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Weekly funding roundup

Indian startup funding this week

12–18 October 2026 · updated as rounds are reported

Indian startups announced 13 funding rounds so far in the week of 12–18 October 2026, disclosing about $185M across all of them.

The largest was RapidCanvas's $52.5M, led by Vertex Ventures.

Healthtech (3), AI & Machine Learning (2) and E-commerce (2) drew the most rounds, and Seed was the most common stage.

All rounds worldwide →

Rounds
13
Disclosed
~$185M
Largest
$52.5M
RapidCanvas
Top stage
Seed

Every round, biggest first

  1. $52.5M

    RapidCanvas

    AI agent platform

    Lead: Vertex Ventures

  2. ₹400 Cr

  3. ₹330 Cr

  4. ₹110 Cr

    Mesa School

    AI-first business curriculum

    Lead: Dharana Capital

  5. $10.5M

    Seed

    Spill Games

    mobile-gaming studio

    Lead: Elevation Capital · Bengaluru

  6. ₹90 Cr

    MakeO

    parent company of Toothsi

    Southeast Asia

  7. ₹36.5 Cr

    Seed

    NuSynth Technologies

    specialty chemicals startup

    Lead: Avaana Capital · Bengaluru

  8. ₹27 Cr

    ThinkMetal

    proprietary metal-forming technology

    Lead: IAN Alpha Fund · India

  9. ₹25 Cr

    Seed

    Circle

    pre-owned goods marketplace

    Lead: Nexus Venture Partners · Bengaluru

  10. ₹21.5 Cr

  11. ₹17 Cr

    OXG Space

    in-orbit 5G-like connectivity

    Lead: Aum Ventures · Bengaluru

  12. $1.1M

    Pre-seed

    CureMeAbroad

    Lead: SteerX Ventures · Bengaluru

  13. ₹3 Cr

    AdGraam

    AI-powered ad creative intelligence

    Lead: Umair Mohammad

By stage

Stage not stated9~$166M
Seed3~$17.5M
Pre-seed1~$1.1M

By sector

Healthtech3~$13.8M
AI & Machine Learning2~$52.8M
E-commerce2~$48.3M
Deep Tech2~$7.22M
Mobility & Transport1~$37.5M
Edtech1~$12.5M
Media & Entertainment1~$10.5M
Space & Aerospace1~$1.93M

Most active investors

Elevation Capital2~$23M

Where

Bengaluru5~$20.5M
India3~$43M
Southeast Asia1~$10.2M

Every week

How this is compiled

Each row is a funding round reported in a StartupReader brief that week; its amount, round, lead investor and place come from the brief's story card, which is checked against the brief's text. Follow a row to the brief and the outlets it credits. A round reported twice is counted once. Amounts are shown as reported; to add them up, other currencies are converted at fixed approximate rates (€1 = $1.16, £1 = $1.33, $1 = ₹88). Spotted a mistake? Tell us.