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Apr 25 – May 1, 2026

19 startups funded

Volume

19

Startups Funded

Report Type

Weekly

Funding 360 Series

Funding Week Illustration

Beyond these headline-grabbing equity rounds, the week also saw notable debt financing, with Metasports Interactive securing $20 million and Battery Smart raising $15 million, reflecting alternative capital strategies for growth. Fintech emerged as the most active sector by total capital raised, accumulating $57.5 million across three deals. Simultaneously, the Advanced Hardware & Technology sector stood out with the highest number of deals (five), indicating a deepening interest in specialized and deep tech innovations, even if individual ticket sizes were comparatively smaller. The consistent flow of early-stage capital, including multiple Series A, Seed, and Pre-Seed rounds across sectors like Ecommerce, Clean Tech, and Enterprise Tech, points to a healthy and evolving startup pipeline for India's future.

The Big Moves

Indian startups collectively raised nearly **$204 million** across 19 deals this week.
**Snabbit** led the funding chart with a massive **$56 million Series D** for its hyperlocal services.
**Fintech** proved to be the top sector by capital inflow, securing **$57.5 million** across three deals, including a **$33 million Series B** for **Sahi**.
Significant **debt financing** was observed, with **Metasports Interactive ($20 Mn)** and **Battery Smart ($15 Mn)** tapping into this funding avenue.

Sector Spotlight

Concurrently, the **Advanced Hardware & Technology** sector made a strong statement with five distinct deals, even though individual raises like **Morphing Machines ($4.4 Mn)** and **Optimized Electrotech ($3.7 Mn)** were at earlier stages. This flurry of activity across sub-sectors like Semiconductors, Defence Tech, AR/VR, IoT, and Maritime Tech, signals a growing confidence in India's deep tech capabilities and its potential to build foundational technologies. While not commanding the largest single checks, the volume of deals here suggests a strategic long-term bet on India's innovation engine moving beyond traditional software to more complex hardware and specialized technology domains.
DateNameSectorSubsectorBusiness ModelFunding Round SizeFunding Round TypeInvestorsLead Investor
28 Apr 2026SnabbitConsumer ServicesHyperlocal ServicesB2C$56 MnSeries DSusquehanna Venture Capital, Mirae Asset Venture Investments, Bertelsmann India Investments, Nexus Venture Partners, Lightspeed Ventures, FJ LabsSusquehanna Venture Capital, Mirae Asset Venture Investments, Bertelsmann India Investments
29 Apr 2026SahiFintechInvestment TechB2C$33 MnSeries BAccel, Elevation CapitalAccel
30 Apr 2026OolkaFintechLending TechB2B$14 MnSeries AAccel, Lightspeed Ventures, Z47, Vidit Aatrey (Meesho), Sanjeev Barnwal (Meesho)Accel
28 Apr 2026CredilioFintechLending TechB2C$10.5 Mn*Series ACornerstone Ventures, Shepherd Hill, Roots Ventures, ESV-Arthya AIF, Innoven Capital, Alteria CapitalCornerstone Ventures
30 Apr 2026KimbalEnterprise Services–B2B$22 MnSeries BGEF Capital Partners, NiveshaayGEF Capital Partners
27 Apr 2026Metasports InteractiveMedia & EntertainmentGamingB2C$20 MnDebtMeticaMetica
29 Apr 2026SportVotMedia & EntertainmentDigital ContentB2C$3.8 Mn–Indian Angel Network, Anicut Capital, Lets Venture, Capital A, Succeed InnovationIndian Angel Network
27 Apr 2026EMoMeeMedia & EntertainmentDigital ContentB2C––Melody Investments, Aman Gupta (boAt), Gurmeet Nihal Singh (Nihal Singh Family Office), Jatin Aneja (Shardul Amarchand Mangaldas), Whiteboard Capital, Gruhas Collective Consumer Fund, DeVC–
28 Apr 2026Battery SmartClean TechElectric VehiclesB2C$15 MnDebtMirovaMirova
29 Apr 2026PrithuClean TechClimate TechB2B$1.1 Mn–Transition VCTransition VC
28 Apr 2026HyugaLifeEcommerceVertical MarketplaceB2C$10.5 MnSeries AIvyCap Ventures, First Bridge FundIvyCap Ventures
28 Apr 2026House Of ChikankariEcommerceD2CB2C$2.6 MnSeries ACap Alpha VenturesCap Alpha Ventures
27 Apr 2026Morphing MachinesAdvanced Hardware & TechnologySemiconductorsB2B$4.4 Mn**Series AHero Enterprise Partner Ventures, Colossa Ventures, Navam Capital–
29 Apr 2026Optimized ElectrotechAdvanced Hardware & TechnologyDefence TechB2B$3.7 Mn–Exfinity Ventures, Blume Ventures, Mela Ventures, Venture CatalystsExfinity Ventures
30 Apr 2026CtruhAdvanced Hardware & TechnologyAR/VRB2B$2.5 MnSeedInflection Point Ventures, Avinya Ventures, India Accelerator, Founder’s Avenue, Anthill Ventures, Finvolve, LVX, Vivek Sinha (Emversity), Shivakumar Ganesan (Exotel)Inflection Point Ventures, Avinya Ventures
30 Apr 2026UbiqedgeAdvanced Hardware & TechnologyInternet Of Things(IoT) & HardwareB2B$1.1 MnSeedPiper Serica, Shibam Das (Atomberg), Sumit Chhazed (OTO)Piper Serica
28 Apr 2026VIKRA Ocean TechAdvanced Hardware & TechnologyMaritime TechB2B$1 MnSeedFinvolve, India AcceleratorFinvolve, India Accelerator
28 Apr 2026MojroEnterprise TechHorizontal SaaSB2B$2.5 Mn**Series ADallas Venture CapitalDallas Venture Capital
28 Apr 2026KovonEnterprise TechHorizontal SaaSB2B$250KPre-SeedTDV PartnersTDV Partners