Between August 3 and August 8, 2026, as many as 23 Indian startups from diverse sectors raised over $252.03 million in funding from investors. That is 216% up week-on-week from $79.79 million logged the previous week, when Arboreal Bioinnovations raised $24.09 million.
Bengaluru-based electric two-wheeler maker River Mobility topped this week’s chart with a $120 million round from Elev8 Venture Partners and Claypond Capital, accounting for nearly 48% of the week’s total capital.
The sectors that got funded this week include EV, Legaltech, Proptech, AI, Enterprise AI, Healthtech, Fintech, Foodtech, Batteries, Concierge, Cosmetics, Quickcommerce, Marketplace, Robotics, Insurtech, Defencetech, Climatetech, Sportstech.
2026 so far
$8.20B
So far in 2026, Indian startups have raised $8.2 billion across 590 rounds. This week’s $252 million adds to that total, with only two rounds crossing the $20 million mark. Funding this year continues to come mostly through smaller, frequent rounds rather than a few large ones.
Three-week trend
Weekly funding rose sharply after two quieter weeks, from $163.96 million between July 20-25 to $79.79 million between July 27 and August 1, before jumping to $252.03 million between August 3 and 8. This week’s total is more than three times last week’s figure and the highest of the three.
Between August 3 and August 8, 2026, as many as 23 Indian startups from diverse sectors raised over $252.03 million in funding from investors. That is 216% up week-on-week from $79.79 million logged the previous week, when Arboreal Bioinnovations raised $24.09 million.
Bengaluru-based electric two-wheeler maker River Mobility topped this week’s chart with a $120 million round from Elev8 Venture Partners and Claypond Capital, accounting for nearly 48% of the week’s total capital.
The sectors that got funded this week include EV, Legaltech, Proptech, AI, Enterprise AI, Healthtech, Fintech, Foodtech, Batteries, Concierge, Cosmetics, Quickcommerce, Marketplace, Robotics, Insurtech, Defencetech, Climatetech, Sportstech.
2026 so far
$8.20B
So far in 2026, Indian startups have raised $8.2 billion across 590 rounds. This week’s $252 million adds to that total, with only two rounds crossing the $20 million mark. Funding this year continues to come mostly through smaller, frequent rounds rather than a few large ones.
Three-week trend
Weekly funding rose sharply after two quieter weeks, from $163.96 million between July 20-25 to $79.79 million between July 27 and August 1, before jumping to $252.03 million between August 3 and 8. This week’s total is more than three times last week’s figure and the highest of the three.
Startup funding snapshot
The table below lists every startup that raised funding this week, along with the amount, stage, sector, investors and city. It covers all 23 rounds tracked between August 3 and August 8, 2026.
| Startup | Sector | Round | Amount | Lead investor(s) | HQ |
|---|---|---|---|---|---|
| River Mobility | EV | Series C | $120M | Elev8 Venture Partners, Claypond Capital | Bengaluru |
| InRisk Labs | Insurtech | Series A | $27M | Bessemer Venture Partners, Northpoint Capital | Ahmedabad |
| BlissClub | Sportstech | Undisclosed | $16.8M | Singularity AMC | Bengaluru |
| Matel Motion & Energy Solutions | EV | Series B | $13.65M | UC Impower | Pune |
| HomeRun | Quickcommerce | Undisclosed | $12M | Nexus Venture Partners | Bengaluru |
| Mitti Labs | Climatetech | Series A | $9.5M | Aramco Ventures | Bengaluru |
| Pinegap | Fintech | Series A | $8M | Stellaris Venture Partners | Bengaluru |
| Vaaree | Proptech | Series A | $6.82M | Hero Enterprise, Cap Alpha Ventures | Bengaluru |
| GetVantage | Fintech | Undisclosed | $6.61M | Rajeev Ahuja, SanRaj Group | Mumbai |
| Solinas Integrity | Robotics | Undisclosed | $5.5M | Hero Enterprise Partner Ventures, Mela Ventures | Chennai |
| Kaapi Machines | Foodtech | Undisclosed | $5.25M | Sedna HoReCa | Bengaluru |
| Superleap | Fintech | Pre Series A | $3.78M | Peak XV Partners Surge | Bengaluru |
| Kily | Enterprise AI | Undisclosed | $3.15M | Sorin Investments | Bengaluru |
| Hulp | Concierge | Seed | $2.6M | Sparrow Capital, BITKRAFT Ventures | Gurugram |
| Consint.AI | Insurtech | Series A | $2.31M | BIG Global Investment JSC, Equanimity, Seafund | Noida |
| Typsy Beauty | Cosmetics | Undisclosed | $2.1M | Saama Capital | Gurugram |
| NYAI | Legaltech | Seed | $1.5M | Family Offices | Pune |
| Profound | AI | Seed | $1.5M | Stellaris Venture Partners, 3one4 Capital | Bengaluru |
| RoadGrid | EV | Undisclosed | $1.36M | Technology Development Board (TDB) | Noida |
| Vingo | Marketplace | Seed | $1.05M | IndiaQuotient | Bengaluru |
| Adiabatic Technologies | Batteries | Seed | $0.87M | Malpani Ventures, Avinya Ventures | Pune |
| Zoppler Systems | Defencetech | Undisclosed | $0.68M | Finvolve, India Accelerator | Bengaluru |
| UN:BLOC | Healthtech | Undisclosed | – | Yuvraj Singh | Gurugram |
Amounts in USD as reported; rupee rounds converted at announcement rates. Articles linked per row.
Most active investors this week: Elev8 Venture Partners and Claypond Capital led River Mobility’s $120 million round, while Bessemer Venture Partners and Northpoint Capital backed InRisk Labs’ Series A. Stellaris Venture Partners, Sorin Investments, Singularity AMC and Hero Enterprise each backed two separate deals this week.
Where the money landed?
City-wise split of this week’s disclosed capital
The five biggest rounds
The top five raised about $189.45 million between them, roughly 75% of the week’s total.
River Mobility
River Mobility raised $120 million (about Rs 1146 crore) in a Series C round led by Elev8 Venture Partners and Claypond Capital. Singularity AMC, Anicut Capital, 360 ONE Asset, JIF Capital, HDFC AMC and existing investor Yamaha Motor Corporation also joined the round.
The Bengaluru-based company designs and manufactures electric two-wheelers, led by its flagship Indie scooter. The fresh capital will fund capacity expansion at its existing factory, a new greenfield plant, new products in the utility lifestyle segment and a push toward profitability.
InRisk Labs
InRisk Labs raised $27 million (about Rs 257.9 crore) in a Series A round led by Bessemer Venture Partners and Northpoint Capital. Its subsidiary EarthRe Insurance IFSC also received a reinsurance licence from IFSCA in GIFT City this week.
InRisk Labs builds technology for parametric insurance and reinsurance, while EarthRe operates as the licensed reinsurer that underwrites that risk. The new capital will strengthen underwriting, actuarial and AI capabilities, and fund expansion into new insurance segments.
BlissClub
BlissClub raised $16.8 million (about Rs 160.4 crore) in a round led by Singularity AMC. Founder Minu Margeret and Meesho co-founder Vidit Aatrey put in personal capital, alongside existing investors Elevation Capital and Eight Roads Ventures.
The Bengaluru-based athleisure brand has grown from women’s activewear into a broader omnichannel business with more than 40 stores. The fresh money will fund new product categories, offline expansion and product development.
Matel Motion & Energy Solutions
Matel Motion & Energy Solutions raised $13.65 million (about Rs 130.4 crore) in a Series B round led by UC Impower. Catamaran joined as a new investor while existing backer Transition VC also participated.
The Pune-based company makes energy-efficient motors, motor controllers and powertrains for EVs and industrial use. It will use the funding to expand manufacturing capacity, strengthen R&D and enter the electric commercial vehicle segment.
HomeRun
HomeRun raised $12 million (about Rs 114.6 crore) in a Series A+ round led by Nexus Venture Partners, with existing investors Sorin Investments, Titan Capital, Sparrow Capital and Consumer Collective by Atrium also joining.
The Bengaluru-based quick commerce platform delivers construction and interior materials to contractors and homeowners within 60 minutes. The money will go toward expanding to new cities and investing in supply chain and technology.
Emerging startups
Mitti Labs
Mitti Labs raised $9.5 million (about Rs 90.7 crore) in a Series A round led by Aramco Ventures, Saudi Aramco’s venture arm. The Bengaluru and New York-based climatetech startup helps rice farmers cut water use and methane emissions through alternate wetting and drying, and will use the funds to expand in India and launch projects in the Philippines and Indonesia.
Pinegap
Pinegap raised $8 million (about Rs 76.4 crore) in a Series A round led by Stellaris Venture Partners. The Bengaluru-based startup builds AI agents that automate equity research tasks for hedge funds and institutional investors, and will use the money to expand its sales and engineering teams.
Vaaree
Vaaree raised $6.82 million (Rs 65.1 crore) in a Series A round led by Hero Enterprise and Cap Alpha Ventures. The Bengaluru-based home décor marketplace will use the funds to expand its fulfilment network and build out its AI-powered styling platform, VibeCheck.
GetVantage · Solinas Integrity
GetVantage raised $6.61 million (Rs 63.1 crore) in a Series A1 round of equity and debt led by banking veteran Rajeev Ahuja and investment firm SanRaj Group. The Mumbai-based fintech connects small businesses with financing through its Capital Gateway platform, and the round takes its committed financing capacity past Rs 700 crore.
Solinas Integrity raised $5.5 million (Rs 52.5 crore) in a Series A1 round led by Hero Enterprise Partner Ventures and Mela Ventures. The Chennai-based robotics startup builds systems to inspect and maintain underground water and wastewater networks, and will use the funds to expand manufacturing and enter new states and markets.
Kaapi Machines · Superleap · Kily
Kaapi Machines raised $5.25 million (Rs 50.1 crore) from Sedna HoReCa, a B2B hospitality solutions provider. The Bengaluru-based coffee equipment supplier will use the partnership to expand its product portfolio, manufacturing and service infrastructure.
Superleap raised $3.78 million (about Rs 36.1 crore) in a pre-Series A round led by Peak XV’s Surge programme. The Bengaluru-based startup builds AI-native CRM software for large sales teams, and will use the funds to expand its enterprise sales operations.
Kily raised $3.15 million (Rs 30.1 crore) in a round led by Sorin Investments, with Razorpay and Wyser Capital also participating. The Bengaluru-based startup builds AI agents that manage digital commerce operations for consumer brands, and will use the capital to deepen its product and go-to-market efforts.
Where the money went
Disclosed capital by sector and stage
Mergers & Acquisitions
3 deals closed during the week
Imarticus Learning → BELLS Institute
Edtech company Imarticus Learning has acquired BELLS Institute. The deal’s financial terms were not released.
Mintoak → ICC Loyalty
Payments technology firm Mintoak has acquired ICC Loyalty. Financial details of the transaction were not released.
Nykaa → 51% stake in Aminu
Nykaa has acquired a 51% stake in Aminu. The size of the deal was not released.
Note: Totals reflect disclosed amounts as reported by startups, companies and filings. Funding Fusion is published weekly by the ISN Team.
