{"id":645219,"date":"2026-05-02T16:12:10","date_gmt":"2026-05-02T16:12:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/645219\/"},"modified":"2026-05-02T16:12:10","modified_gmt":"2026-05-02T16:12:10","slug":"from-snabbit-to-sahi-indian-startups-raised-204-mn-this-week","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/645219\/","title":{"rendered":"From Snabbit To Sahi\u2014 Indian Startups Raised $204 Mn This Week"},"content":{"rendered":"<p>\t\t\t\t\t\tSUMMARY<\/p>\n<p>Between April 27 to May 1, Indian startup ecosystem cumulatively raised $204 Mn across 19 deals<\/p>\n<p>Accel and India Accelerator were the most active investors this week, backing 2 startups apiece<\/p>\n<p>Fintech segment emerged as the most funded segment during the week with a cumulative funding of $57.5 Mn across three deals<\/p>\n<p>After weeks of continuous decline, funding momentum in the world\u2019s third largest startup ecosystem picked up in the final week of April. Between April 27 to May 1, Indian startup ecosystem cumulatively raised $204 Mn across 19 deals, marking an about 5X jump from the $39 Mn raised across 15 deals last week.<\/p>\n<p>Funding Galore: Indian Startup Funding Of The Week [April 27 \u2014 May 1]<\/p>\n<p>Date<br \/>\nName<br \/>\nSector<br \/>\nSubsector<br \/>\nBusiness Model<br \/>\nFunding Round Size<br \/>\nFunding Round Type<br \/>\nInvestors<br \/>\nLead Investor<\/p>\n<p>28 Apr 2026<br \/>\nSnabbit<br \/>\nConsumer Services<br \/>\nHyperlocal Services<br \/>\nB2C<br \/>\n$56 Mn<br \/>\nSeries D<br \/>\nSusquehanna Venture Capital, Mirae Asset Venture Investments, Bertelsmann India Investments, Nexus Venture Partners, Lightspeed Ventures, FJ Labs<br \/>\nSusquehanna Venture Capital, Mirae Asset Venture Investments, Bertelsmann India Investments<\/p>\n<p>29 Apr 2026<br \/>\nSahi<br \/>\nFintech<br \/>\nInvestment Tech<br \/>\nB2C<br \/>\n$33 Mn<br \/>\nSeries B<br \/>\nAccel, Elevation Capital<br \/>\nAccel<\/p>\n<p>30 Apr 2026<br \/>\nKimbal<br \/>\nEnterprise Services<br \/>\n\u2013<br \/>\nB2B<br \/>\n$22 Mn<br \/>\nSeries B<br \/>\nGEF Capital Partners, Niveshaay<br \/>\nGEF Capital Partners<\/p>\n<p>27 Apr 2026<br \/>\nMetasports Interactive<br \/>\nMedia &amp; Entertainment<br \/>\nGaming<br \/>\nB2C<br \/>\n$20 Mn<br \/>\nDebt<br \/>\nMetica<br \/>\nMetica<\/p>\n<p>28 Apr 2026<br \/>\nBattery Smart<br \/>\nClean Tech<br \/>\nElectric Vehicles<br \/>\nB2C<br \/>\n$15 Mn<br \/>\nDebt<br \/>\nMirova<br \/>\nMirova<\/p>\n<p>30 Apr 2026<br \/>\nOolka<br \/>\nFintech<br \/>\nLending Tech<br \/>\nB2B<br \/>\n$14 Mn<br \/>\nSeries A<br \/>\nAccel, Lightspeed Ventures, Z47, Vidit Aatrey (Meesho), Sanjeev Barnwal (Meesho)<br \/>\nAccel<\/p>\n<p>28 Apr 2026<br \/>\nHyugaLife<br \/>\nEcommerce<br \/>\nVertical Marketplace<br \/>\nB2C<br \/>\n$10.5 Mn<br \/>\nSeries A<br \/>\nIvyCap Ventures, First Bridge Fund<br \/>\nIvyCap Ventures<\/p>\n<p>28 Apr 2026<br \/>\nCredilio<br \/>\nFintech<br \/>\nLending Tech<br \/>\nB2C<br \/>\n$10.5 Mn*<br \/>\nSeries A<br \/>\nCornerstone Ventures, Shepherd Hill, Roots Ventures, ESV-Arthya AIF, Innoven Capital, Alteria Capital<br \/>\nCornerstone Ventures<\/p>\n<p>27 Apr 2026<br \/>\nMorphing Machines<br \/>\nAdvanced Hardware &amp; Technology<br \/>\nSemiconductors<br \/>\nB2B<br \/>\n$4.4 Mn**<br \/>\nSeries A<br \/>\nHero Enterprise Partner Ventures, Colossa Ventures, Navam Capital<br \/>\n\u2013<\/p>\n<p>29 Apr 2026<br \/>\nSportVot<br \/>\nMedia &amp; Entertainment<br \/>\nDigital Content<br \/>\nB2C<br \/>\n$3.8 Mn<br \/>\n\u2013<br \/>\nIndian Angel Network, Anicut Capital, Lets Venture, Capital A, Succeed Innovation<br \/>\nIndian Angel Network<\/p>\n<p>29 Apr 2026<br \/>\nOptimized Electrotech<br \/>\nAdvanced Hardware &amp; Technology<br \/>\nDefence Tech<br \/>\nB2B<br \/>\n$3.7 Mn<br \/>\n\u2013<br \/>\nExfinity Ventures, Blume Ventures, Mela Ventures, Venture Catalysts<br \/>\nExfinity Ventures<\/p>\n<p>28 Apr 2026<br \/>\nHouse Of Chikankari<br \/>\nEcommerce<br \/>\nD2C<br \/>\nB2C<br \/>\n$2.6 Mn<br \/>\nSeries A<br \/>\nCap Alpha Ventures<br \/>\nCap Alpha Ventures<\/p>\n<p>30 Apr 2026<br \/>\nCtruh<br \/>\nAdvanced Hardware &amp; Technology<br \/>\nAR\/VR<br \/>\nB2B<br \/>\n$2.5 Mn<br \/>\nSeed<br \/>\nInflection Point Ventures, Avinya Ventures, India Accelerator, Founder\u2019s Avenue, Anthill Ventures, Finvolve, LVX, Vivek Sinha (Emversity), Shivakumar Ganesan (Exotel)<br \/>\nInflection Point Ventures, Avinya Ventures<\/p>\n<p>28 Apr 2026<br \/>\nMojro<br \/>\nEnterprise Tech<br \/>\nHorizontal SaaS<br \/>\nB2B<br \/>\n$2.5 Mn**<br \/>\nSeries A<br \/>\nDallas Venture Capital<br \/>\nDallas Venture Capital<\/p>\n<p>29 Apr 2026<br \/>\nPrithu<br \/>\nClean Tech<br \/>\nClimate Tech<br \/>\nB2B<br \/>\n$1.1 Mn<br \/>\n\u2013<br \/>\nTransition VC<br \/>\nTransition VC<\/p>\n<p>30 Apr 2026<br \/>\nUbiqedge<br \/>\nAdvanced Hardware &amp; Technology<br \/>\nInternet Of Things(IoT) &amp; Hardware<br \/>\nB2B<br \/>\n$1.1 Mn<br \/>\nSeed<br \/>\nPiper Serica, Shibam Das (Atomberg), Sumit Chhazed (OTO)<br \/>\nPiper Serica<\/p>\n<p>30 Apr 2026<br \/>\nVIKRA Ocean Tech<br \/>\nAdvanced Hardware &amp; Technology<br \/>\nMaritime Tech<br \/>\nB2B<br \/>\n$1 Mn<br \/>\nSeed<br \/>\nFinvolve, India Accelerator<br \/>\nFinvolve, India Accelerator<\/p>\n<p>28 Apr 2026<br \/>\nKovon<br \/>\nEnterprise Tech<br \/>\nHorizontal SaaS<br \/>\nB2B<br \/>\n$250K<br \/>\nPre-Seed<br \/>\nTDV Partners<br \/>\nTDV Partners<\/p>\n<p>27 Apr 2026<br \/>\nEMoMee<br \/>\nMedia &amp; Entertainment<br \/>\nDigital Content<br \/>\nB2C<br \/>\n\u2013<br \/>\n\u2013<br \/>\nMelody Investments, Aman Gupta (boAt), Gurmeet Nihal Singh (Nihal Singh Family Office), Jatin Aneja (Shardul Amarchand Mangaldas), Whiteboard Capital, Gruhas Collective Consumer Fund, DeVC<br \/>\n\u2013<\/p>\n<p>Source: Inc42<br \/>*Mix Of Equity And Debt<br \/>** Part of larger round<\/p>\n<p>Key Startup Funding Highlights Of The Week<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-556666\" src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2026\/05\/Infographic-100-11.jpg\" alt=\"From Snabbit To Sahi\u2014 Indian Startups Raised $204 Mn This Week\" width=\"1080\" height=\"1088\"  \/><\/p>\n<p>Fintech segment emerged as the most funded segment during the week with a cumulative funding of $57.5 Mn across three deals.\u00a0<br \/>\nIn terms of deal count, Advanced Hardware &amp; Technology recorded the highest number of deals with five startups raising a total of $13 Mn.<br \/>\nAccel and India Accelerator were the most active investors this week, backing 2 startups apiece.<br \/>\nWhile the overall funding activity gained momentum, investments at the seed stage slowed down. The stage saw a capital infusion of $4.6 Mn during the week, down 74% from $17.8 Mn raised at this stage last week.<\/p>\n<p>\u00a0Startup IPO Updates This Week<\/p>\n<p>Lending tech startup <a href=\"https:\/\/inc42.com\/buzz\/kissht-ipo-issue-subscribed-20-on-day-1-so-far\/\" rel=\"nofollow noopener\" target=\"_blank\">Kissht parent OnEMI Technology Solutions\u2019 <\/a>IPO opened for bidding on April 30th and received a subscription of 24% on the opening day of bidding.\u00a0<br \/>\nMakeMyTrip is said to be eyeing a public listing on the Indian bourses in the first <a href=\"https:\/\/inc42.com\/buzz\/makemytrip-eyes-india-ipo-by-q1-2027-ropes-in-bankers-report\/\" rel=\"nofollow noopener\" target=\"_blank\">quarter of 2027.<\/a> The travel giant has appointed Axis Capital, Morgan Stanley and JP Morgan as advisers for the proposed share sale<br \/>\nUsed car marketplace <a href=\"https:\/\/inc42.com\/buzz\/spinny-ropes-in-investment-bankers-for-a-potential-ipo-next-year-report\/\" rel=\"nofollow noopener\" target=\"_blank\">Spinny is also eyeing public listing within the first quarter <\/a>of 2027. It is said to have onboarded a host of investment bankers like Kotak Mahindra Capital, Morgan Stanley and Citigroup to helm the public issue.\u00a0<br \/>\nInsurtech unicorn<a href=\"https:\/\/inc42.com\/buzz\/acko-ropes-in-bankers-for-ipo-targets-h1-2027-listing\/\" rel=\"nofollow noopener\" target=\"_blank\"> Acko roped in ICICI Securities<\/a>, Morgan Stanley, and Kotak Securities as the bankers for its upcoming IPO at a potential valuation of $2-$2.5 Bn. It is looking to file the DRHP via the confidential route in the second half of 2026 and hit the bourses in 2027<\/p>\n<p>Other Developments Of The Week\u00a0<\/p>\n<p>US-based cybersecurity firm<a href=\"https:\/\/inc42.com\/buzz\/palo-alto-networks-to-acquire-portkey-to-boost-ai-security-play\/\" rel=\"nofollow noopener\" target=\"_blank\"> Palo Alto Networks is set to acquire AI<\/a> startup Portkey to strengthen its capabilities in enterprise adoption of autonomous AI systems<br \/>\nJSW Group\u2019s B2B ecommerce marketplace JSW One Platforms <a href=\"https:\/\/inc42.com\/buzz\/jsw-one-buys-pidilite-ventures-backed-proptech-startup-buildnext\/\" rel=\"nofollow noopener\" target=\"_blank\">acquired proptech startup BuildNext<\/a> to strengthen its home construction wing \u2014 JSW One Homes in an undisclosed financial deal<br \/>\nCapital A marked the<a href=\"https:\/\/inc42.com\/buzz\/capital-a-marks-first-close-of-fund-ii-at-%e2%82%b9160-cr\/\" rel=\"nofollow noopener\" target=\"_blank\"> first close of its Fund II at \u20b9160 Cr<\/a> to back startups operating in the manufacturing, deeptech, climate tech, and fintech sector. The fund has a total target corpus of \u20b9300 Cr, with a greenshoe option to raise it up to \u20b9400 Cr.\u00a0\u00a0<\/p>\n<p>]]><\/p>\n","protected":false},"excerpt":{"rendered":"SUMMARY Between April 27 to May 1, Indian startup ecosystem cumulatively raised $204 Mn across 19 deals Accel&hellip;\n","protected":false},"author":2,"featured_media":645220,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[64,63,99,198,173785],"class_list":["post-645219","post","type-post","status-publish","format-standard","has-post-thumbnail","category-entrepreneurship","tag-au","tag-australia","tag-business","tag-entrepreneurship","tag-funding-galore"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/645219","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=645219"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/645219\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/645220"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=645219"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=645219"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=645219"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}