From River Mobility To BlissClub — Indian Startups Raised $274 Mn This Week

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Indian startup funding picked pace in the first week of August, with 22 startups cumulatively raising $274.4 Mn. This marks a 74% uptick from the $142.3 Mn raised across 11 deals in the previous week. Funding Galore: Indian Startup Funding Of The Week Date Name Sector Subsector Business Model Funding Round Size Funding Round Type Investors Lead Investor 5 Aug 2026 River Mobility Clean Tech Electric Vehicles B2C $120 Mn Series C Elev8 Venture Partners, Claypond Capital, Singularity AMC, Anicut Capital, 360 ONE Asset, JIIF, HDFC AMC, Yamaha Motor Corporation, Al Futtaim Group, Mitsui & Co Elev8 Venture Partners, Claypond Capital 5 Aug 2026 InRisk Labs Fintech Insurtech B2C $27 Mn Series A Bessemer Venture Partners, Northpoint Capital Bessemer Venture Partners, Northpoint Capital 7 Aug 2026 BlissClub Ecommerce D2C B2C $16.8 Mn - Singularity AMC, Elevation Capital, Eight Roads Ventures, Minu Margeret (BlissClub), Vidit Aatrey (Meesho) Singularity AMC 3 Aug 2026 Matel Motion & Energy Solutions Clean Tech Electric Vehicles B2B $13.6 Mn Series B UC Impower, Catamaran, Transition VC UC Impower 6 Aug 2026 HomeRun Consumer Services Quick Commerce B2B $12 Mn Series A Nexus Venture Partners, Sorin Investments, Titan Capital, Sparrow Capital, Consumer Collective by Atrium Nexus Venture Partners 7 Aug 2026 Mitti Labs Agritech Modern Farming B2B $9.5 Mn Series A Aramco Venture, Godrej Industries Group, Cisco Foundation, Volta Circle, Lightspeed India Aramco Venture 5 Aug 2026 Pinegap AI Application Layer B2B2C $8 Mn Series A Stellaris Venture Partners, Silicon Valley Quad, DeVC Stellaris Venture Partners 4 Aug 2026 Vaaree Ecommerce D2C B2C $6.8 Mn Series A Hero Enterprise, Cap Alpha Ventures Hero Enterprise, Cap Alpha Ventures 4 Aug 2026 GetVantage Fintech Lending Tech B2B $6.6 Mn Series A Rajeev Ahuja (ex-RBL Bank MD), SanRaj Group, Chiratae Ventures, Varanium Fintech Fund, VCMint Rajeev Ahuja (ex-RBL Bank MD), SanRaj Group 6 Aug 2026 Solinas Integrity Advanced Hardware & Technology Robotics B2B, B2G $5.5 Mn Series A Mela Ventures, Hero Enterprise Family Office, Luthra Group, SBI Ventures Limited, Rainmatter Capital, 8X Ventures Mela Ventures, Hero Enterprise Family Office 4 Aug 2026 Superleap AI Application Layer B2B $4.2 Mn Pre-Series A Surge (Peak XV Partners) Surge (Peak XV Partners) 4 Aug 2026 Kily AI Application Layer B2C $3.2 Mn - Sorin Investments, Razorpay, Wyser Capital Sorin Investments 5 Aug 2026 Hulp AI Application Layer B2C $2.6 Mn Seed Sparrow Capital, BITKRAFT Ventures, DeVC, Yashish Dahiya (PB Fintech) Sparrow Capital, BITKRAFT Ventures 6 Aug 2026 Consint.AI AI Application Layer B2B $2.3 Mn Series A BIG Global Investment JSC, Equanimity Ventures Trust II, Seafund Venture India Scheme I. - 5 Aug 2026 Typsy Beauty Ecommerce D2C B2C $2.1 Mn - Saama Capital, Sanjay Kapoor (Genesis Luxury), SRF Family Office, Tanaaz Bhatia (Bottomline Media) Saama Capital 4 Aug 2026 Profound AI Application Layer B2C $1.5 Mn Seed Stellaris Venture Partners, 3one4 Capital, Sriharsha Majety (Swiggy), Nandan Reddy (Swiggy), Harshil Mathur (Razorpay), Kunal Shah (CRED), Bhuvan Gupta (OfBusiness), Pankaj Chaddah (Zomato) Stellaris Venture Partners, 3one4 Capital 4 Aug 2026 NYAI AI Application Layer B2B $1.5 Mn Seed - - 3 Aug 2026 RoadGrid Clean Tech Electric Vehicles B2B $1.4 Mn - Technology Development Board Technology Development Board 5 Aug 2026 Vingo Ecommerce Horizontal Marketplace B2C $1.2 Mn Seed IndiaQuotient, Inuka Capital, Rishabh Goel (Credgenics) IndiaQuotient 5 Aug 2026 Adiabatic Technologies Clean Tech Electric Vehicles B2B $872K Seed Malpani Ventures, Avinya Ventures, Appreciate Capital, UPES Incubator, DeVC, Operators Studio Malpani Ventures 4 Aug 2026 Zoppler Systems Advanced Hardware & Technology Defence Tech B2B, B2G $683K - Finvolve, India Accelerator Finvolve, India Accelerator 3 Aug 2026 UN:BLOC Health Tech - B2C - - Yuvraj Singh (cricketer) Yuvraj Singh Source: Inc42 Key Startup Funding Highlights Of The Week On the back of the week's largest round, River Mobility's $120 Mn raise, cleantech emerged as the most funded startup segment of the week. Overall, four startups in the space bagged about $136 Mn. AI continued to be the most lucrative segment for founders, with seven startups raising $23.3 Mn during the week. Seed stage funding declined 35% week-on-week to $7.7 Mn, which was raised by five early stage ventures this week While early stage-focused VC firm, DeVC, was the most active investor of the week (backing three startups), Singularity AMC and Stellaris Venture Partners also backed two startups apiece. Startup M&As This Week Reliance Retail bought early-stage fashion discovery platform Furrl to expand AI styling options on its platform. Times Network acquired fintech startup OpiGo to expand its investor-focused financial services. Fintech SaaS startup Mintoak acquired Dubai-headquartered loyalty and rewards tech company ICC Loyalty to expand beyond merchant payments. Ahead of its planned ₹1,000 Cr IPO, Imarticus Learning acquired Singapore-based BELLS Institute of Higher Learning for ₹800 Cr. Startup IPO Updates Of The Week Logistics tech company LEAP India opened its ₹2,480 Cr IPO for subscription on Friday. The public issue was subscribed 26% on the first day. After closing its ₹35 Cr IPO, shares of edtech Klassroom listed at a 7% premium on the BSE SME platform. The shares of the company ended the day at ₹166.75, up around 5% from the issue price of ₹159. The SEBI cleared IPOs of Garuda Aerospace, PlaySimple Games and Rediff this week. Shiprocket filed its RHP to raise ₹1,617 Cr via its IPO, a 30% reduction from the ₹2,342.3 Cr proposed in its updated DRHP. The issue will open on August 12 and close on 14. Other Developments Of The Week Nazara's board has approved raising up to ₹733.5 Cr via a preferential issue of equity shares to fund strategic acquisitions. Incoming CEO Raymond Albaladejo Stauffer will invest about ₹583.5 Cr as part of the issue. Spacetech unicorn Skyroot Aerospace has invited bids from investors for a mega $200 Mn fundraise at a valuation of $2 Bn. This marks a nearly 80% jump from $1.1 Bn at which the startup was last pegged in May this year. Zanskar is looking to raise about $6 Mn in a fresh funding round led by Bessemer Venture Partners. Inc42 has also learnt that AC manufacturing startup Optimist is in discussions to raise $10 Mn from TDK Ventures. Asset management firm Piper Serica has marked the first close of its ₹800 Cr Bharat Tech Fund at ₹300 Cr.

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