This week in Indian startups: 18 May 2026 to 24 May 2026
By Abha Lohia
The five stories that mattered, then every other round of the week.
The five that mattered
- Neysa Networks secures USD 1.2B capital raise with Blackstone-led investment
Neysa Networks is an AI cloud provider that enables enterprises, startups, and public sector organisations to discover, deploy, and scale AI workloads…
- Nodwin gaming plans large fundraise for ipo
NODWIN Gaming is a live youth media company focused on esports and entertainment
- Scapia raises $63M in Series C funding led by General Catalyst
Scapia operates a travel and financial services platform targeting Gen Z and millennials with bookings and credit cards
- Bain Capital closes $10.5 billion Asia fund
Bain Capital is a global investment firm managing assets across private equity, credit, and real estate
- Zepto targets $1B IPO listing by July 2026
Zepto operates 1,255 dark stores across 61 cities for rapid delivery
Every other round
- Finspring.ai raises seed funding from VideoCX.io Finspring.ai: Embedded investment infrastructure provider
- Edubuk raises $50M from Nimbus Capital Edubuk: Blockchain-based credential verification platform
- Cellogen raises Rs 20 crore from Kotak Alts Cellogen Therapeutics: Develops cell and gene therapies for cancer
- Trackk raises $3.7M seed round led by Lightspeed Trackk: Investment platform for young investors
- Owners ID raises $260K pre-seed round Owners ID: QR-based lost item recovery system More on Owners ID
- Kalpi raises ₹3.75 Cr seed round led by Rainmatter Capital Kalpi: Systematic investing platform for quant strategies
- Damroo raises Rs 5 crore from Hindustan Times Damroo: Artist-first music streaming and growth platform
- ONO raises $1.2M pre-Series A for agri platform ONO: Data and AI platform for agri supply chain
- Country Delight raises ₹65 crore debt from Alteria Capital Country Delight: Direct dairy and farm produce delivery More on Country Delight
- Mythik raises $5M for AI mythology content Mythik: AI-powered mythology entertainment platform More on Mythik
- EndureAir gets ₹30 Cr grant for heavy drone development EndureAir Systems: Drone manufacturer for defence and logistics
- Green Tiger Mobility raises ₹25 crore for expansion Green Tiger Mobility: Retrofit EV solutions for two-wheelers More on Green Tiger Mobility
- Anscer Robotics raises ₹45 Cr Series A ANSCER Robotics: Autonomous mobile robots for industry More on ANSCER Robotics
- upGrad raises Rs 361 cr from Ronnie Screwvala and others upGrad: Online higher education platform More on upGrad
- Sychedelic raises $3.5 million to expand AI-powered mental wellness headphones Sychedelic: AI-powered mental wellness headphones
- Solfin raises ₹280 Cr and turns profitable in first year Solfin Sustainable Finance: clean energy financing platform More on Solfin Sustainable Finance
- Meta Fashion raises $400K pre-seed to build digital fashion for gaming platforms Meta Fashion: digital fashion for gaming platforms
- Gabit raises ₹36.2 crore in pre-series A funding Gabit: Health and wellness platform with smart ring More on Gabit
- Finodaya Capital raises $2.5 million seed funding Finodaya Capital: Micro and nano enterprise lender
- Pronto admits to recording household tasks for AI training after backlash Pronto: household services platform More on Pronto
- SolarSquare in talks to raise $55-60M Series C SolarSquare: Full-stack residential solar platform More on SolarSquare