This week in Indian startups: 23 March 2026 to 29 March 2026

By Abha Lohia

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

The five that mattered

1. Sarvam AI in talks to raise $200-250 million at $1.5 billion valuation

   Sarvam AI builds custom generative AI models and an enterprise platform for deployment

2. Rocketlane raises $60m in series c funding led by insight partners

   Rocketlane builds AI tools for managing professional services and customer onboarding

3. Cult.fit raises Rs 440 crore from Temasek

   Cult.fit raised Rs 440 crore from Temasek affiliate MacRitchie Investments

4. Zepto secures SEBI approval for ₹11,000 crore IPO

   Zepto operates a quick commerce platform delivering groceries and everyday essentials within minutes through a network of small fulfilment centres

5. Somerset Indus closes healthcare fund at $288m

   Somerset Indus Capital Partners manages investments in Indian healthcare companies

Every other round

• Magical Nest raises Rs 4.12 crore for AI design platform Magical Nest: Children's interior design solutions provider More on Magical Nest
• Bidso raises Rs 63 crore in Series A funding round Bidso: Design-led manufacturing platform for consumer brands More on Bidso
• BIDSO raises ₹63 crore in Series A led by Blume Ventures Bids: contract manufacturing platform for toys and consumer products More on Bids
• CureFit raises ₹440 Cr in Series G funding from Temasek CureFit: health and fitness platform More on CureFit
• Finfinity raises $2.4 million seed funding Finfinity: AI-driven digital lending marketplace
• Raanro raises ₹4.12 crore to build AI-powered interior design platform Raanro: AI-powered interior design platform More on Raanro
• Workroom Automation raises ₹6.2 crore seed funding Workroom Automation: Connected factory automation platform More on Workroom Automation
• Qoruz raises $1M pre-Series A round Qoruz: Creator intelligence platform More on Qoruz
• OZi raises $6.2 million in series A funding OZi: Quick commerce for baby products More on OZi
• Metafin raises $10m structured debt from Lendable Metafin: Solar financing for rural areas
• Kidbea raises ₹30 Cr in Series A funding Kidbea: Sustainable kidswear brand More on Kidbea
• RN Kids raises ₹7.1 Cr pre-seed for clean-label, clinically-backed kids' wellness products RN Kids: pediatric wellness brand
• Euler Motors raises ₹437.5 crore in Series E Euler Motors: Electric commercial vehicles for last-mile logistics More on Euler Motors
• Pranos Fusion raises $6.8 Mn in early-stage round Pranos Fusion: Fusion energy technology developer More on Pranos Fusion
• Burma Burma raises Rs 38 crore to expand across India Burma Burma: Burmese cuisine restaurant chain More on Burma Burma
• Skyroot Aerospace raises Rs 100 crore debt from BlackRock Skyroot Aerospace: Small and medium-lift launch vehicles More on Skyroot Aerospace
• Canvaloop raises $1.5 million to scale sustainable fibre production Canvaloop: Biomaterials startup making textile fibres from waste
• Thread Factory raises ₹1.5 crore pre-seed Thread Factory: B2B apparel sourcing platform
• Cricketer Riyan Parag invests in Proxgy Series A round Proxgy: Smart wearables for blue-collar workers More on Proxgy
• Fullife Healthcare raises ₹300 Cr in Series D Fullife Healthcare: Nutrition and wellness brands operator More on Fullife Healthcare
• ELMED Life Sciences raises $2.7 million Series A ELMED Life Sciences: Probiotic and biological solutions provider More on ELMED Life Sciences
• Qweebi raises $500,000 in seed funding Qweebi: Online STEM learning platform for schools
• Deccan AI raises $25 Mn from A91 Partners Deccan AI: AI model post-training and deployment More on Deccan AI
• Plum raises ₹193 crore in Series B round Plum: B2B insurtech for employee health benefits More on Plum
• NeoSapien raises $2 million seed round NeoSapien: AI wearable startup for audio notes
• Uncia raises $3M from Pavestone Capital Uncia: AI-powered lending software for banks
• Bellatrix raises $20 million for manufacturing scale up Bellatrix Aerospace: Aerospace propulsion systems maker
• Plazza seeks $6M for expansion despite denial Plazza: Quick medicine delivery in Bengaluru More on Plazza
• MTandT Rentals raises Rs 100 crore from ValueQuest MTandT Rentals: Aerial work platform and ground protection provider More on MTandT Rentals
• S45 raises $5 million seed funding from RTP Global S45: AI-native investment bank for India More on S45

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