• 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.
  • Who Got the Money? India Startup Funding Oct 30-Nov 5 Week Report Reveals 19 Deals

    India Startup Funding Oct 30 - Nov 5 Week

    Pune: India Startup Funding reached $133 million during the week of October 30 to November 5, 2026, marking a 26.68% increase compared with the previous week’s $105 million.

    The latest weekly funding tracker by Sahyadri Startups, in association with Tracxn, highlights a rise in startup investments, led by late-stage funding, which accounted for 60% of the total capital raised during the reporting period.

    The latest India Startup Funding figures indicate an improvement in investment activity compared with the previous week, when startups raised $105 million between October 23 and October 29, 2026.

    However, the current week’s funding remained 24.74% lower than the $177 million recorded between October 16 and October 22, 2026.

    India Startup Funding: Weekly Investment Trend

    Indian startups raised a combined $133 million between October 30 and November 5, 2026. This represented a week-on-week increase of 26.68% over the previous week’s funding total.

    The funding activity over the three reported periods was:

    • October 16–22, 2026: $177 million
    • October 23–29, 2026: $105 million
    • October 30–November 5, 2026: $133 million

    While India Startup Funding improved from the previous week, the latest figure was still below the $177 million raised during the October 16–22 period.

    India Startup Funding: Late-Stage Deals Account for 60% of Weekly Investments

    The stage-wise distribution of India Startup Funding showed a significant contribution from late-stage investments during the October 30–November 5 period.

    Of the total $133.18 million raised during the week:

    • Late-stage funding: $80 million, accounting for 60% of total funding.
    • Seed-stage funding: $29.26 million, accounting for 22% of total funding.
    • Early-stage funding: $23.93 million, accounting for 18% of total funding.

    Late-stage funding was the largest contributor to the week’s investment activity. The category recorded $80 million, compared with no reported late-stage funding in the previous week.

    Seed-stage funding increased slightly from $28.10 million in the previous week to $29.26 million in the current period. In contrast, early-stage funding declined from $77.04 million to $23.93 million.

    The tracker classifies Seed and Angel rounds as seed-stage funding, Series A and Series B rounds as early-stage funding, and Series C and above, private equity (PE), and unattributed rounds as late-stage funding.

    India Startup Funding: Eloelo Leads Weekly Deals With $80 Million

    Eloelo emerged as the largest fundraising deal in the latest India Startup Funding tracker, securing $80 million in a Series C funding round on November 4, 2026.

    The Bengaluru-based company provides consumer entertainment and AI-powered digital platforms.

    Its institutional investors include Hornbillcap, NBCUniversal, Mitimco, Play, Kalaari, Waterbridge and Griffingp. Hornbillcap and NBCUniversal were identified as lead investors.

    The other major funding deals recorded during the week were:

    1. Eloelo – $80 million: The company raised $80 million in a Series C round.
    2. altM – $10.3 million: The Bengaluru-based deep-tech biorefinery company raised $10.3 million in a Series A round. It converts agricultural waste into sustainable biomaterials. Rainmatter and Melaventures were among the investors, with Rainmatter and Melaventures identified as lead investors.
    3. Two Point O Capital – $10 million: The Mumbai-based company raised $10 million in a seed round. It provides financing solutions for energy transition projects and businesses. Transition Venture Capital led the round, with Omnivore also participating.
    4. PowerUp Money – $10 million: The Bengaluru-based company raised $10 million in a Series A round. It provides mutual fund portfolio management tools. Flourish Ventures led the round, with Peak XV, Accel, Blume, Kae Capital, 8iVC and DevC also participating.
    5. Armatrix – $7.1 million: The Bengaluru-based startup raised approximately $7.1 million in a seed round. It develops intelligent robotic arms for confined industrial space operations. Crane was identified as the lead investor.
    6. Cosmoserve Space – $6 million: The Hyderabad-based space technology startup raised $6 million in a seed funding round. It develops active debris removal technology and provides active debris removal (ADR) services. Rebright Partners led the round, with Aranya Holdings Venture, Naandi Ventures, AUM VC and Shakti VC participating.
    7. Venomics AI – $2.7 million: The Bengaluru-based startup raised $2.7 million in a seed round. It is developing an artificial intelligence discovery platform that transforms venom-derived peptides into therapeutic drug candidates. Speciale Invest and South Park Commons were among the investors.
    8. Manastu Space – $2.31 million: The Mumbai-based company raised approximately $2.31 million in a Series A round. It develops green propulsion systems and debris collision avoidance technology.
    9. OneStack – $1.32 million: The Gurugram-based company raised approximately $1.32 million in a Series A round. It provides technology solutions across banking, payments, investments, insurance and lending.
    10. Solgram – $1 million: The Gurugram-based premium online grocery delivery platform raised $1 million in a seed round. DSGCP and Saama participated in the funding round.

    Other companies that secured funding during the week included Hyeglo Beauty, Dispatch Network, Obsess, Cellegant Energy Systems, Eco Path Innovations, augurai, Qiroko, HitWicket and Shortgun Games.

    Among these deals, HitWicket and Shortgun Games raised undisclosed amounts through angel funding rounds.

    India Startup Funding: Omnivore Leads Among Active Venture Capital Firms

    Omnivore emerged as the most active venture capital firm in the latest India Startup Funding tracker, participating in two funding rounds during the reporting week.

    The firm invested in altM and Two Point O Capital.

    Flourish Ventures participated in one funding round, investing in PowerUp Money. Crane Venture Partners also participated in one round, investing in Armatrix.

    The three most active venture capital firms identified in the tracker were:

    • Omnivore: Two funding rounds – altM and Two Point O Capital.
    • Flourish Ventures: One funding round – PowerUp Money.
    • Crane Venture Partners: One funding round – Armatrix.

    India Startup Funding: One Acquisition and Two IPOs Recorded

    The latest India Startup Funding tracker also recorded three exit-related developments between October 30 and November 5, 2026. These included one acquisition and two initial public offerings (IPOs).

    Acquisition: Simply Nam acquired by Nykaa

    Simply Nam was acquired by Nykaa on November 4, 2026. Founded in 2020 and based in Thane, Maharashtra, Simply Nam is a retailer of vegan and cruelty-free beauty products. The acquisition price was not disclosed in the tracker.

    IPOs: SFC and Wiscon Industries go public

    Two companies, SFC and Wiscon Industries, went public on November 3, 2026.

    • SFC: Founded in 2004 and based in Navi Mumbai, SFC provides wastewater and solid waste treatment solutions. Its market capitalisation at IPO was approximately $340.89 million.
    • Wiscon Industries: Founded in 2022, the company manufactures televisions, washing machines, air coolers and air conditioners. Its market capitalisation at IPO was approximately $42.97 million.

    In comparison, the previous week, October 23–29, recorded three IPOs and one acquisition. During October 16–22, there were two IPOs and no acquisitions.

    India Startup Funding: Monthly Investment Trend Over the Last 12 Months

    The 12-month funding trend presented in the India Startup Funding tracker shows fluctuations in monthly investment activity between December 2025 and November 2026.

    March 2026 recorded the highest monthly funding during the period, with startups raising approximately $2.65 billion. June 2026 followed with approximately $1.80 billion, while January 2026 recorded $1.21 billion.

    The monthly funding figures presented in the tracker are:

    MonthTotal Funding
    December 2025$956 million
    January 2026$1.21 billion
    February 2026$1.15 billion
    March 2026$2.65 billion
    April 2026$473 million
    May 2026$664 million
    June 2026$1.80 billion
    July 2026$1.24 billion
    August 2026$966 million
    September 2026$782 million
    October 2026$615 million
    November 2026$131 million

    The November figure represents the partial period shown in the tracker, while the weekly report covers October 30 to November 5.

    Source: Sahyadri Startups Weekly Funding Tracker, in association with Tracxn | October 30–November 5, 2026. The tracker considers 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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