Startup funding in India on 29 October 2026 was led by deeptech and manufacturing, with six rounds announced and two listed new-economy companies posting sharp profit jumps. Here is the day in one place.
Funding rounds
Viridian Ingni Propulsion raised ₹1.47 crore pre-seed led by Inflection Point Ventures for end-to-end electric propulsion systems. Venttup raised $3 million pre-Series A co-led by Rainmatter and Unicorn India Ventures for precision manufacturing. Zorit (formerly Bijnis) raised nearly ₹27 crore led by Sparrow Capital for B2B quick commerce. Docterz raised ₹5 crore, nearly 60% from doctors on its own platform. Coratia Technologies raised ₹18 crore bridge led by MGF Kavachh to execute a ₹66 crore Navy contract. Ace Blend raised $9.91 million Series A2 led by 3one4 Capital for science-backed nutrition, and Manicule raised $1.3 million seed co-led by Y Combinator and Broom Ventures for AI-agent discoverability.
Profits, deadlines and listings
Pine Labs posted Q2 profit of ₹38.57 crore, up sixfold, on ₹806.19 crore revenue, while Shadowfax reported EBITDA of ₹100 crore, up 156%. CloudSEK Launchpad opened applications for cybersecurity startups until 20 November 2026, the same deadline as National Startup Awards 6.0. And Antala Industries opened a ₹23.33 crore SME IPO at ₹63–67 per share. Each story is covered in full elsewhere on this blog today.
Why it matters for founders
The pattern of 29 October is unmistakable: capital followed proof — contracts, pipelines, repeat buyers and profits — not promises. Founders raising next should bring the same evidence to the table.