Monthly report · April 2026
Indian startups raised $1.47 billion in April
120 funding rounds · ▼ 23% vs March · about ₹12,975 crore
By Startup Enthusiast ·
120funding rounds
$1.47 billiondisclosed
49first cheques
$2.8 millionmedian round
Key findings
- Indian startups raised $1.47 billion across 120 rounds in April 2026, down 23% from March 2026.
- The biggest cheque went to Sarvam AI: $300M-$350M.
- Commerce & Consumer Brands had the most rounds (29), ahead of Enterprise Software & IT (18) and AI & Deep Tech (13).
- Inflection Point Ventures backed the most startups (5).
- 49 rounds were first cheques (seed or earlier). The median disclosed round was $2.8 million.
Every round, day by day
Each bubble is one round, placed on the day it was announced. Bigger bubble, bigger cheque. Dashed rings are rounds with no amount disclosed. Tap a stage to isolate it.
How April compares
Every month we have reported. Tap a month to open its report.
See the numbers
| Month | Disclosed | Rounds | First cheques |
|---|---|---|---|
| January 2026 | $1.80 billion | 146 | 60 |
| February 2026 | $1.14 billion | 159 | 75 |
| March 2026 | $1.92 billion | 136 | 48 |
| April 2026 | $1.47 billion | 120 | 49 |
| May 2026 | $3.34 billion | 110 | 38 |
| June 2026 | $3.13 billion | 115 | 42 |
| July 2026 | $1.74 billion | 119 | 52 |
| August 2026 | $3.74 billion | 152 | 50 |
| September 2026 | $2.35 billion | 141 | 54 |
Where the money went
Sectors by number of rounds, or by money raised.
See the numbers
| Sector | Rounds | Disclosed |
|---|---|---|
| Commerce & Consumer Brands | 29 | $144 million |
| Enterprise Software & IT | 18 | $212 million |
| AI & Deep Tech | 13 | $373 million |
| Mobility & Logistics | 11 | $82.6 million |
| Financial Services | 10 | $443 million |
| Agriculture & Food Systems | 7 | $15.9 million |
| Healthcare & Life Sciences | 7 | $15.0 million |
| Professional & Local Services | 6 | $49.2 million |
| Climate, Energy & Sustainability | 5 | $88.4 million |
| Consumer Internet & Media | 5 | $38.2 million |
| Government, Defense & Space | 3 | $8.2 million |
| Education & Skilling | 2 | $4.0 million |
| HR & Future of Work | 2 | $250K |
| Real Estate & PropTech | 1 | $568K |
From first cheque to growth
Rounds and money at each stage. Early stages bring most of the rounds; late stages bring most of the money.
Rounds
Money raised
See the numbers
| Stage | Rounds | Disclosed |
|---|---|---|
| Seed and earlier | 49 | $62.8 million |
| Pre-A and Series A | 34 | $192 million |
| Series B | 5 | $120 million |
| Series C | 4 | $95.0 million |
| Growth (Series D+) | 4 | $342 million |
| Other or undisclosed | 24 | $663 million |
The ten biggest cheques
- 1
- 2K
- 3W
- 4O
- 5P
- 6E
- 7P
- 8B
- 9S
- 10E
Who wrote the most cheques
Investors that backed two or more startups this month. One dot per startup.
Where the startups are
One square per round, coloured by stage.
Bengaluru
13 · $56.5 million
Gurugram
10 · $6.5 million
Mumbai
6 · $26.0 million
Ahmedabad
3 · $13.6 million
Pune
3 · $9.6 million
Jaipur
2 · $2.5 million
Delhi
2 · $10.8 million
Gujarat
1 · $4.5 million
Beyond funding
Acquisitions
JSW One acquires proptech startup BuildNext30 April 2026Nitro Commerce acquires AI copilot Zodiac Labs28 April 2026Pine Labs acquires Shopflo in cash deal worth ₹88 Cr25 April 2026Emversity acquires Lanstitut to enter German healthcare market22 April 2026Raise Financial Services acquires algorithmic trading firm Stratzy21 April 2026PhysicsWallah to buy minority stake in Rojgar With Ankit15 April 2026MiQ acquires Rocket Lab to boost mobile ad capabilities9 April 2026Exotel acqui-hires Dubverse to strengthen AI-led CX offerings8 April 2026IPO news
MakeMyTrip targets India IPO in first quarter of 202729 April 2026Spinny plans IPO by Q1 202728 April 2026ACKO picks bankers for IPO27 April 2026PlaySimple files ₹3150 crore OFS IPO for Swedish owner24 April 2026Razorpay files confidential IPO papers20 April 2026Zepto eyes June-July public listing and Indian market leadership19 April 2026Avaada Electro gets Sebi approval for initial public offering17 April 2026Curefit appoints four independent directors ahead of IPO7 April 2026Shutdowns and layoffs
SuperOps lays off 30% workforce in AI pivot24 April 2026Zerodha shuts down creator network Zero122 April 2026Acko cuts 60 staff for AI shift ahead of IPO20 April 2026WayCool Foods cuts jobs in second restructuring16 April 2026Krutrim's AI assistant Kruti goes offline16 April 2026Zoho denies anonymous claims of 300 employee layoffs14 April 2026Rebel Foods shuts down its quick delivery service7 April 2026Kult stops paying staff amid unpaid dues6 April 2026Every round in April 2026
All 120 rounds
| Date | Company | Amount | Stage | Sector |
|---|---|---|---|---|
| 1 Apr | Bacancy Systems | ₹40 crore | Pre-A and Series A | Mobility & Logistics |
| 1 Apr | Xovian Aerospace | $2M | Seed and earlier | Government, Defense & Space |
| 1 Apr | Kuku Technologies | Undisclosed | Other or undisclosed | Consumer Internet & Media |
| 1 Apr | InterCosmos | undisclosed | Other or undisclosed | AI & Deep Tech |
| 1 Apr | NowPurchase | Rs 80 crore | Growth (Series D+) | Enterprise Software & IT |
| 1 Apr | Cygni Energy | Rs 60 crore | Other or undisclosed | Mobility & Logistics |
| 1 Apr | CredResolve | Undisclosed | Pre-A and Series A | Financial Services |
| 1 Apr | Dugar Finance | $5M (₹45 Cr) | Other or undisclosed | Professional & Local Services |
| 1 Apr | BeastLife | ₹20 crore | Pre-A and Series A | Commerce & Consumer Brands |
| 2 Apr | Gabify | $175,000 + ₹25 lakh | Seed and earlier | Healthcare & Life Sciences |
| 2 Apr | Aquapulse | ₹25 Cr | Pre-A and Series A | Agriculture & Food Systems |
| 2 Apr | Skillsvest | ₹5.5 crore | Seed and earlier | Financial Services |
| 3 Apr | The Souled Store | Undisclosed | Other or undisclosed | Commerce & Consumer Brands |
| 3 Apr | Glowbook | Over $1.21K | Seed and earlier | Professional & Local Services |
| 3 Apr | Uppercase | Rs 20 crore | Series C | Commerce & Consumer Brands |
| 3 Apr | OZiva | $5M | Pre-A and Series A | Commerce & Consumer Brands |
| 4 Apr | Sarvam AI | $300M-$350M | Other or undisclosed | AI & Deep Tech |
| 6 Apr | SatLeo Labs | $2.2 million | Seed and earlier | Government, Defense & Space |
| 6 Apr | Harvested Robotics | Undisclosed | Seed and earlier | Agriculture & Food Systems |
| 6 Apr | Satark AI | Undisclosed | Seed and earlier | Enterprise Software & IT |
| 6 Apr | OpenFX | $94M | Other or undisclosed | Financial Services |
| 6 Apr | Zanskar | ₹25 crore ($2.7 million) | Pre-A and Series A | Financial Services |
| 6 Apr | Dam Good Fish | Undisclosed | Other or undisclosed | Agriculture & Food Systems |
| 6 Apr | Wingify | ₹1,381 Cr | Other or undisclosed | Enterprise Software & IT |
| 6 Apr | Gyros Organic Farms | Undisclosed | Seed and earlier | Commerce & Consumer Brands |
| 6 Apr | GoSats | $5M | Pre-A and Series A | Financial Services |
| 7 Apr | GLAAS | $5 million | Pre-A and Series A | Financial Services |
| 7 Apr | Filli & Me | ₹1.5 crore | Seed and earlier | Commerce & Consumer Brands |
| 7 Apr | WorkOnGrid | Rs 22.5 crore | Other or undisclosed | Enterprise Software & IT |
| 7 Apr | Xccelera | ₹1.2 Cr | Seed and earlier | AI & Deep Tech |
| 7 Apr | H2LooP | $2 million | Seed and earlier | AI & Deep Tech |
| 7 Apr | BioPrime | $6 Mn | Pre-A and Series A | Agriculture & Food Systems |
| 7 Apr | Zalon | $1.5–2M | Pre-A and Series A | Commerce & Consumer Brands |
| 7 Apr | ECOIL | $2.5M | Pre-A and Series A | Climate, Energy & Sustainability |
| 7 Apr | OFF/BEAT | ₹100 Cr | Seed and earlier | Consumer Internet & Media |
| 7 Apr | KisaanSay | ₹34 Cr | Pre-A and Series A | Agriculture & Food Systems |
| 8 Apr | Tsecond.ai | $21.5M | Pre-A and Series A | AI & Deep Tech |
| 8 Apr | Trev Mobility | Rs 3.65 crore | Seed and earlier | Mobility & Logistics |
| 8 Apr | ClayCo | ₹34.59 crore | Pre-A and Series A | Commerce & Consumer Brands |
| 8 Apr | KreditBee | $280 Mn | Growth (Series D+) | Financial Services |
| 8 Apr | Atlas | $6 Mn | Seed and earlier | Enterprise Software & IT |
| 8 Apr | RoshAi | INR 220 million | Pre-A and Series A | Mobility & Logistics |
| 8 Apr | Angoor AI | INR 2 Crore | Seed and earlier | Enterprise Software & IT |
| 9 Apr | Nava | $22 Mn (~₹204 Cr) | Other or undisclosed | AI & Deep Tech |
| 9 Apr | Swageazy | ₹5.4 crore | Other or undisclosed | Commerce & Consumer Brands |
| 9 Apr | Astranova Mobility | ₹60 Cr ($6.4 Mn) | Pre-A and Series A | Mobility & Logistics |
| 9 Apr | Pluckk | ₹100 Cr | Pre-A and Series A | Commerce & Consumer Brands |
| 9 Apr | BRND.ME | Rs 300 Cr | Other or undisclosed | Commerce & Consumer Brands |
| 9 Apr | Scandalous Foods | $1M | Seed and earlier | Commerce & Consumer Brands |
| 9 Apr | Intrinsic Foundries | ₹12 Cr | Seed and earlier | Climate, Energy & Sustainability |
| 9 Apr | Palmonas | $40 Mn | Series B | Commerce & Consumer Brands |
| 9 Apr | DAAKit | $138,000 | Seed and earlier | Mobility & Logistics |
| 11 Apr | Ottonomy | Undisclosed | Other or undisclosed | Mobility & Logistics |
| 13 Apr | Genovation Technological Solutions | ₹1.25 crore | Seed and earlier | AI & Deep Tech |
| 13 Apr | Earlyjobs | ₹1.2 crores | Seed and earlier | HR & Future of Work |
| 13 Apr | Smart Garage | ₹2.4 crore | Pre-A and Series A | |
| 13 Apr | Dev Milk Foods | Undisclosed | Other or undisclosed | Agriculture & Food Systems |
| 13 Apr | Wundrsight Health | $400K | Seed and earlier | Healthcare & Life Sciences |
| 13 Apr | FruBon | Undisclosed | Other or undisclosed | Commerce & Consumer Brands |
| 14 Apr | Faraday | $200,000 | Seed and earlier | Enterprise Software & IT |
| 14 Apr | Heliware | Undisclosed | Seed and earlier | Enterprise Software & IT |
| 14 Apr | TraqCheck | $8M | Pre-A and Series A | AI & Deep Tech |
| 14 Apr | Carrum Mobility | $7 Mn | Pre-A and Series A | Mobility & Logistics |
| 14 Apr | Loopworm | ₹27.8 Cr | Pre-A and Series A | Agriculture & Food Systems |
| 14 Apr | PDoc | Undisclosed | Other or undisclosed | Healthcare & Life Sciences |
| 14 Apr | Bversity | Undisclosed | Seed and earlier | Education & Skilling |
| 15 Apr | Helium | Rs 5 crore | Seed and earlier | Real Estate & PropTech |
| 15 Apr | Ivory | $1M | Seed and earlier | Healthcare & Life Sciences |
| 15 Apr | Euler Motors | Rs 437.5 crore ($47M) | Growth (Series D+) | Mobility & Logistics |
| 15 Apr | GobbleCube | $15 Mn (₹139 Cr) | Pre-A and Series A | Enterprise Software & IT |
| 15 Apr | Intellithink IOT Labs | $1.80M | Seed and earlier | Enterprise Software & IT |
| 16 Apr | The Hosteller | ₹150 Cr | Series B | Commerce & Consumer Brands |
| 16 Apr | Sarla Aviation | $10M | Pre-A and Series A | Mobility & Logistics |
| 16 Apr | Unbound | ₹8 crore | Seed and earlier | Commerce & Consumer Brands |
| 16 Apr | Artisans’ Wizard | Undisclosed | Other or undisclosed | Commerce & Consumer Brands |
| 16 Apr | Cohoma Coffee | ₹5 Cr | Seed and earlier | Commerce & Consumer Brands |
| 16 Apr | Aliste Technologies | ₹30 Cr | Pre-A and Series A | Climate, Energy & Sustainability |
| 16 Apr | Polaris Smart Metering | $80 million | Series C | Climate, Energy & Sustainability |
| 17 Apr | IPF (India Parenting Forum) | Undisclosed | Seed and earlier | Commerce & Consumer Brands |
| 17 Apr | FIFTH SENSE | ₹6.3 crore ($679K) | Seed and earlier | Commerce & Consumer Brands |
| 18 Apr | Hocco | ₹100 Cr | Series C | Commerce & Consumer Brands |
| 20 Apr | Clarity Labs | Rs 4 crore | Seed and earlier | Commerce & Consumer Brands |
| 20 Apr | Axten Hospitals | Rs 2.5 crore ($300,000) | Other or undisclosed | Healthcare & Life Sciences |
| 20 Apr | Coral | $12.5M | Other or undisclosed | Healthcare & Life Sciences |
| 21 Apr | PrimeInvestor | ₹19.5 Cr (~$2.1 Mn) | Seed and earlier | Professional & Local Services |
| 21 Apr | Lawyered | $2.5 Mn | Pre-A and Series A | Enterprise Software & IT |
| 21 Apr | Açaí Theory | ₹4 crore | Seed and earlier | Commerce & Consumer Brands |
| 21 Apr | Acai Theory | Rs 4 crore | Seed and earlier | Professional & Local Services |
| 21 Apr | NudgeBee | $3M | Seed and earlier | Enterprise Software & IT |
| 21 Apr | CureMeAbroad | $600,000 | Seed and earlier | Healthcare & Life Sciences |
| 22 Apr | Ruskle | Undisclosed | Seed and earlier | Commerce & Consumer Brands |
| 22 Apr | Spill Games | $3.1 Mn | Seed and earlier | Consumer Internet & Media |
| 22 Apr | Chupps Footwear | Undisclosed | Series B | Commerce & Consumer Brands |
| 22 Apr | Deep Algorithm | Rs 16 crore | Pre-A and Series A | Enterprise Software & IT |
| 22 Apr | Alaya By Stage3 | Undisclosed | Seed and earlier | Commerce & Consumer Brands |
| 22 Apr | Affordable Innovative Techno Services | $4 million | Other or undisclosed | Education & Skilling |
| 23 Apr | Sleepy Owl | Rs 12 crore | Series C | Commerce & Consumer Brands |
| 23 Apr | M | ₹102 Cr | Seed and earlier | Professional & Local Services |
| 23 Apr | STCH | $5.5 million | Pre-A and Series A | Enterprise Software & IT |
| 23 Apr | IndieSemiC | Undisclosed | Other or undisclosed | AI & Deep Tech |
| 23 Apr | LightFury Games | $11 Mn | Pre-A and Series A | AI & Deep Tech |
| 24 Apr | Otto Sales AI | $500,000 | Seed and earlier | Enterprise Software & IT |
| 25 Apr | Ethereal Machines | ₹264.5 Cr | Series B | Professional & Local Services |
| 27 Apr | House of Chikankari | Rs 25 crore | Pre-A and Series A | Commerce & Consumer Brands |
| 27 Apr | Kovon | $250,000 | Seed and earlier | HR & Future of Work |
| 27 Apr | Metasports Interactive | $20M | Other or undisclosed | Consumer Internet & Media |
| 28 Apr | Novio | ₹100 Cr | Pre-A and Series A | Financial Services |
| 28 Apr | Morphing Machines | ₹42 Cr | Pre-A and Series A | AI & Deep Tech |
| 28 Apr | Kovan | $250,000 | Seed and earlier | Mobility & Logistics |
| 28 Apr | Mojro Technologies | $5.5 million | Pre-A and Series A | Enterprise Software & IT |
| 28 Apr | Credilio | ₹100 Cr | Pre-A and Series A | Financial Services |
| 29 Apr | SportVot | ₹32.7 Cr | Other or undisclosed | Consumer Internet & Media |
| 29 Apr | Ubiqedge | ₹10 Cr | Seed and earlier | Enterprise Software & IT |
| 29 Apr | Prithu | ₹10 Cr | Seed and earlier | Climate, Energy & Sustainability |
| 29 Apr | Kandeefactory | $6 million | Growth (Series D+) | Commerce & Consumer Brands |
| 29 Apr | Spect | ₹2 crore | Seed and earlier | Enterprise Software & IT |
| 29 Apr | Vikra Ocean Tech | $1 Mn | Seed and earlier | AI & Deep Tech |
| 29 Apr | Sahi | $33 Mn | Series B | Financial Services |
| 29 Apr | Optimized Electrotech | ₹35 Cr | Pre-A and Series A | Government, Defense & Space |
| 30 Apr | Ctruh | $2.5M | Seed and earlier | AI & Deep Tech |
How these numbers are counted
- Equity funding rounds raised by Indian startups and announced in April 2026.
- Debt, bonds, IPO proceeds, rights issues and rounds still in talks are left out. A round reported more than once is counted once.
- Totals add only disclosed amounts. Rupee amounts are converted at ₹88 per US dollar.
- Figures can change as companies update them.
Cite as: StopDown, “Indian startup funding report: April 2026”, stopdown.in/report/2026-04