This week in Indian startups: 2 February 2026 to 8 February 2026

By Abha Lohia

The five stories that mattered, then every other round of the week.

The five that mattered

1. Drivn secures $80M financing from Nomura

   Drivn is a full-stack electric mobility platform that buys and leases electric commercial vehicles

2. The Whole Truth raises $51 million in Series D funding

   The Whole Truth makes clean-label protein bars and nut butters for health-conscious consumers

3. Varaha raises $20 Mn in Series B led by WestBridge Capital

   Varaha is a climate tech startup that helps businesses decarbonise by generating high-quality carbon credits through regenerative agriculture and agroforestry

4. InMobi targets $4–5bn IPO after Softbank buyback and reverse flip to India

   InMobi is preparing for a $4–5bn IPO, with a $500 million plus issue size, after a buyback from Softbank that gave founders majority control

5. SEBI clears IPOs of InCred and SEDEMAC

   InCred, a fintech, plans a ₹3,000–4,000 Cr IPO after SEBI's clearance

Every other round

• Biopeak raises $2.7M from Nikhil Kamath Biopeak: Longevity and health optimisation brand More on Biopeak
• Cinefai Studios secures investment on Shark Tank India Cinefai Studios: AI-powered episodic content studio More on Cinefai Studios
• Stroom secures shark tank investment from vineeta singh and kunal bahl Stroom: Soft centre-filled protein bars and wafers More on Stroom
• NYAI raises seed funding from family houses NYAI: Legal and compliance AI startup More on NYAI
• MobiKwik raises funds from existing investors MobiKwik: Digital payments and financial services platform More on MobiKwik
• Mindcase raises Rs 1.5 crore pre-seed funding Mindcase: AI market intelligence platform More on Mindcase
• OneStack raises undisclosed Series A to digitize credit societies OneStack: Digitizes cooperative banks into neobanks More on OneStack
• Loop AI raises $14m in series a funding round Loop AI: Enterprise AI for restaurant back-office ops
• Dreamfly raises $331k for high power density batteries Dreamfly Innovations: Drone and aerospace battery maker More on Dreamfly Innovations
• Elevate Now raises ₹18 crore seed round led by Physis Capital Elevate Now: Online weight management subscription service
• Aye Finance raises ₹200 crore debt from MUFG Aye Finance: MSME lending platform More on Aye Finance
• Preventify raises ₹2 crore pre-seed round to expand clinics in Tier-2 and Tier-3 India Preventify: preventive healthcare clinics More on Preventify
• Fibr AI raises $5.7 million seed round Fibr AI: Agentic web experience platform
• Novyte secures $500K pre-seed funding Novyte: AI-driven material discovery startup
• Vibrium raises $1 million seed round Vibrium: Enterprise agentic AI platform
• Dhruva Space raises $4.2 Mn in Pre-Series B Dhruva Space: Space engineering solutions provider More on Dhruva Space
• Good Monk to add ₹25 crore in pre-Series A extension Good Monk: Preventive nutrition sprinkle-on products More on Good Monk
• Gamepoint raises Rs 7 crore for expansion Gamepoint: Multi-sport centre operator
• Zilo raises $15.3m in series a funding round Zilo: Fashion quick commerce delivery
• 1.5 degree raises $1m for plant dairy expansion 1.5 Degree: Plant-based dairy operator
• Dr. Doodley raises $3.3 Mn pre-Series A Dr. Doodley: Pet healthcare and veterinary services More on Dr. Doodley
• Dr. Doodley raises $3.3 million to expand pet hospital network Temple: pet healthcare services More on Temple
• Benny's Bowl raises $1.4 million to drive product innovation and expand pet food offerings Benny's Bowl: pet nutrition startup
• Aaditya Aanand raises ₹50 lakh for Multibagg AI on Shark Tank India Multibagg AI: AI-powered investing platform More on Multibagg AI
• Digital Striker raises $1 million seed round Digital Striker: Optical fiber tools and equipment More on Digital Striker
• PB Fintech plans QIP for international expansion PB Fintech: Online insurance and credit marketplace More on PB Fintech
• Material Depot raises $10m Series A from Accel and Stellaris Material Depot: Omnichannel home materials marketplace More on Material Depot
• EyeROV raises ₹13 crore to expand marine robotics operations EyeROV: Marine robotics for underwater inspection More on EyeROV
• Chini Kum raises ₹1 crore in pre-seed round Chini Kum: Zero-sugar low-calorie beverages More on Chini Kum
• Babynama raises $700K seed round Babynama: Digital child health platform
• Jain cord industries raises rs 200 crore series a Jain Cord Industries: Textile fabric manufacturer More on Jain Cord Industries
• PadCare Labs raises $3 million for expansion PadCare Labs: Sanitary waste recycling startup More on PadCare Labs
• PhysicsWallah raises stake in yoga startup PhysicsWallah: Edtech platform for competitive exams More on PhysicsWallah
• Octobotics raises Rs 10 crore seed round Octobotics Tech: AI robotics for industrial inspection

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