Business

From Hosteller To GobbleCube— Indian Startups Raised $60 Mn This Week

By Samira Vishwas
SUMMARY

Fireside Ventures emerged as the most active investor this week, backing two startups – Unbound and Dev Milk Foods

Seed-stage funding crashed almost 86% to $3.3 Mn this week compared to $22.9 Mn last week

AI emerged as the most funded startup segment this week, with two startups raising $23 Mn in total

Funding activity in the Indian startup ecosystem took a sharp hit this week. Homegrown new-age tech companies collectively managed to raise just $60.4 Mn across 15 deals between April 13 and 17.

This marks an 83% week-on-week decline from $361.5 Mn raised across 23 deals in the previous week.

Funding Galore: Indian Startup Funding Of The Week (April 13 — 17)

DateNameSectorSubsectorBusiness ModelFunding Round SizeFunding Round TypeInvestorsLead Investor
16 Apr 2026HostelsTravel TechBooking ServicesB2C$16 MnSeries BPROMAFT Partners, V3 Ventures, ITI Growth Opportunities Fund, Merisis Wealth TrustPROMAFT Partners, V3 Ventures
15 Apr 2026GobbleCubeAIApplication LayerB2B$15 MnSeries ASusquehanna Venture Capital, Info Edge Ventures, Kae CapitalSusquehanna Venture Capital
18 Apr 2026HOCCOEcommerceD2CB2C$10.7 Mn–Sauce.vcSauce.vc
14 Apr 2026TraqCheckAIApplication LayerB2B$8 MnSeries AIvyCap Ventures, IIFLIvyCap Ventures
16 Apr 2026Aliste TechnologiesClean Tech–B2C$3.2 MnPre-Series ABig Global JSC, YourNest Venture Capital, Hbeon LabsBig Global JSC
16 Apr 2026IntellithinkAdvanced Hardware & TechnologyInternet Of Things (IoT) & HardwareB2B$1.8 MnSeedPentathlon Ventures, Anicut Capital, Veltis CapitalPentathlon Ventures
16 Apr 2026Sarla AviationAdvanced Hardware & TechnologyAerial VehicleB2B$1.1 Mn–IndiGo VenturesIndiGo Ventures
15 Apr 2026IvoryHealth TechDiagnosticsB2C$1 MnSeedDraper Associates, SAGE Venture Fund, MoSJE, IFCI Ventures, SIDBI–
16 Apr 2026UnboundEcommerceD2CB2C$862K–Fireside VenturesFireside Ventures
16 Apr 2026FIFTH SENSEEcommerceD2CB2C$679KPre-SeedOTP Ventures, Sadev Ventures, ISV Capital, Rohit Kapoor (Swigyy), Amit Damani (StayVista)OTP Ventures
15 Apr 2026SwageazyEcommerceD2CB2B$579K–Info Edge Ventures, OnGrid, HROneInfo Edge Ventures
16 Apr 2026Cohoma CoffeeEcommerceD2CB2B2C$539KSeedInflection Point Ventures, Swishin VCInflection Point Venture
15 Apr 2026HeliumReal Estate TechReal Estate ServicesB2C$539K–Albinder Dhindsa (Eternal), Kunal Shah (CRED), Pankaj Chaddah (Shyft), Mohit Gupta (COYU), Akriti Chopra (Eternal), Gunjan Patidar, Nitin Gupta (Uni Cards).
13 Apr 2026Smart GarageConsumer ServicesHyperlocal ServicesB2C$257KPre-Series A––
16 Apr 2026KingdomOfChessEdtechDigital Learning PlatformB2C$177K–BeyondSeed Angel Fund, Arjun Vaidya (V3 Ventures), Rakesh Amerneni (RevOptic), Jai Ostwal, Vikrant Potnis (FundEnable), FBSPL, Aeroflex EnterprisesBeyondSeed Angel Fund
13 Apr 2026Dev Milk FoodsEcommerceD2CB2C––Fireside Ventures, Narotam Sekhsaria Family Office–
Source: Inc42

Key Startup Funding Highlights Of The Week

  • The ecommerce sector minted six deals during the period under review, yet it managed to raise only $13 Mn in total. Ice cream brand HOCCO raised $10.7 Mn from Sauce.vc, which emerged as the largest deal in the segment this week
  • AI emerged as the most funded startup segment this week, with two startups raising $23 Mn in total.
  • Fireside Ventures emerged as the most active investor this week, backing two startups – Unbound and Dev Milk Foods.
  • Seed-stage funding crashed almost 86% to $3.3 Mn this week compared to $22.9 Mn last week.

Other Developments This Week

  • Ecommerce giant Flipkart is planning to raise a pre-IPO round of $2 Bn to $2.5 Bn from Indian as well as foreign investors.
  • The IndiaAI Mission has selected 10 homegrown AI startups for the second cohort of its ‘IndiaAI Startups Global Acceleration Programme’. The selected companies include Awiros, Flaunt, PredCo, SkyServe, among others.
  • Shadowfax acquired the remaining 10.41% stake in logistics company Criticalog India Private Limited, making it a wholly-owned subsidiary of the listed startup.

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