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)
| 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 | Chirata 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 | STORY | 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 | Curiosity Ventures | Curiosity 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 | The rock | 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 Ground Collective) |
Sunaina Bhattacharya (Ground Collective), Anuj Dhariwal (New Ground 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 |
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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.