Indian startups raised about $142.3 Mn across 11 deals between July 25 and July 31, down about 32% from the $209.1 Mn raised across 14 deals in the previous week
AI was the top funded sector, attracting about $92.8 Mn across three deals
Omnivore was the only investor to back more than one startup this week, participating in both Arboreal Bioinnovations and Sid’s Farm’s funding round.
Indian startup funding cooled in the final week of July. Between July 27 and 31, Indian startups cumulatively raised about $142.3 Mn across 11 deals, down about 32% from the $209.1 Mn raised by 14 startups last week.
Funding Galore: Indian Startup Funding Of The Week (Jul 27 – 31)
| Date | Name | Sector | Subsector | Business Model | Funding Round Size | Funding Round Type | Investors | Lead Investor |
| 29 Jul 2026 | Freehand | AI | Application Layer | B2B | $75 Mn | – | Battery Ventures, NewRoad Capital Partners, PSP Growth, Nexus Venture Partners | Battery Ventures, NewRoad Capital Partners |
| 30 Jul 2026 | Arboreal Bioinnovations | Enterprise Services | Manufacturing Solutions | B2B | $24 Mn | Series A | EAAA Alternatives, Omnivore, Rainmatter | EAAA Alternatives, Omnivore |
| 31 Jul 2026 | Smallest.ai | AI | Application Layer | B2B | $13 Mn | Series A | Seligman Ventures, Sierra Ventures, 3one4 Capital | Seligman Ventures |
| 30 Jul 2026 | Sid’s Farm | Ecommerce | D2C | B2C | $8.5 Mn | Pre-Series B | Omnivore, Narotam Sekhsaria Family Office, Dodla Dairy, Next Bharat Ventures, Leaders for India Organisation | – |
| 29 Jul 2026 | Fixxly | Consumer Services | Quick Commerce | B2B | $5.5 Mn | Seed | Accel, Fireside Ventures, Lightspeed India Partners | Accel, Fireside Ventures, Lightspeed India Partners |
| 27 Jul 2026 | Omega Seiki Mobility | Clean Tech | Electric Vehicles | B2B, B2C | $5.2 Mn | – | Saket Aggarwal Family Office, Securocorp Securities, Sangeeta Pareekh (angel investor), Vanshika Sharma (angel investor) | – |
| 29 Jul 2026 | Revspot | AI | Application Layer | B2B | $4.8 Mn | Series A | Inflexor Ventures, Info Edge Ventures, Pentathlon Ventures, Silicon Road Ventures, Titan Capital | Inflexor Ventures, Info Edge Ventures |
| 30 Jul 2026 | SUIND | Advanced Hardware & Technology | Aerial Vehicles | B2B | $2.1 Mn | Seed | Transition VC, IIMA Ventures | Transition VC |
| 28 Jul 2026 | House of Student | Real Estate Tech | Listing & Discoveries | B2C | $2 Mn | Seed | Nirmitsu Ventures, Gautam Verlekar (angel), Glen Fernandes (New York Mellon), Richard McCallum (ex-UK India Business Council), Ali Moosa (Singapore Gulf Bank), Unilodgers | Nirmitsu Ventures |
| 30 Jul 2026 | Yaanendriya | Advanced Hardware & Technology | Internet Of Things (IoT) & Hardware | B2B | $1.6 Mn | Seed | Piper Serica | Piper Serica |
| 30 Jul 2026 | Truth & Hair | Ecommerce | D2C | B2C | $566K | Seed | Inflection Point Ventures | Inflection Point Ventures |
| Source: Inc42 | ||||||||
Key Startup Funding Highlights Of The Week
- AI was the top funded sector, attracting about $92.8 Mn across three deals.
- Omnivore was the only investor to back more than one startup this week, participating in both Arboreal Bioinnovations and Sid’s Farm’s funding rounds.
- Five startups at the seed stage raised about $11.8 Mn, led by Fixxly’s $5.5 Mn round, followed by SUIND ($2.1 Mn), House of Student ($2 Mn), Yaanendriya ($1.6 Mn) and Truth & Hair ($566K).
Startup IPO Developments Of The Week
Startup Fund Developments Of The Week
- Groww’s cofounders — Lalit Keshre, Ishan Bansal, Harsh Jain and Neeraj Singh — are reportedly planning to launch a venture capital fund with a target corpus of ₹400-500 Cr to back seed and early-stage startups, with a growing emphasis on AI and frontier technologies.
- Anicut Capital floated the Grand Anicut Seed Fund, its second early-stage vehicle, with a ₹175 Cr target corpus and a ₹75 Cr greenshoe taking it to ₹250 Cr. The Category I fund will back more than 20 startups across deeptech, enterprise tech, consumer and financial services with initial cheques of ₹5-8 Cr.
- Inflexor Ventures marked the first close of its ₹1,250 Cr Inflexor Technology Discovery Fund (Fund III) at ₹400 Cr.
Other Developments Of The Week
- The all-stock merger between upGrad and Unacademy neared completion at a final transaction value of ₹1,955 Cr, with Unacademy’s investors set to receive one board seat at upGrad.
- Menswear brand Snitch acquired D2C women’s fashion label Berrylush for an undisclosed sum, marking its entry into the women’s apparel segment.
- Deepinder Goyal’s wearables startup Temple saw its valuation almost double to $375 Mn through a secondary share sale and launched its first ESOP liquidity program.