From LightFury Games To STCH — Indian Startups Raised $39 Mn This Week
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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.
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