From Boldfit To Origin — Indian Startups Raised About $236 Mn This Week

SUMMARY

Indian startups raised $236 Mn across 25 deals between October 12 and October 16, up 92.2% from nearly $123 Mn raised in the preceding week

AI dominated the funding charts this week and attracted $53.4 Mn across six deals. Meanwhile, ecommerce emerged as the second-most funded sector and lapped up $48.3 Mn

Accel emerged as the most active investor of the week and backed four startups. Hitachi Ventures, 3one4Capital and IPV also participated in multiple rounds this week

Startup funding continued to pick up pace in the second week of October. Overall, Indian new-age tech ventures raised $236.2 Mn across 25 deals between October 12 and October 16. This was 92.2% higher from the previous week, when 25 startups raised $122.9 Mn. 

Funding Galore: Indian Startup Funding Of The Week [Oct 12 – 16]

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Date
Name
Sector
Subsector
Business Model
Funding Round Size
Funding Round Type
Investors
Lead Investor

12 Oct 2026
Boldfit
Ecommerce
D2C
B2C
$41.8 Mn
Series B
Bharat Value Fund
Bharat Value Fund

13 Oct 2026
GreenCell Mobility
Travel Tech
Electric MaaS
B2B
$34.6 Mn
–
Impact Fund Denmark
Impact Fund Denmark

16 Oct 2026
RapidCanvas
AI
Application Layer
B2B
$29 Mn
Series B
Vertex Ventures SEA & India, Hitachi Ventures, Accel, Peak XV Partners, Valley Capital Partners, Titanium Ventures
Vertex Ventures SEA & India

14 Oct 2026
Scimplify
Enterprise Services
Manufacturing Soutions
B2B
$25 Mn
–
Hitachi Ventures, Accel, Bertelsmann India Investments, 3one4 Capital, Omnivore, Teknor Apex, Henkel
Hitachi Ventures

16 Oct 2026
Origin
Advanced Hardware & Technology
Robotics
B2B
$20 Mn
–
Accel, Zacua Ventures,Unilazer Ventures, Schema Ventures, Z21, Vivin Hegde (Zacua Ventures)
Accel, Zacua Ventures

15 Oct 2026
Confido Health
Health Tech
Healthcare SaaS
B2B
$12.5 Mn
Series A
Z47, Together Fund, Blume Ventures, Justin Saks (Private Equity Investor)
Z47

13 Oct 2026
MESA School
Edtech
Offline Education
B2C
$11.4 Mn *
Series A
Dharana Capital, Elevation Capital, InnoVen Capital, Alteria Capital
Dharana Capital, Elevation Capital

14 Oct 2026
Spill Games
Media & Entertainment
Gaming
B2C
$10.5 Mn
Series A
Elevation Capital, Centre Court Capital, PeerCapital
Elevation Capital

13 Oct 2026
Clueso
AI
Application Layer
B2B
$10 Mn
Series A
Dharana Capital, Founders Future, Neotribe Ventures, Y Combinator, F7 Ventures
Dharana Capital

13 Oct 2026
MakeO
Health Tech
In-Clincal Heathcare
B2C
$9.4 Mn
–
Singularity AMC, DSP family office, Genesis, Unispace Ventures
Singularity AMC

14 Oct 2026
Parallel Loop
AI
Application Layer
B2B
$6.6 Mn
Seed
3one4 Capital, Picus Capital, Flourish Ventures, Economic Development Innovations Singapore.
3one4 Capital

15 Oct 2026
Shamrock AI
AI
Application Layer
B2B
$5 Mn
Seed
Endiya Partners, Capria Ventures
Endiya Partners

13 Oct 2026
NuSynth
Enterprise Services
Manufacturing Soutions
B2B
$4 Mn
Seed
Avaana Capital, Shastra VC
Avaana Capital, Shastra VC

13 Oct 2026
ThinkMetal
Enterprise Services
Manufacturing Soutions
B2B
$2.8 Mn
–
IAN Alpha Fund, VC 3i Partners
IAN Alpha Fund

14 Oct 2026
Circle
Ecommerce
Recommerce
B2C
$2.6 Mn
Seed
Nexus Venture Partners, Titan Capital Raveen Sastry (Myntra), Ajith Pai (Delhivery)
Nexus Venture Partners

14 Oct 2026
RevRag.AI
AI
Application Layer
B2B
$2.5 Mn
Seed
Accion Ventures, Cedar Hill Capital, Wyser, Venture Catalysts
Accion Ventures

14 Oct 2026
The Stack
Ecommerce
D2C
B2C
$2.2 Mn
–
Sauce.vc, OTP Ventures, Huddle Ventures, AYRA Ventures
Sauce.vc, OTP Ventures, Huddle Ventures

14 Oct 2026
OXG Space
Advanced Hardware & Technology
Space Tech
B2B
$1.7 Mn
_
Aum Ventures, India Innovation Fund II, Pawan Kumar Chandana (Skyroot), Bharath Daka (Skyroot), Dr. Chiran Phanindra (Cosmoserve)
Aum Ventures

16 Oct 2026
Cosmochute
Advanced Hardware & Technology
Robotics
B2B
$1.5 Mn

Accel, Prosus Ventures, IIMA Ventures’ Deep-tech and Aerospace Acceleration Fund, Operators Studio, Chinmayi Muthyala
Accel, Prosus Ventures

13 Oct 2026
Foundry
Ecommerce
D2C
B2C
$1.2 Mn
Pre-Seed
BEENEXT, Kettleborough VC, Rishubh Satiya (Plix), Anindita Sampath (Yogabar), Anita Pramoda (Owned Outcomes)
BEENEXT, Kettleborough VC

14 Oct 2026
RocketPay
Fintech
Fintech SaaS
B2B
$1 Mn
–
Sandeep Jain, Inflection Point Ventures, LetsVenture, Launch Capital, AVNM Ventures, Navyug Global Ventures, All In Capital
Sandeep Jain

15 Oct 2026
AdGraam
AI
Application layer
B2B
$316K
Seed
Umair Mohammad (Nitro Commerce)
Umair Mohammad (Nitro Commerce)

15 Oct 2026
Formial Labs
Ecommerce
D2C
B2C
$303K
Pre-Seed
Zeropearl VC
Zeropearl VC

13 Oct 2026
wudhomes
Ecommerce
D2C
B2C
$263K
Pre-Seed
AJVC, Rohit Choudhary (Seekho), Keertay Agarwal (Seekho), Yash Banwani (Seekho)
AJVC

15 Oct 2026
Vitonnix
Ecommerce
D2C
B2C
–
Seed
Inflection Point Ventures, Riteish Deshmukh (Actor), Boman Irani (Actor), Jaspinder Narula (Singer), Madhu Mantena (Film Producer)
Inflection Point Ventures

Source: Inc42
*Mix of equity and debt
** Part of a larger round

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Key Startup Funding Highlights Of The Week

AI dominated the funding charts this week, attracting $53.4 Mn across six deals. RapidCanvas’ $29 Mn Series B round accounted for 54.3% of the total capital deployed in the segment.
Ecommerce emerged as the second-most funded sector and lapped up $48.3 Mn, followed by travel tech at $34.6 Mn and enterprise services at $31.8 Mn. Advanced hardware and technology also attracted $23.2 Mn.
Early-stage funding continued to gather steam as pre-seed and seed-stage startups raised $25.9 Mn across 11 disclosed deals this week.
Accel emerged as the most active investor of the week, backing four startups. Other backers such as Hitachi Ventures, 3one4Capital and Inflection Point Ventures also participated in multiple rounds this week. 

Startup M&A Updates Of The Week

Startup IPO Updates Of The Week

Other Developments Of The Week

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