Pune: Sahyadri Startups Weekly Tracker shows that India’s startup ecosystem recorded $106 million in funding during 17 Jul-23 Jul, 2026, marking a sharp decline from the previous week, according to data presented in collaboration with Tracxn.
The Sahyadri Startups Weekly Tracker indicates that funding dropped 68.3% compared with the previous week (10 Jul-16 Jul, 2026), when startups had raised $335 million.
Funding was also down 53.0% compared with 03 Jul-09 Jul, 2026, when total funding stood at $226 million.
Funding Trend
As per the Sahyadri Startups Weekly Tracker, the funding trend across the last three weeks was:
- 03 Jul-09 Jul, 2026: $226 million
- 10 Jul-16 Jul, 2026: $335 million
- 17 Jul-23 Jul, 2026: $106 million
The current period therefore represents the lowest funding total among the three weeks tracked.
Stage-Wise Funding Trend
The Sahyadri Startups Weekly Tracker highlights a significant shift in stage-wise funding allocation during the current week.
- 03 Jul-09 Jul, 2026
- Seed-stage funding: 7.5%
- Early-stage funding: 18.2%
- Late-stage funding: 74.3%
- 10 Jul-16 Jul, 2026
- Seed-stage funding: 1.8%
- Early-stage funding: 10.6%
- Late-stage funding: 87.6%
- 17 Jul-23 Jul, 2026
- Seed-stage funding: 4.1%
- Early-stage funding: 23.9%
- Late-stage funding: 72.0%
The Sahyadri Startups Weekly Tracker shows that late-stage companies continued to account for the majority of capital deployed during the current period.
Also Read: Cascade Raises $3.5M From Andreessen Horowitz Speedrun and Other Investors
Top Funding Deals
According to the Sahyadri Startups Weekly Tracker, the largest funding rounds announced during 17 Jul-23 Jul, 2026 were:Company Funding VERIQUS $40.1M Neo Group $36.3M Plazza $15.0M Ekkaa $10.4M Mandrake Bio $1.9M Bioscan Research $1.0M Hop $0.8M Sort My Prep $0.4M Fire AI $0.3M Bringgg $0.04M
The Sahyadri Startups Weekly Tracker identifies VERIQUS as the week’s largest funding round at $40.1 million.
Most Active Venture Capital Firms
The Sahyadri Startups Weekly Tracker lists the following investors as the most active VCs during the current period:
- Norwest – round: VERIQUS
- Peak XV Partners – round: Neo Group
- Nexus Venture Partners – round: Plazza
These firms were associated with the three largest institutional rounds tracked during the week.
IPOs and Acquisitions
Data from the Sahyadri Startups Weekly Tracker shows a slowdown in exit activity during 17 Jul-23 Jul, 2026.
Current Period
- IPOs: 1
- Acquisitions: 0
Previous Week
- IPOs: 1
- Acquisitions: 3
Last-to-Last Week
- IPOs: 0
- Acquisitions: 5
The Sahyadri Startups Weekly Tracker notes that this week saw no acquisitions and only one tech IPO.
It further states: “IPO: Sotefin was the only company that went public this week.”
Funding Trend Over the Last 12 Months
The Sahyadri Startups Weekly Tracker also provides a 12-month view of India’s equity funding environment for tech companies:Month Funding Aug 2025 $1,320M Sep 2025 $928M Oct 2025 $1,402M Nov 2025 $661M Dec 2025 $831M Jan 2026 $1,188M Feb 2026 $1,206M Mar 2026 $2,045M Apr 2026 $674M May 2026 $649M Jun 2026 $1,749M Jul 2026 $853M
The Sahyadri Startups Weekly Tracker shows that March 2026 recorded the highest monthly funding at $2.045 billion, while July 2026 stood at $853 million at the time of the report.
A note accompanying the Sahyadri Startups Weekly Tracker states that the analysis considers only equity rounds and tech companies.





