Pune: India startup funding surged 182.17% week-on-week to approximately $179.48 million during October 9–15, 2026, compared with $63.61 million raised in the previous week, according to the latest Weekly Funding Tracker by Sahyadri Startups and Tracxn.
A total of 19 funding rounds were recorded during the week, compared with 18 rounds between October 2 and October 8.
Despite the sharp week-on-week increase, India startup funding remained 10.31% lower than the $200.10 million raised between September 25 and October 1, 2026.
The latest figures reflect funding activity across equity rounds and technology companies.
Boldfit Leads India Startup Funding With $41.5 Million
Boldfit emerged as the largest funding recipient during the October 9–15 period, raising approximately $41.5 million in a Series B round.
Wealth Company and BharatValue Fund participated in the round, with Wealth Company listed as the lead investor.
GreenCell Mobility followed with $34.5 million raised in a Series D round. The company provides end-to-end electric mobility solutions, including electric bus operations and technology services.
Impact Fund Denmark was listed among its institutional investors.
Bengaluru-based Inner Sky Labs secured $30.9 million in a Series C round, with YourNest participating as an institutional investor and Keshav Murugesh listed among the angel investors.
The company develops neuro-symbolic foundation models for physical robotic control systems.
Nat Habit raised approximately $14.7 million in a Series C round led by Trident Group, with participation from BII Fund, Mirabilis Investment, Sharrp Ventures, PhySIS and Hero Family Office.
Spill Games received $10.5 million in a Series A round. The Bengaluru-based game developer and publisher counted Elevation Capital, Centre Court Capital and Peer Capital among its investors.
Makeo, Mesa School of Business and NeoGrowth Among Other Major Deals
Makeo raised $10 million in a Series D round, with Singularity AMC, DSP Family Office and Genesis Ventures participating. The company operates chains offering dental aligners and clinical skin and hair treatments.
Mesa School of Business secured approximately $8.9 million in a Series A round. Dharana and Elevation Capital participated in the investment.
The Bengaluru-based institution offers a 12-month, full-time postgraduate programme in startup leadership.
NeoGrowth raised approximately $8.8 million. The Mumbai-based digital credit platform provides financial solutions to underserved small and micro-retailers. FMO and LeapFrog Investments were listed among its institutional investors.
Other notable deals included NeoFleet, which raised $4 million in a seed round, and ThinkMetal, which secured approximately $2.8 million in a Series A round.
NeoFleet provides vehicle tracking and fleet management solutions, while ThinkMetal manufactures desktop 3D printers.
Additional funding rounds during the week included investments in Circle, RevRag, The Stack, Gramiyaa, OXG Space, Knocksense, B-Arm Medical Technologies, Zinara and Wud.
Late-Stage Investments Account for 55.1% of Funding
Late-stage transactions accounted for the largest share of India startup funding during the week. Companies in this category raised approximately $98.87 million, representing 55.1% of the total funding recorded between October 9 and October 15.
Early-stage funding amounted to approximately $65.58 million, accounting for 36.5% of the total. Seed-stage companies raised around $15.02 million, representing the remaining 8.4%.
The tracker classifies seed-stage funding as seed and angel rounds, early-stage funding as Series A and Series B rounds, and late-stage funding as Series C and above, private equity and unattributed rounds.
The distribution marks a change from the previous week, when early-stage funding accounted for approximately 81.7% of the total, while seed-stage funding contributed 18.3%. No late-stage funding was recorded in the tracker for October 2–8.
In comparison, the September 25–October 1 period was dominated by late-stage transactions, which accounted for 89.9% of the $200.10 million raised during that week.
Elevation Capital Among the Most Active Investors
Elevation Capital featured among the most active venture capital investors in the October 9–15 funding tracker. Its investments during the period included Spill Games and Mesa School of Business.
Dharana was also listed among the most active investors, with its participation in Mesa School of Business. Optiscape Network Holdings featured through its investment in Gramiyaa.
The investor activity reflects participation across businesses operating in gaming, business education and consumer products.
India Records One Acquisition and One Technology IPO
India recorded one acquisition and one technology initial public offering (IPO) during the October 9–15 period, according to the tracker.
SaaS management and access management company Zluri was acquired by Info-Tech Research Group on October 14, 2026.
The acquisition price was not disclosed. Founded in 2020, Zluri provides software-as-a-service management, access management and access review solutions.
Algo8 was the only company to go public during the week. The industrial artificial intelligence company, founded in 2016, operates in the energy and manufacturing sectors and has a presence in Noida and Houston.
Its market capitalisation at the time of the IPO was not disclosed in the tracker.
The previous comparison period, September 25–October 1, recorded two IPOs and one acquisition, while October 2–8 saw five IPOs and two acquisitions.
India Startup Funding Over the Last 12 Months
The tracker’s 12-month funding chart recorded monthly totals of $796 million in November 2025, $790 million in December 2025, $1.273 billion in January 2026, $1.182 billion in February 2026 and $2.414 billion in March 2026.
Funding subsequently stood at $668 million in April, $791 million in May, $1.407 billion in June, $1.225 billion in July, $973 million in August and $775 million in September 2026. October 2026 recorded $248 million in the chart.
The monthly figures provide a broader view of India startup funding activity alongside the weekly changes captured in the tracker.
Note: The tracker considers equity funding rounds and technology companies.
Also Read: India Startup Funding Falls to $61.65 Million Across 16 Deals in October 2-8 Week
