Indian startup funding gathered momentum this week despite turbulent sentiment in the public markets due to the ongoing West Asia war. The world’s third largest startup ecosystem saw 25 funding deals worth $342.8 Mn materialise this week, surging 50% from the $228.4 Mn raised across 22 deals last week.
Funding Galore: Indian Startup Funding Of The Week [Mar 23 — 27]
| Date | Name | Sector | Subsector | Business Model | Funding Round Size | Funding Round Type | Investors | Lead Investor |
| 24 Mar 2026 | Euler Motors | Clean Tech | Electric Vehicles | B2B | $73.6 Mn | Series E* | Lightrock, Hero MotoCorp, Blume Ventures, BlackSoil, Trifecta Capital, InnoVen Capital, Alteria Capital | Lightrock |
| 25 Mar 2026 | Rocketlane | Enterprise Tech | Horizontal SaaS | B2B | $60 Mn | Series C | Insight Partners | Insight Partners |
| 24 Mar 2026 | CureFit | Health Tech | Fitness & Wellness | B2C | $47.2 Mn | Series G | Temasek | Temasek |
| 24 Mar 2026 | Swish | Foodtech | Food Delivery | B2C | $38 Mn | Series B | Hara Global, Bain Capital Ventures, Alteria Capital, Stride Ventures, Accel | Hara Global, Bain Capital Ventures |
| 25 Mar 2026 | Fullife Healthcare | Ecommerce | D2C | B2C | $32 Mn | Series D | Elev8 Venture Partners | Elev8 Venture Partners |
| 26 Mar 2026 | Deccan AI | AI | AI Infrastructure & Development | B2B | $25 Mn | – | A91 Partners, Susquehanna, Prosus | A91 Partners |
| 26 Mar 2026 | Plum | Fintech | Insurtech | B2B | $20.4 Mn | Series B | Peak XV Ventures, Tanglin Venture Partners, GMO Venture Partners | Peak XV Ventures |
| 24 Mar 2024 | Pranos Fusion | Clean Tech | Climate Tech | B2B | $6.8 Mn | – | pi Ventures, Ankur Capital, Industrial47, Lalit Keshre (Groww), Bhukhanwala Industries | pi Ventures, Ankur Capital |
| 23 Mar 2024 | Bidso | Enterprise Services | Mnaufacturing Solutions | B2B | $6.8 Mn* | Series A | Blume Ventures, Peer Capital, Sadev Capital, Alteria Capital | Blume Ventures |
| 24 Mar 2026 | OZi | Ecommerce | Vertical Marketplace | B2C | $6.2 Mn | Series A | RTP Global, Blume Ventures, Huddle Ventures, Zeropearl VC | RTP Global |
| 25 Mar 2026 | Burma Burma | Foodtech | – | B2C | $4 Mn | – | Negen Capital, Endurance Capital, Coheron Wealth | Negen Capital |
| 23 Mar 2026 | LetzRyd | Travel Tech | Booking Services | B2B | $4 Mn | – | JIF Capital, 15th Rock, UNLEASH Capital Partners | JIF Capital |
| 24 Mar 2026 | Kidbea | Ecommerce | D2C | B2C | $3.2 Mn | Series A | Enrission India Capital, Inflection Point Ventures, LetsVenture, FE Securities, Venture Catalysts, Nitish Mittersain (Nazara), Ritesh Malik (Innov8) | Enrission India Capital |
| 27 Mar 2026 | Uncia | Fintech | Fintech SaaS | B2B | $3 Mn | – | Pavestone VC | Pavestone VC |
| 26 Mar 2026 | ELMED Life Sciences | Health Tech | Lifescience | B2B | $2.7 Mn | Series A | AgriSURE Fund | AgriSURE Fund |
| 23 Mar 2026 | Finfinity | Fintech | Lending Tech | B2C | $2.4 Mn | Seed | Mankind Pharma Promoter Family Office, Vi-John Group, Sanjay Singhvi (Indus Capital), Bavadekar Reddy (Angel Investor), Malani Ventures | Mankind Pharma Promoter Family Office |
| 26 Mar 2026 | BeastLife | Ecommerce | D2C | B2B | $2.1 Mn | Pre-Series A | GVFL, Equentis | – |
| 25 Mar 2026 | Canvaloop | Clean Tech | Climate Tech | B2B | $1.5 Mn | – | GVFL, Rockstud Capital | – |
| 25 Mar 2026 | Novelty Wealth | Fintech | Wealth Tech | B2C | $1.4 Mn | – | IndiaQuotient | IndiaQuotient |
| 24 Mar 2026 | RN Kids | Ecommerce | D2C | B2C | $750K | Pre-Seed | Ashish Kacholia (Lucky Investment Managers), Lashit Sanghvi (Alchemy Capital), Mohit Sadaani (The Moms Co), Hitesh Dhingra (The Man Company), Ajay Mehra,Samir Palod (AUM Fund Advisors) | Ashish Kacholia, Lashit Sanghvi |
| 24 Mar 2026 | Workroom Automation | Enterprise tech | Horizontal SaaS | B2B | $655K | Seed | Equirus, Astir Ventures, Venture Catalysts Group,Bhavik Dholakia (Swatantra Wealth), Vishal Shah (Shah Invest), Dr. Varun Patel, Dr. Viraj Lavingia, Bhavin Sodavadiya (Bhagwat Realty) | Equirus |
| 26 Mar 2026 | Qweebi | Edtech | Digital Learning Platform | B2C | $500K | Seed | Inflection Point Ventures, Jeroen Tas(Mphasis), Arpit Jain (SplashLearn) | Inflection Point Ventures |
| 23 Mar 2026 | Raanro Interior Technology | Real Estate Tech | Real Estate Services | B2C | $422K | Pre-Seed | Stargazer Fund, Kunal Shah (CRED), Ankit Nagori (Curefoods), Gaurav Singh Kushwaha (BlueStone), Prashant Tandon (Tata 1MG), Gaurav Agarwal (Tata 1MG) | – |
| 25 Mar 2026 | Proxgy | Advanced Hardware & Technology | Internet Of Things (IoT) & Hardware | B2C | $211K | – | Riyan Parag (Cricketer) | Riyan Parag |
| 24 Mar 2026 | CuriousCats.ai | Media & Entertainment | Digital Content | B2C | – | Pre-Seed | Sachin Shenoy (Healthify),Tushar Vashisht (Healthify), Abhijit Khasnis (Healthify), Issac John (Ivory), Nikhil Moorjani (Angel Investor) | Sachin Shenoy |
| Source: Inc42 *Mix of Equity and Debt ** Part of a larger round |
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Key Startup Funding Highlights Of The Week
- Clean tech saw the greatest sectoral capital infusion of $82 Mn primarily at the behest of Euler Motors $73.6 Mn Series E haul. Besides, Pranos Fusion and Canvaloop also lapped up fresh investments this week.
- Ecommerce took the lead in terms of total deals. Five ecommerce startups raised a total of $44 Mn this week.
- Seed funding decreased 73% week on week to $3.5 Mn across six deals.
- Alteria Capital and Blume Ventures were the most active investors of the week, backing three startups apiece.
Fund Updates For The Week
- Early stage VC firm Pentathlon Ventures marked the final close of its second B2B tech fund at ₹255 Cr, marking a 43% undersubscription from target corpus of ₹450 Cr. With the fund, the VC firm aims to back 16-20 early stage B2B SaaS startups.
- Eternal backer Info Edge has allocated an investment of ₹250 Cr in its new early stage startup investment fund, A88 Fund I.
Startup IPO Updates Of The Week
- The SEBI cleared the confidentially filed draft IPO papers of education-focused SaaS startup Meritto. The company’s IPO is likely to comprise a fresh issue of shares worth in the range of ₹500-600 Cr and an offer for sale component that will see investors like Info Edge offload parts of their stake.
- Cashify picked ICICI Securities, JM Financial and Nomura as bankers for its ₹1,500-₹1,800 Cr IPO. The public listing will consist of fresh issues as well as offer for sale (OFS).
Other Developments Of The Week
- Ride- hailing company Namma Yatri acquired Netherlands-based mobility startup Automicle to enter the European market in an undisclosed financial deal.
- Inc42 learnt that quick pharma startup Plazza is in talks to raise $6 Mn in a fresh funding round from new investor Z47 as well as existing backers All In Capital and Better Capital.
- AI startup SarvamAI is reportedly in talks to raise up to $250 Mn in a fresh funding round from Nvidia, Accel and HCLTech at a valuation of around $1.5 Bn.
- DevX plans to raise its maiden round of funding worth ₹35 Cr from its cofounders and Infibeam subsidiary Infibeam Projects.
The post From Euler Motors To Rocketlane — Indian Startups Raised $343 Mn This Week appeared first on Inc42 Media.
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