SUMMARY
Indian startups raised $233.6 Mn across 16 deals between September 28 and October 2, up 14.9% from $203 Mn in the previous week
Clean tech topped the funding charts this week, powered by electric two-wheeler (E2W) maker Simple Energy’s $180 Mn Series C round
Alteria Capital emerged as the most active investor, backing three startups
Funding momentum in the Indian startup ecosystem continued through the final week of September. Homegrown new-age tech ventures raised $233.6 Mn across 16 deals between September 28 and October 2. While funding rose 14.9% from the previous week, deal count declined 23.8%.
Funding Galore: Indian Startup Funding Of The Week [Sep 28 – Oct 2]
| Date | Name | Sector | Subsector | Business Model | Funding Round Size | Funding Round Type | Investors | Lead Investor |
| 30 Sep 2026 | Simple Energy | Clean Tech | Electric Vehicles | B2C | $180 Mn | Series C | Dr. Arokiaswamy Velumani Family Office, Haran Family Office, Amit Mishra (Angel Investor), Suhas Rajkumar (Simple Energy), Ankit Gupta (Simple Energy) | Dr. Arokiaswamy Velumani Family Office |
| 30 Sep 2026 | Gravity | Real Estate Tech | Real Estate Services | B2B | $15 Mn * | – | 3one4 Capital, Info Edge Ventures, Alteria Capital, Genesia Ventures | 3one4 Capital, Info Edge Ventures |
| 1 Oct 2026 | Seeds Fincap | Fintech | Lending Tech | B2B | $10.4 Mn | Series B | Michael & Susan Dell Foundation, Z47, Lok Capital, Norinchukin Capital, Alteria Capital | Michael & Susan Dell Foundation |
| 29 Sep 2026 | Balwaan Krishi | Agritech | Farmtech | B2B2C | $10.4 Mn | Series B | First Bridge India Growth Fund Private Equity | First Bridge India Growth Fund Private Equity |
| 30 Sep 2026 | Arivihan | Edtech | Digital Learning Platform | B2C | $10.2 Mn | Series A | Accel, Prosus Ventures, Dinesh Chandra Agrawal (Angel), Dinesh Gulati (Angel), Rajesh Sawhney (Angel) | Accel, Prosus Ventures |
| 30 Sep 2026 | EDT | Ecommerce | D2C | B2C | $2.4 Mn | Pre-Series A | Sauce.VC, Alteria Capital, Raul Rai (Nicobar), Atomberg Shibam Das (Atomberg), Arindam Paul (Atomberg), Ajith Pai (Delhivery), Anushree Tainwala (Samsonite SA) | Sauce.VC |
| 1 Oct 2026 | Banglore Watch Company | Ecommerce | D2C | B2C | $1.4 Mn | Seed | – | – |
| 28 Sep 2026 | Alive App | Consumer Services | Listing & Discovery Services | B2C | $1 Mn | – | Powerhouse Ventures, Flipkart Ventures | Powerhouse Ventures, Flipkart Ventures |
| 30 Sep 2026 | Vytalyou | Health Tech | In-Clinic Healthcare | B2C | $936K | Pre-Series A | Chetan Jain (Pharma Dose), Ratan Jain (Venus Industries) | – |
| 28 Sep 2026 | Primerry | Health Tech | Pharmaceutical | B2C | $738K | Pre-Seed | Ashish Kacholia (Lucky Investment Managers), Lashit Sanghvi (Sixth Sense Ventures), Mohit Sadaani (Angel), Hitesh Dhingra(Angel), Ajay Mehra (Angel), Samir Palod (Angel) | – |
| 1 Oct 2026 | Zaperon | Enterprise Tech | Horizontal SaaS | B2B | $728K | Seed | Inflection Point Ventures | Inflection Point Ventures |
| 1 Oct 2026 | Aignosis | Health Tech | Diagnostics | B2B | $416K | Seed | Antler, Nikhil Kamath (Zerodha), Varun Dua (Angel), IIMA Ventures | – |
| 1 Oct 2026 | Unveilr AI | AI | Application Layer | B2B | – | Pre-Seed | Aviral Bhatnagar (AJVC) | Aviral Bhatnagar (AJVC) |
| 29 Sep 2026 | FIG Living | Ecommerce | D2C | B2C | – | – | Aman Gupta (boAt) | Aman Gupta (boAt) |
| 28 Sep 2026 | Arovia Consumer | Ecommerce | Roll Ups | B2C | – | – | Fireside Ventures | Fireside Ventures |
| 28 Sep 2026 | Keploy | Enterprise Tech | Horizontal SaaS | B2B | – | – | Flipkart Ventures | Flipkart Ventures |
| Source: Inc42 *Mix of equity and debt |
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Key Startup Funding Highlights Of The Week
- Cleantech topped the funding charts this week, powered by the sole $180 Mn Series C round of electric vehicle (EV) maker Simple Energy.
- Proptech was the second-most funded sector this week as home interior startup Gravity bagged $15 Mn. Agritech and fintech followed at $10.4 Mn each, while edtech saw Arivihan raise $10.2 Mn.
- Ecommerce yet again led in deal activity, with four startups collectively raising $3.8 Mn.
- Early stage funding activity remained lukewarm this week as seed-stage and pre-seed startups raised $3.3 Mn across four deals.
- Alteria Capital emerged as the most active investor this week, backing three startups.
Startup Fund Updates Of The Week
Startup M&A Updates Of The Week
- ITC completed the acquisition of Yoga Bar’s parent Sproutlife Foods. The FMCG giant has picked up the remaining 52.5% stake for around ₹645 Cr, taking its total shareholding in the D2C healthy food brand to 100%.
Startup IPO Updates Of The Week
Other Developments Of The Week
