubate Fund Asia
22 Jan 2026Meine ElectricCleantechClimate TechB2B$750KPre-SeedAntler, Rebalance, Venture Catalysts, gradCapital, AIC-AU Incubation Foundation, Alexander Hogeveen Rutter (Third Derivative)–
20 Jan 2026FireAIAIApplication LayerB2B$675KSeedInflection Point Ventures, Venture Catalyst, SucSEED Indovation Fund–
22 Jan 2026CosmoserveAdvanced Technology & HardwareSpacetechB2B, B2G$598K–Arokiaswamy Velumani (Thyrocare), Shivam Mishra (String Ventures), Srini Sriniwasan (Kotak Alternate Asset Managers)Arokiaswamy Velumani (Thyrocare)
22 Jan 2026ZerocircleCleantechClimate TechB2B$545KPre-Series A3one4 Capital, Rainmatter3one4 Capital, Rainmatter
22 Jan 2026LorazzoEcommerceD2CB2C$545KSeedSprout Venture Partners, India Quotient, Chandigarh Angel NetworkSprout Venture Partners, India Quotient
20 Jan 2026For RealEcommerceVertical MarketplaceB2B2C$349KPre-SeedTitan CapitalTitan Capital
22 Jan 2026Brisil TechnologiesClean TechClimate TechB2B$327KPre-SeedMomentum CapitalMomentum Capital
19 Jan 2026CultureMedia & EntertainmentSocial Networking PlatformB2C$218KSeedAcuvest InfraAcuvest Infra
21 Jan 2026Care DaleEcommerceD2CB2C$180K–ajvcajvc
21 Jan 2026XoxodayEnterprisetechHorizontal SaaSB2B-**Series CApis Partners, 57 StarsApis Partners, 57 Stars
20 Jan 2026PolyCyclCleantechClimate TechB2B–Series ARainmatterRainmatter
Source: Inc42
*Mix of equity and debt
**Part of larger round

Key Startup Funding Highlights Of The Week

  • Juspay became India’s 127th unicorn this week, raising $50 Mn at a valuation of $1.2 Bn. On the back of this, fintech topped sectoral funding this week, with four startups in the space raising $87.2 Mn.
  • AI sector trailed fintech closely, with four startups in the segment cumulatively bagging $82.5 Mn. AI startup Emergent bagged the biggest cheque of the week worth $70 Mn from marquee investors like Khosla Ventures and SoftBank.
  • Ecommerce continued to dominate the overall deal count this week, with 10 startups in the segment raising $56.4 Mn
  • Fireside Ventures, Kae Capital, and Rainmatter were the most active institutional investors this week, backing three startups apiece.
  • Seed stage funding zoomed 32% week-on-week, with nine startups at this stage raising $21.7 Mn.

Startup IPO Updates This Week

  • After closing its IPO with an overwhelming investor interest last week, media SaaS giant Amagi made a muted debut on the stock exchanges on Wednesday. After listing at a discount of 12.2% on the BSE at INR 317, the company’s shares gained 19% to end the week at INR 375.7. This represents a 4% jump from its IPO price of INR 361. 
  • Logistics startup Shadowfax’s IPO closed with an oversubscription of 2.72X, receiving total bids for 24.23 Cr shares against 8.9 Cr shares on offer. The company’s shares are set for a public markets debut on January 28.
  • Startups like Phonepe, Purple Style Labs and Infra.Market received SEBI approval for their respective IPO papers this week. Post getting the regulatory approval for its confidential DRHP, fintech major PhonePe filed its updated DRHP for an IPO that will solely consist of an offer for sale (OFS) component of 5.06 Cr equity shares.
  • Amid heightened public anticipation, RIL’s telecom arm Jio is likely to file its DRHP in the coming months. As per the management,  the company has internally zeroed in on its IPO but is awaiting the final notification from the SEBI on minimum IPO dilution norms..

Other Developments Of The Week



Related Posts