• Startup Pulse
    altM raises $10.3 million in a Series A round led by Rainmatter by Zerodha and Mela Ventures, with Omnivore, Theia Ventures, Aureolis Ventures, Spectrum Impact and strategic angel investors participating. Venomics AI raises $2.7 million in a pre-seed round co-led by Speciale Invest and South Park Commons, with Operators Studio participating. EloElo Group raises $80 million in a Series C round led by Hornbill Capital and NBCUniversal, with MIT Investment Co. and existing investors participating. Peppermint Robotics raises ₹100 crore (approximately $10.5 million) in a Pre-Series B round led by pi Ventures and Crane Venture Partners, with Asiana Fund participating. Traversal raises $120 million in a Series B round at a $1 billion valuation, led by Kleiner Perkins, Redpoint and Khosla Ventures, with Sequoia Capital, Battery Ventures and Amex Ventures participating. GIVA raises over $100 million in a round led by Multiples Alternate Asset Management. The Croffle Guys raises ₹14 crore in a round led by V3 Ventures, with N.A.N Partners participating. Solgram raises over $1 million in a pre-seed round led by DSG Consumer Partners and Saama Capital, with Kapil Chopra participating. Sachin Tendulkar makes a strategic investment in Metasports Interactive, the company behind Hitwicket. The amount was not disclosed. Hyeglo Beauty raises ₹7 crore in a round led by Sauce, with Giga Capital, Consumer Collective, Reckitt's Arjun Purkayastha and The Patient Capital participating. altM raises $10.3 million in a Series A round led by Rainmatter by Zerodha and Mela Ventures, with Omnivore, Theia Ventures, Aureolis Ventures, Spectrum Impact and strategic angel investors participating. Venomics AI raises $2.7 million in a pre-seed round co-led by Speciale Invest and South Park Commons, with Operators Studio participating. EloElo Group raises $80 million in a Series C round led by Hornbill Capital and NBCUniversal, with MIT Investment Co. and existing investors participating. Peppermint Robotics raises ₹100 crore (approximately $10.5 million) in a Pre-Series B round led by pi Ventures and Crane Venture Partners, with Asiana Fund participating. Traversal raises $120 million in a Series B round at a $1 billion valuation, led by Kleiner Perkins, Redpoint and Khosla Ventures, with Sequoia Capital, Battery Ventures and Amex Ventures participating. GIVA raises over $100 million in a round led by Multiples Alternate Asset Management. The Croffle Guys raises ₹14 crore in a round led by V3 Ventures, with N.A.N Partners participating. Solgram raises over $1 million in a pre-seed round led by DSG Consumer Partners and Saama Capital, with Kapil Chopra participating. Sachin Tendulkar makes a strategic investment in Metasports Interactive, the company behind Hitwicket. The amount was not disclosed. Hyeglo Beauty raises ₹7 crore in a round led by Sauce, with Giga Capital, Consumer Collective, Reckitt's Arjun Purkayastha and The Patient Capital participating.
  • India Weekly Funding Tracker: Indian Startups Raise $126 Million Between May 1 and May 7, 2026

    India Weekly Funding Tracker Sahyadri Startups

    Pune: India’s startup ecosystem recorded $126 million in funding during the week of May 1 to May 7, 2026, according to the latest India Weekly Funding Tracker released by Sahyadri Startups in collaboration with Tracxn.

    The India Weekly Funding Tracker highlighted a 22.51% decline in weekly funding compared to the previous week, which had recorded $163 million in startup investments.

    Despite the weekly dip, the India Weekly Funding Tracker showed that funding activity remained significantly higher than the $31.7 million raised during the week of April 17 to April 23, 2026. The current period reflected a 298.48% increase compared to that earlier week.

    Also Read: Karnataka Tech Funding Q1 2026 Hits $868M Despite Deal Slowdown, Seed Investments Surge

    India Weekly Funding Tracker: Seed, Early-Stage and Late-Stage Funding Trends

    The India Weekly Funding Tracker showed changing dynamics across funding stages during the reporting period.

    For the week of May 1 to May 7, 2026:

    • Late-stage funding accounted for 47.5% of total investments.
    • Early-stage funding contributed 31.9%.
    • Seed-stage funding made up 20.6%.

    In comparison, during the previous week of April 24 to April 30, 2026:

    • Early-stage funding dominated with 61.9%.
    • Late-stage funding stood at 34.4%.
    • Seed-stage funding contributed 3.7%.

    The week of April 17 to April 23, 2026, had seen seed-stage funding contributing the highest share at 72.6%, while late-stage funding accounted for 27.4%.

    India Weekly Funding Tracker: Skyroot Aerospace Leads Weekly Funding Deals

    According to the India Weekly Funding Tracker, space-tech startup Skyroot Aerospace emerged as the largest funding deal of the week after securing $60 million.

    Other major funding rounds during the week included:

    • Pronto — $20 million
    • XCaliber — $6.5 million
    • BigEndian — $6 million
    • CHOSEN — $5 million
    • Tsavorite Scalable Intelligence — $5 million
    • Aurm — $4.4 million
    • Kisah — $3.8 million
    • Alphadroid — $3.8 million
    • Jurisphere — $2.2 million

    The India Weekly Funding Tracker also highlighted continued investor participation from active venture capital firms.

    Also Read: Ecofy Secures $15 Million from Mirova to Scale Rooftop Solar and E-Mobility Financing

    India Weekly Funding Tracker: Most Active Venture Capital Firms

    The report identified the following firms among the most active investors during the week:

    • Alkemi Growth Capital — investments in CHOSEN, Nowound and Alphadroid
    • Fireside Ventures — investments in Kisah and CHOSEN
    • Pavestone Capital — investment in Tsavorite Scalable Intelligence
    • IPOs and Acquisitions

    The India Weekly Funding Tracker noted that the current period saw one acquisition and no tech IPOs.

    The acquisition recorded during the week was:

    • Le Mill acquired by Burgundy Brand Collective on May 1, 2026

    The tracker further showed that the previous week had witnessed three acquisitions, while the week before that recorded one acquisition.

    Funding Trend Over the Last 12 Months

    The India Weekly Funding Tracker also mapped monthly startup funding trends over the past year.

    Monthly funding volumes recorded were:

    • June 2025 — $1004 million
    • July 2025 — $913 million
    • August 2025 — $1275 million
    • September 2025 — $873 million
    • October 2025 — $1343 million
    • November 2025 — $617 million
    • December 2025 — $761 million
    • January 2026 — $1096 million
    • February 2026 — $1148 million
    • March 2026 — $2062 million
    • April 2026 — $566 million
    • May 2026 (till May 7) — $126 million

    The analysis considered only equity rounds and technology companies.

    Author

    • Salil Urunkar

      Salil Urunkar is a senior journalist and the editorial mind behind Sahyadri Startups. With years of experience covering Pune’s entrepreneurial rise, he’s passionate about telling the real stories of founders, disruptors, and game-changers.

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