Indian startups raised $122.9 million across 25 deals between Oct 5 and Oct 9, 2026 — a 47.4% drop from the $233.6 million raised in the prior week, per Inc42's weekly tally. Ecommerce dominated, attracting $63.9 million across nine deals, followed by fintech, healthtech, edtech, AI and cleantech.

The week's top deals:

  • DailyObjects — $34.3 million Series C on Oct 8, led by Xponentia Capital Partners, Anicut Capital and Axiom Asia Private Capital
  • Lumio — $12 million Series A on Oct 7, with Blume Ventures, Stellaris Venture Partners and 3one4 Capital
  • Beyond Appliances — $10.4 million Series B on Oct 6, backed by Fireside Ventures and Dharana Capital
  • StockGro — $10.4 million Series B on Oct 6, with BITKRAFT Ventures, Aditum Venture Capital Fund, India SME Growth Fund and Sunil Shetty
  • Quanfluence — $10 million on Oct 7 from Chiratae Ventures, Rainmatter and Pi Ventures
  • byteXL — $9 million from Elevar Equity, Kalaari Capital and the Michael & Susan Dell Foundation
  • NeoGrowth — $8.7 million on Oct 9, led by FMO and LeapFrog Investments
  • Sunfox Technologies — $7 million Series A (Ashish Kacholia, Lashit Sanghvi, Alchemy Capital, 3one4 Capital)
  • KISAH — $3.7 million Series A on Oct 9, led by Fireside Ventures
  • Zomint — $3.7 million seed from Lightspeed and Prime Venture Partners
  • Desible.ai — $3.3 million seed from Prime Venture Partners and Invention Engine

Why it matters for founders

Even in a down week, the spread tells the story: consumer, fintech, deeptech and AI all drew cheques. Weekly totals fluctuate, but breadth across 25 deals means capital is available for founders with real traction — sector fashions change, solid businesses still get funded.