This week in Indian startups: 30 March 2026 to 5 April 2026

By Abha Lohia

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

The five that mattered

1. Sarvam AI nears $300M-$350M funding at $1.5B valuation

   Sarvam AI builds a full-stack sovereign AI platform with voice-first systems supporting 22 Indian languages

2. Nazara Technologies to raise ₹500 crore via warrants to fund acquisitions and growth

   Nazara Technologies is a gaming company that plans to raise ₹500 crore through a preferential issue of warrants

3. Bachatt raises $12M Series A to scale AI-led savings and build wealth/credit solutions

   Bachatt is an AI-driven financial platform offering savings, wealth, and credit solutions tailored for India's 300 million merchants and self-employed…

4. Zetwerk files confidentially for ₹4,200 crore IPO

   Zetwerk is a contract manufacturing platform that connects businesses with suppliers for customised components

5. Garuda Aerospace files for ₹1,000 Cr IPO

   Garuda Aerospace, a drone maker for defence, agriculture, surveillance and logistics, has filed confidential IPO papers with SEBI

Every other round

• Zetwerk featured in GPS Renewables funding news Zetwerk: Manufacturing supply chain platform More on Zetwerk
• Brevistay raises ₹3 Cr for flexible hotel stays Brevistay: Flexible hourly hotel bookings
• Epik raises $1M pre-seed from Info Edge Ventures Epik: Try-and-buy quick commerce for electronics
• MS Dhoni invests in Kuku FM Kuku FM: AI-driven storytelling platform More on Kuku FM
• Gnani.ai raises $10M led by Aavishkaar Capital for global expansion and AI development Gnani.ai: voice-first agentic AI platform More on Gnani.ai
• Sign3 raises $1.5M from Cedar Hill Capital Sign3: AI fraud intelligence platform
• Cropcoin raises ₹12 crore to expand in Bihar and Jharkhand Cropcoin Technologies: Agritech startup making organic fertiliser from waste
• Cent raises $5 Mn seed for early disease detection Cent: Preventive healthcare intelligence platform More on Cent
• Khetika raises undisclosed funding round Khetika: Agri-tech platform for farmers More on Khetika
• Fanon raises $1m pre-seed for fandom platform Fanon: Fandom storytelling platform
• Bacancy Systems raises ₹40 crore Series A Bacancy Systems: Embedded electronics and power systems maker More on Bacancy Systems
• Xovian Aerospace raises $2M from Ashish Kacholia Xovian Aerospace: Space-based RF intelligence platform
• Kuku appoints bankers to raise up to ₹3,000 crore (~$330 million) for IPO Kuku Technologies: AI-driven storytelling platform More on Kuku Technologies
• InterCosmos raises undisclosed early-stage funding from IAN Angel Fund InterCosmos: Aerospace propulsion systems developer More on InterCosmos
• NowPurchase raises Rs 80 crore from Bajaj Finserv NowPurchase: AI-enabled B2B metal raw materials platform More on NowPurchase
• Cygni Energy raises Rs 60 crore from Meridian Global Ventures Cygni Energy: Battery technology and energy storage startup More on Cygni Energy
• CredResolve raises undisclosed Pre-Series A led by Merak Ventures CredResolve: AI debt collections infrastructure
• Dugar Finance raises $5M in pre-Series A Dugar Finance: MSME and commercial vehicle financing
• BeastLife raises ₹20 crore pre-Series A BeastLife: D2C fitness nutrition brand More on BeastLife
• Mufin Green Finance closes ₹25 crore PTC deal Mufin Green Finance: Green finance and mediclaim financing
• Gabify raises $175,000 pre-seed led by IPV Gabify: AI screening for speech and neuro disorders More on Gabify
• Aquapulse raises ₹25 crore in Series A led by NABVENTURES to scale aquaculture tech platform Aquapulse: aquaculture tech platform More on Aquapulse
• Skillsvest raises ₹5.5 crore in pre-seed round Skillsvest: Education financing platform
• Actor Sara Ali Khan invests in The Souled Store The Souled Store: Pop-culture apparel brand More on The Souled Store
• Glowbook raises $1.21K in pre-seed funding to digitize India's beauty services Glowbook: digitizing local salons More on Glowbook
• Uppercase raises Rs 20 crore from existing investors Uppercase: D2C luggage brand for travelers More on Uppercase
• OZiva raises $5M in Series A led by Matrix Partners India OZiva: plant-based nutrition brand More on OZiva

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