Indian startup funding momentum slowed down in the first week of April amid escalation in geopolitical tensions. Between March 30 and April 3, startups raised about $131.5 Mn across 18 deals. This marked a 62% decline from the $348.2 Mn raised across 25 deals last week.
Funding Galore: Indian Startup Funding Of The Week [Mar 30 — April 03]
| Date | Name | Sector | Subsector | Business Model | Funding Round Size | Funding Round Type | Investors | Lead Investor |
| 3 Apr 2026 | Noon | Enterprise Tech | Horizontal SaaS | B2B | $44 Mn | – | Chemistry, First Round Capital, Scribble Ventures, Elevation Capital, Afore Capital | Chemistry |
| 1 Apr 2026 | Palmonas | Ecommerce | D2C | B2C | $40 Mn | Series B | Xponentia Capital, Vertex Growth Fund, Vertex Ventures SE Asia & India | Xponentia Capital, Vertex Growth Fund |
| 31 Mar 2026 | Bachatt | Fintech | Investment Tech | B2C | $12 Mn | Series A | Accel, Lightspeed, Info Edge Ventures | Accel |
| 31 Mar 2026 | Gnani.ai | AI | Application Layer | B2B | $10 Mn | Series B | Aavishkaar Capital, Info Edge Ventures | Aavishkaar Capital |
| 1 Apr 2026 | NowPurchase | Ecommerce | Vertical Marketplace | B2B | $8.5 Mn | – | Bajaj Finserv, Info Edge Ventures, Orios Venture Partners, Real Ispat Group, S Four Capital partner Shikhar Raj, Madhur Gupta (Lloyds Group) | Bajaj Finserv |
| 30 Mar 2026 | Bacancy System | Enterprise Services | Manufacturing Solutions | B2B | $4.2 Mn | Series A | Sabre Partners, Greenstone Capital | Sabre Partners, Greenstone Capital |
| 2 Apr 2026 | Aquapulse | Agritech | Farmtech | B2C | $2.7 Mn | Series A | NABVENTURES | NABVENTURES |
| 1 Apr 2026 | Xovian Aerospace | Advanced Hardware & Technology | Spacetech | B2B | $2 Mn | – | Ashish Kacholia (Lucky Investment Managers) | Ashish Kacholia |
| 1 Apr 2026 | TenderCuts | Ecommerce | D2C | B2C | $2 Mn | Debt | Lakme Finance | Lakme Finance |
| 31 Mar 2026 | Sign3 | AI | Application Layer | B2B | $1.5 Mn | – | Cedar Hill Capital, Smile Group, Rajesh Sawhney (GSF), Dinesh Agarwal (IndiaMart), Anup Agarwal (Kiwi), Vinay Bagri (Niyo) | Cedar Hill Capital |
| 30 Mar 2026 | Cropcoin | Agritech | Agri-BioTech | B2C | $1.3 Mn | Pre-Series A | Unicorn India Ventures, Climate Angels | Unicorn India Ventures |
| 2 Apr 2026 | Navanc | Fintech | Fintech SaaS | B2B | $1.1 Mn | Pre-Series A* | Equentis, GrowthCap Ventures, Navin Kukreja (Paisabazaar), Gaurav Aggarwal (ex-Paisabazaar), Prasanna Rao (Arya.ag), Brigade REAP, Prarambh Ventures, IIMA Ventures, Inflection Point Ventures | Equentis |
| 1 Apr 2026 | Fanon | Media & Entertainment | Social Netwroking Platform | B2C | $1 Mn | Pre-Seed | Kalaari Capital, Gruhas | Kalaari Capital, Gruhas |
| 30 Mar 2026 | Epik | Consumer Services | Quick Commerce | B2C | $1 Mn | Pre-Seed | Info Edge Ventures, Anirudh Prasad (Angel Investor), Bhaskar Raju K (Angel Investor), Deepak K Gowda (Angel Investor), Vineet Jain (Angel Investor), Vedang Patel (Angel Investor) | Info Edge Ventures |
| 2 Apr 2026 | Gabify | Health Tech | Therapy | B2C | $175K | Pre-Seed | Inflection Point Ventures | Inflection Point Ventures |
| 1 Apr 2026 | InterCosmos | Advanced Hardware & Technology | Spacetech | B2B | – | – | IAN Group | IAN Group |
| 30 Mar 2026 | Kuku FM | Media & Entertainment | OTT | B2C | – | – | MS Dhoni | MS Dhoni |
| 1 Apr 2026 | CredResolve | Fintech | Lending Tech | B2B | – | Pre-Series A | Merak Ventures, Unleash Capital Partners, CDM Capital | Merak Ventures |
| Source: Inc42 *Part of a larger round |
||||||||
[/SC]
Key Startup Funding Highlights Of The Week
- Ecommerce topped the sectoral funding charts this week. Three ecommerce startups cumulatively bagged $50.5 Mn from investors like Xponentia Capital, Bajaj Finserv and Lakme Finance.
- Fintech segment also saw a similar number of deals materialise this week. Bachatt, Navanc and CredResolve netted over $13.1 Mn in cumulative funding this week.
- Three startups at the seed stage raised $2.2 Mn, down 27% from last week.
- InfoEdge Ventures emerged as the most active investor this week with four funding deals.
Other Developments Of The Week
- Garuda Aerospace, Zetwerk and Rediff filed for IPOs this week via the confidential route.
- Bajaj Finserv is mulling to launch a dedicated private equity fund focused on AI startups, along with plans to invest directly in early-stage AI startups through its own balance sheet
- RedTape parent Mirza International’s MD Tauseef Mirza acquired D2C brand Solethreads in an undisclosed financial deal.
- Fintech unicorn Dhan is in talks to acquire Bengaluru-based Infinyte Club to foray into the wealthtech segment. The acquisition is expected to be worth around $10 Mn.
- Zaggle’s board approved an investment of about ₹50 Cr in acquired fintech startup Rio.Money.
- Nazara is in talks to raise around $100 Mn in a pre-IPO round, cofounder Akshat Rathee told Inc42.
The post From Noon To Palmonas— Indian Startups Raised $132 Mn This Week appeared first on Inc42 Media.
https://ift.tt/z01X3Hr
0 Comments