Sahyadri Startups Weekly Tracker Reports USD 106M Raised by Indian Startups in 17 Jul – 23 Jul 2026

Sahyadri Startups Weekly Tracker

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:

CompanyFunding
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:

MonthFunding
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.

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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