Daily coverage of funding rounds, IPOs, policy and founder journeys across India's startup ecosystem.
Key announcements impacting the startup ecosystem
Bengaluru-based ride-hailing platform Rapido has raised $120 million in a Series F round led by WestBridge Capital, with participation from Nexus and Prosus, valuing the company at $2.4 billion.
Pune-based deeptech company Aeron Systems has raised ₹45 crore ($4.7 million) in a pre-Series B round jointly led by Riverwalk Holdings and MountTech Growth Fund to expand navigation-system manufacturing.
Gurugram indoor air-quality company YOGa Clean Air has raised ₹20 crore in a Series A led by Info Edge Ventures, with Deepinder Goyal and Three Words Capital participating.
RentoMojo has fixed the price band for its public issue while ESDS Software listed at a 76% premium, extending a strong run for new-age listings after Shiprocket’s August debut.
AI-first infant sleep company Cradlewise has raised $12 million in a Series A led by 3one4 Capital and Prudent Investment Management for product R&D and international expansion.
Kitchenware brand Cüraa, cofounded by Sanjyot Keer, has raised ₹40 crore in a Series A led by 3one4 Capital to expand product development, supply chain and omnichannel retail.
Mumbai-based logistics platform OORJAA has raised ₹9.7 crore ($1 million) in a Series A first close led by Equentis Angel Fund, with Inflection Point Ventures participating.
Indian startups closed 37 disclosed deals worth $506 million in the week to July 24, 2026, with electric mobility, travel tech and agentic AI absorbing more than two-thirds of the capital.
Bengaluru-based electric motorcycle maker Ultraviolette raised $95 million in a Series E round to expand manufacturing capacity to 180,000 units a year and accelerate European exports.
Hospitality software company Stayflexi raised $28 million in a Series B round to expand its property management and dynamic pricing platform to 20,000 independent hotels across India and Southeast Asia.
Indian startups closed 32 deals worth $418 million in the first week of July 2026, led by mega rounds in mobility, AI infrastructure and fintech, with late-stage capital returning to growth-stage names.
A continuously updated tracker of every Indian startup IPO in 2026 — DRHPs filed with SEBI, approvals, price bands, listing dates and post-listing performance, with the issue size for each.
Meesho opened India’s largest consumer-internet IPO of 2026 on July 26, seeking ₹5,400 crore at a valuation of about $9.8 billion, with anchor investors subscribing ₹2,380 crore a day earlier.
Groww reported ₹1,180 crore in Q1 FY27 revenue and ₹342 crore in profit after tax, with active NSE clients crossing 16 million as retail participation in equities continued to broaden beyond metros.
Zepto’s $1.2 billion IPO closed 12.4 times subscribed on July 24, with qualified institutional buyers bidding 21 times their allotted portion and retail at 4.8 times.
AI analytics firm Fractal filed its draft red herring prospectus for a ₹4,900 crore IPO on July 22, positioning itself as India’s first large-scale artificial intelligence services company to go public.
Quick-commerce major Zepto has filed its Draft Red Herring Prospectus with SEBI for a $1.2 billion IPO, comprising a fresh issue of $800M and an OFS of $400M, targeting a listing on BSE and NSE by late August 2026.
