Indian startup news on 13 October 2026
It covers new fund from BlackLane Capital and Fundamentum Frontier Advisors, funding for Bower School, Clueso, Empirical Machines, GreenCell Mobility and MakeO, results from CoinSwitch and acquisitions involving Freshworks. Sectors: Financial Services, Education & Skilling, Enterprise Software & IT, AI & Deep Tech and Mobility & Logistics. Stages: Pre-Series A, Series A, Seed and First close. Based in Hyderabad, Bengaluru, Mumbai and Chennai.
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BlackLane Capital · New fund · 13 October 2026 · $100MCoinSwitch Ventures rebrands as BlackLane CapitalCoinSwitch's investment arm now operates as BlackLane Capital, an independent firm, and widens its focus beyond Web3 to global early-stage companies - BS
Bower School · Funding · 13 October 2026 · ₹26.8 CrBower School raises ₹26.8 Cr pre-Series ABower School teaches entrepreneurship through education, mentorship and hands-on practice, and has supported over 150 startups - CL
Clueso · Funding · 13 October 2026 · $10MClueso raises $10M Series A led by DharanaClueso is an AI tool that lets companies produce and refresh videos for marketing, teaching customers, staff onboarding and training - CO
CoinSwitch · Results · 13 October 2026 · ₹324 Cr revenueCoinSwitch turns adjusted EBITDA positive in FY26CoinSwitch is an Indian cryptocurrency trading platform co-founded by Ashish Singhal - EMEmpirical Machines · Funding · 13 October 2026 · $15MEx-OpenAI researcher's startup eyes $15M raiseEmpirical Machines is an AI startup building tools to speed up scientific discovery, including work on chemical compounds
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Freshworks · Acquisition · 13 October 2026Freshworks to acquire SaaS manager ToriiFreshworks makes business software, including the AI-powered IT service desk product Freshservice
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Fundamentum Frontier Advisors · New fund · 13 October 2026 · ₹3,000 CrF2A raises ₹3,000 crore for AI deeptech fundFundamentum Frontier Advisors, called F2A, runs a growth-stage investment strategy focused on artificial intelligence and deeptech companies - GMGreenCell Mobility · Funding · 13 October 2026 · ₹330 CrGreenCell Mobility raises ₹330 crore for e-busesGreenCell Mobility runs electric buses across India and already has more than 1,600 of them deployed in cities and on intercity routes
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Indofast Energy · People · 13 October 2026Ex-DealShare chief Kamaldeep Singh joins Indofast as CEOIndofast Energy offers battery-as-a-service for electric vehicles, a joint venture of IndianOil and SUN Mobility - MA
MakeO · Funding · 13 October 2026 · ₹90 CrToothsi parent MakeO raises ₹90 croreMakeO, the company behind the Toothsi dental aligner brand, sells teeth-straightening treatment in India and is growing across southeast Asia - MS
Mesa School of Business · Funding · 13 October 2026 · ₹110 CrMesa School of Business raises ₹110 croreMesa School of Business is a Bengaluru institution running residential programmes in startup leadership and entrepreneurship for students and early-career… - MO
Moj · News · 13 October 2026Moj crosses 500 million Play Store downloadsMoj is a Bengaluru-based short-video app run by Mohalla Tech, launched in 2020 with a focus on regional Indian languages - NTNuSynth Technologies · Funding · 13 October 2026 · ₹36.5 CrNuSynth raises ₹36.5 crore seed fundingNuSynth Technologies, a Bengaluru startup, builds an AI and experimental-data platform that finds cheaper, cleaner ways to make complex chemicals
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Sarvam AI · Funding · 13 October 2026 · $250-300MSarvam in talks for fresh $300M at $3B valueSarvam builds AI models and applications in Indian languages for government bodies, banks and insurers across the country - SH
Shadowfax · Stake sale · 13 October 2026 · ₹157 CrQualcomm sells ₹157 Cr Shadowfax stakeShadowfax is a Bengaluru logistics company whose shares trade on the stock exchange after its listing - SU
Style Union · Funding · 13 October 2026 · ₹400-500 CrStyle Union in talks for ₹500 Cr roundStyle Union is a Mumbai-based fashion retail chain selling clothing for men, women and children through its own stores - TH
ThinkMetal · Funding · 13 October 2026 · ₹27 CrThinkMetal raises ₹27 Cr led by IAN Alpha FundThinkMetal makes metal additive manufacturing systems and its own filament for precision parts used in defence and aerospace
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Urban Company · News · 13 October 2026Urban Company board weighs fresh fundraiseUrban Company, the listed home services platform, will have its board meet on October 16 to consider raising money - WU
Wudhomes · Funding · 13 October 2026 · ₹2.5 Crwudhomes raises ₹2.5 Cr pre-seed from AJVCWudhomes sells custom sofas, accent chairs and tables, and wants to simplify how people furnish an entire home - ZO
Zoho · News · 13 October 2026Zoho pauses pay hikes as AI costs jumpZoho is a Chennai-based software company founded by Sridhar Vembu, known for running a large suite of business products