Indian startups raised $1.53 billion in October

Key findings

1. Indian startups raised $1.53 billion across 127 rounds in October 2026, down 16% from September 2026.
2. The biggest cheque went to Vegafin: ₹1,000 Cr, Growth (Series D+).
3. Commerce & Consumer Brands had the most rounds (35), ahead of AI & Deep Tech (31) and Healthcare & Life Sciences (20).
4. 3one4 Capital backed the most startups (5).
5. 50 rounds were first cheques (seed or earlier). The median disclosed round was $4.1 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 October compares

Every month we have reported. Tap a month to open its report.

Where the money went

Sectors by number of rounds, or by money raised.

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.

The ten biggest cheques

1. 1V
   $114 millionVegafin

   ₹1,000 Cr · Growth (Series D+) · Financial Services · 21 October
2. 2V
   $114 millionVegafin Capital

   ₹1,000 Cr · Other or undisclosed · Financial Services · 22 October
3. 3
   $107 millionNavi

   ₹940 Cr · Other or undisclosed · Financial Services · 30 October · profile
4. 4
   $75.0 millionTessolve

   $75M · Other or undisclosed · Professional & Local Services · 11 October
5. 5
   $70.0 millionLinux Laboratories

   $70M · Growth (Series D+) · Healthcare & Life Sciences · 3 October
6. 6
   $66.0 millionBlacksmith

   $66M · Series C · Enterprise Software & IT · 21 October · profile
7. 7
   $52.0 millionBroccoli AI

   $52M · Pre-A and Series A · AI & Deep Tech · 31 October
8. 8
   $51.1 millionAkasa Air

   ₹450 Cr · Other or undisclosed · Mobility & Logistics · 26 October · profile
9. 9
   $50.0 millionEven Healthcare

   $50M · Series B · Healthcare & Life Sciences · 19 October · profile
10. 10
    $48.3 millionTVS ASL

    ₹425 Cr · Growth (Series D+) · Mobility & Logistics · 5 October

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.

Beyond funding

Every round in October 2026

All 127 rounds

How these numbers are counted

• The full method, for every number on StopDown: how StopDown counts.
• Equity funding rounds raised by Indian startups and announced in October 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: October 2026”, stopdown.in/report/2026-10