This week in Indian startups: 9 March 2026 to 15 March 2026

By Abha Lohia

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

The five that mattered

1. Paytm raises ₹825 crore via debt

   Paytm is a digital payments and financial services platform in India

2. Eternal infuses ₹450 crore into Blinkit

   Blinkit is a quick commerce platform delivering groceries and essentials in minutes

3. Mozark raises $40M in Series B funding

   Mozark measures real-world digital performance across devices, networks, and geographies without accessing user data

4. Sedemac's IPO sees big returns for early investors

   Sedemac is a deep tech company incubated at IIT Bombay's SINE nearly two decades ago

5. Reliance Retail acquires Zivame for $16 Mn

   Zivame is a direct-to-consumer lingerie brand founded in 2011

Every other round

• StrideOne raises ₹100 Cr, appoints Rajesh Sud chairman StrideOne: MSME and SME financial solutions
• Newtrace raises $6.3 million for green hydrogen tech Newtrace: Electrolyzer component supplier More on Newtrace
• AquaExchange raises ₹67 crore in Series B funding AquaExchange: Aquaculture farm automation platform More on AquaExchange
• Coreworks AI raises $5 million seed round Coreworks AI: AI agents for enterprise reporting
• Verdant Impact raises $3 million seed round Verdant Impact: AI-led livestock intelligence and management
• Zoff Foods raises $2 million from JM Financial and Aman Gupta Zoff: D2C spice brand manufacturer More on Zoff
• Captain Fresh raises Rs 290 crore sustainability financing Captain Fresh: Seafood supply chain technology platform More on Captain Fresh
• Bonkers Corner raises $15M in Series A Bonkers Corner: Ecommerce fashion and lifestyle merchandise More on Bonkers Corner
• Pink Adrak secures Rs 12.25 crore from Shivam Mishra Pink Adrak: Gurugram QSR platform with six formats
• Boba Bhai raises $4.3M to expand stores and product line Boba Bhai: QSR brand selling Korean-inspired food and bubble tea More on Boba Bhai
• Heizen raises pre-seed funding for AI-human hybrid model Heizen: AI-human hybrid software development
• Namma Yatri raises Rs 39.75 crore in pre-Series A extension Namma Yatri: Zero-commission open-mobility platform More on Namma Yatri
• Zepto raises fresh funding at $5B valuation Zepto: 10-minute grocery delivery More on Zepto
• Basil Health raises $1.5M in pre-Series A round Basil Health: Fresh beverage retail via automated kiosks
• OpenCFO raises $2M for AI finance platform OpenCFO: AI-native financial operating system More on OpenCFO
• Skye Air Mobility raises $9 Mn Series B Skye Air Mobility: Drone delivery for last-mile logistics More on Skye Air Mobility
• Constems AI raises $2M pre-Series A round Constems AI Systems: Cognitive vision for retail automation More on Constems AI Systems
• Practo raises ₹60 crore in debt funding from Trifecta Capital Practo: Healthcare platform connecting patients and doctors More on Practo
• Aditi Toys raises ₹36 crore from GVFL Aditi Toys: Toy manufacturer and exporter
• NPrep raises $1.5M seed round led by Lumikai NPrep: AI nursing exam prep platform
• DrinkPrime raises ₹20 crore in extended Series A DrinkPrime: IoT-enabled water purifier subscription More on DrinkPrime
• Genexis Biotech raises seed funding for protein platform Genexis Biotech: Recombinant protein production via fermentation
• The Stack raises $598k pre-seed funding The Stack: D2C wellness and supplements brand More on The Stack
• The Stack raises $598K in pre-seed funding for its D2C wellness brand Equirus Asset Management: science-backed wellness supplements More on Equirus Asset Management
• Fulva raises funding from boAt co-founder Aman Gupta Fulva: Premium confectionery brand reinventing halwa
• Confluxe raises $1.6 million pre-seed round Confluxe: Fashion brand market entry platform
• GalaxEye raises ₹44.2 Cr in extended Series A GalaxEye: Multi-sensor earth observation satellites More on GalaxEye
• OneKiraana raises $1.6M seed round OneKiraana: Private-label platform for kirana stores
• Mosaic Wellness raises Rs 200 crore from 360 ONE Mosaic Wellness: Digital-first consumer health brands More on Mosaic Wellness
• Newton School to raise Rs 25 crore from Prateek Boob Newton School: Certification-based technical training platform More on Newton School
• Four Invention Engine startups raise $2.5m collectively Invention Engine: Founder-led startup accelerator More on Invention Engine
• WayCool raises ₹210 crore led by Lightrock India WayCool: Agritech food supply chain platform More on WayCool
• Foxo raises half million dollars in pre-seed funding Foxo: Premium health longevity membership platform
• DevAssure raises seed funding for AI testing platform DevAssure: AI-based software testing platform
• Atlys raises $36 million in Series C funding Atlys: Visa processing platform for travelers More on Atlys

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