SUMMARY
Indian startups raised $122.9 Mn across 25 deals between October 5 and October 9, marking a 47.4% decline from the $233.6 Mn raised in the previous week
Ecommerce dominated the funding charts, attracting $63.9 Mn across nine deals
3one4 Capital, Fireside Ventures, Prime Venture Partners and AJVC led investor activity, participating in two deals each
Indian startup funding fell 47.4% in the first week of October, with 25 startups raising $122.9 Mn between October 5 and October 9. Startups raised $233.6 Mn raised across 16 deals last week.
Funding Galore: Indian Startup Funding Of The Week [Oct 5 – 9]
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Date
Name
Sector
Subsector
Business Model
Funding Round Size
Funding Round Type
Investors
Lead Investor
8 Oct 2026
DailyObjects
Ecommerce
D2C
B2C
$34.3 Mn*
Series C
Xponentia Capital Partners, Anicut Capital, Axiom Asia Private Capital
Xponentia Capital Partners, Anicut Capital, Axiom Asia Private Capital
7 Oct 2026
Lumio
Ecommerce
D2C
B2C
$12 Mn
Series A
Blume Ventures, Stellaris Venture Partners, 3one4 Capital
Blume Ventures
6 Oct 2026
Beyond Appliances
Ecommerce
D2C
B2C
$10.4 Mn
Series B
Fireside Ventures, Dharana Capital
Fireside Ventures
6 Oct 2026
StockGro
Fintech
Investment Tech
B2C
$10.4 Mn ***
Series B
BITKRAFT Ventures, Aditum Venture Capital Fund, India SME Growth Fund, Sunil Shetty (Actor)
BITKRAFT Ventures
7 Oct 2026
Quanfluence
Advanced Hardware & Technology
–
B2B
$10 Mn
–
Chiratae Ventures, Rainmatter, Pi Ventures
Chiratae Ventures
9 Oct 2026
NeoGrowth
Fintech
Lending Tech
B2B
$8.7 Mn **
–
Dutch Development Bank FMO, LeapFrog Investments
Dutch Development Bank FMO
7 Oct 2026
byteXL
Edtech
Digital Learning Platform
B2B
$9 Mn
–
Elevar Equity, Kalaari Capital, The Michael & Susan Dell Foundation
Elevar Equity
7 Oct 2026
Sunfox Technologies
Health Tech
Healthcare Devices
B2B2C
$7 Mn
Series A
Ashish Kacholia (Angel), Lashit Sanghvi (Angel), Alchemy Capital, 3one4 Capital
Ashish Kacholia, Lashit Sanghvi, Alchemy Capital, 3one4 Capital
7 Oct 2026
Zomint
Fintech
Wealth Tech
B2C
$3.7 Mn
Seed
Lightspeed, Prime Venture Partners
–
9 Oct 2026
KISAH
Ecommerce
D2C
B2C
$3.7 Mn
Series A
Fireside Ventures
Fireside Ventures
7 Oct 2026
Desible.ai
AI
Application Layer
B2B
$3.3 Mn
Seed
Prime Venture Partners, Invention Engine
Prime Venture Partners
7 Oct 2026
Credfix
Fintech
Fintech SaaS
B2C
$1.6 Mn
Seed
Tanglin Venture Partners, Stargazer
Tanglin Venture Partners
6 Oct 2026
Lorazzo
Ecommerce
D2C
B2C
$1.5 Mn
–
Sauce.Vc, Sprout Venture Partners, Panthera Peak, Alteria Capital
Sauce.Vc
7 Oct 2026
IONAGE
Clean Tech
Electric Vehicles
B2B
$1.3 Mn
Pre-Series A
–
–
6 Oct 2026
CureMeAbroad
Health Tech
In-Clinic Healthcare
B2C
$1.1 Mn
Pre-Seed
SteerX Ventures, AIRA
SteerX Ventures
6 Oct 2026
ReFit Global
Ecommerce
Recommerce
B2C
$1 Mn
Seed
UAE Family Office
6 Oct 2026
CurvetAI
AI
Application Layer
B2B
$620K
Pre Seed
Merak Ventures
Merak Ventures
7 Oct 2026
The Dough Therapy
Foodtech
QSR
B2C
$543K
Seed
Michigan Capital Advisors, Equiglobe Investment
Michigan Capital Advisors
6 Oct 2026
IndigoTex
Enterprise Services
Manufacturing Solutions
B2B
$517K
–
IAN Group, IDBI, FITT, IIT Delhi Angels
IAN Group
8 Oct 2026
Zinara
Ecommerce
D2C
B2C
$380K
Pre-Seed
Inflection Point Ventures, Nine Jewellery, Nikita Dutta (Actor)
Inflection Point Ventures
8 Oct 2026
TailBlaze Longevity
Ecommerce
D2C
B2C
$300K
Pre-Seed
Comma Capital
Comma Capital
6 Oct 2026
Kinetic Age
Health Tech
Personalised Care Services
B2C
$250K
–
AJVC, Agrasar Ventures
AJVC, Agrasar Ventures
5 Oct 2926
Scooter
AI
Application Layer
B2B
$155K
AJVC
AJVC
6 Oct 2026
Sober & Co
Ecommerce
D2C
B2C
$77K
–
Sunaina Bhattacharya (Ground Collective), Anuj Dhariwal (New Groud Collective)
Sunaina Bhattacharya (Ground Collective), Anuj Dhariwal (New Groud Collective)
9 Oct 2026
MoneyTruVa
Fintech
Investment Tech
B2C
–
–
–
–
Source: Inc42
* Mix of primary and secondary transactions
** Mix of equity and debt
*** Part of a larger round
Key Startup Funding Highlights Of The Week
Ecommerce dominated the funding charts this week, attracting $63.9 Mn across nine deals. DailyObjects’ $34.3 Mn Series C emerged as the biggest contributor, accounting for over half of the total capital deployed in the segment.
Fintech ranked second with $24 Mn in funding, followed by advanced hardware and technology at $10 Mn. Edtech and healthtech secured $9 Mn and $8 Mn, respectively.
Early-stage funding gained traction, with pre-seed and seed-stage startups collectively raising $12.5 Mn across nine deals.
3one4 Capital, Fireside Ventures, Prime Venture Partners and AJVC led investor activity, backing two startups apiece.
Startup M&A Updates Of The Week
Startup IPO Updates Of The Week
Swara Baby Products, a contract manufacturer of disposable hygiene products and a subsidiary of FirstCry parent Brainbees Solutions, received SEBI’s approval for its proposed ₹1,000 Cr IPO.
Snapdeal parent AceVector made a weak stock market debut at the start of the week, listing at 11.6% discount at ₹28.30 to its issue price of ₹32 per share
Dronetech startup AITMC Ventures filed its updated draft red herring prospectus (UDRHP) with SEBI for an IPO comprising a fresh issue of up to 3.5 Cr shares, with no offer for sale (OFS) component months after receiving regulatory go-ahead
Other Developments Of The Week
IPO-bound study abroad platform Leverage Edu is looking to raise ₹500 Cr in a pre-IPO funding round to bring a large private equity firm onto its cap table, sources told Inc42.
Frontier AI research startup FYDY (Fuzzy Dynamics), which is operating in stealth mode, is in advanced talks to raise $12 Mn (about ₹115 Cr) in its maiden funding round. Lightspeed Venture Partners and General Catalyst are co-leading the round, sources told Inc42.
Nabventures, the venture capital arm of the National Bank for Agriculture and Rural Development (NABARD), announced the first close of its second fund at ₹450 Cr, with a target corpus of ₹1,500 Cr, including a greenshoe option.
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