Funding trends continued to remain subdued for the world’s third largest startup ecosystem this week. Between April 20 and 24, Indian startups managed to raise $39 Mn across 15 deals. This marked a 35% decline from last week’s $60 Mn lapped up across a similar number of deals last week.

This is the lowest weekly funds netted by Indian startups in 2026. Funding Galore: Indian Startup Funding Of The Week [April 20 — 24] Date Name Sector Subsector Business Model Funding Round Size Funding Round Type Investors Lead Investor 23 Apr 2026 LightFury Games Media & Entertainment Gaming B2C $11 Mn Pre-Series A Blume Ventures, V3 Ventures, MIXI, Times Internet, MS Dhoni, Jasprit Bumrah, Hardik Pandya, Shreyas Iyer, Ravindra Jadeja, Tilak Varma, Sai Sudharsan – 22 Apr 2026 M Real Estate Tech Real Estate Services B2C $8.8 Mn Seed Peak XV Partners, Blume Ventures, CRED – 23 Apr 2026 STCH Enterprise Services – B2B $5.5 Mn Pre-Series A Omnivore, Kae Capital, WVC Omnivore 22 Apr 2026 Spill Games Media & Entertainment Gaming B2C $3.1 Mn Seed Centre Court Capital, PeerCapital, All In Capital Centre Court Capital, PeerCapital 21 Apr 2026 NudgeBee AI Application Layer B2B $3 Mn Seed Kalaari Capital Kalaari Capital 21 Apr 2026 Lawyered AI Application Layer B2C $2.5 Mn Pre-Series A Rainmatter, Turbostart, Finvolve Rainmatter, Turbostart 21 Apr 2026 PrimeInvestor Fintech Investment Tech B2C $2.1 Mn Seed Rainmatter Rainmatter Capital 23 Apr 2026 Deep Algorithm AI Application Layer B2B $1.7 Mn Pre-Series A Unicorn India Ventures, SB Investment, Prakash Govindan (Gradiant), Himanshu Singhal (inMorphis India) Unicorn India Ventures 21 Apr 2026 CureMeAbroad Travel Tech – B2C $600K Pre-Seed Roman Saini (Unacademy), Himanshu Ratnoo (ex-CEO, Cars24 India), Kunal Gupta (EMotorad), Devaiah Bopanna (Moonshot), Vikrant Potnis (Indian Academy of Venture Capital) – 21 Apr 2026 Açaí Theory Foodtech QSR B2C $424K Seed All In Capital All In Capital 20 Apr 2026 Clarity Labs Ecommerce D2C B2C $424K Seed Artha Ventures Artha Ventures 20 Apr 2026 Khetika Ecommerce D2C B2C – – AYRA Ventures, NSFO, Anicut Capital AYRA Ventures 22 Apr 2026 Chupps Ecommerce D2C B2C – Pre-Series B Ajinkya Rahane (Cricketer) Ajinkya Rahane 20 Apr 2026 Panoculon Labs Advanced Hardware & Technology Internet Of Things (IoT) & Hardware B2C – Seed India Accelerator, Finvolve India Accelerator, Finvolve 21 Apr 2026 Digital Paani Clean Tech Climate Tech B2B-B2C – – AWE Funds AWE Funds Source: Inc42 Key Startup Funding Highlights Of The Week On the back of LightFury Games’ $11 Mn fundraise, media and entertainment segment emerged as the most funded startup sector this week.

Besides LightFury, Spill Games also raised $3.1 Mn. The highest number of deals materialised in the AI segment, with three startups cumulatively securing $7 Mn. Rainmatter and Finvolve were the most active investors this week.

Each investor backed 2 startups apiece. Seed-stage funding surged multifold to $17.8 Mn this week compared with $3.3 Mn raised bys startups at this stage last week. Other Developments This Week MTG-owned gaming studio PlaySimple Games filed DRHP for an OFS-only IPO of ₹3,150 Cr with SEBI.

Edtech startup Emversity acquired healthcare talent mobility platform Lanstitut Technologies for an undisclosed amount. Dhan parent Raise Financial Services acquired algo-trading platform Stratzy in a cash-and-stock deal. Razorpay is planning to file for an IPO via the confidential route to raise $600 Mn to $700 Mn at a valuation of $5 Bn to $6 Bn soon.