This week in Indian startups: 25 May 2026 to 31 May 2026
By Abha Lohia
The five stories that mattered, then every other round of the week.
The five that mattered
- Rapido raises $240 million led by Prosus
Rapido operates a bike-taxi and ride-hailing platform in India
- Simple Energy closes ₹250 crore Series B
The firm wrapped up its Series B at Rs 250 crore, a blend of debt and equity, on 31 May 2026
- C2i Semiconductors raises $16.7M in Series A funding led by Peak XV Partners
C2i Semiconductors builds power management solutions for AI data centres and cloud infrastructure
- Ashish Kumar launches F2A with Rs 2,000 Cr fund and up to Rs 1,000 Cr in co-investments
F2A is a new investment platform focused on frontier technology startups
- Ashish Kumar launches new investment platform F2A
Fundamentum Frontier Advisors (F2A) is a new stage-agnostic venture capital platform investing in consumer, enterprise and physical AI startups
Every other round
- Yes Madam raises ₹50 Cr in Series A funding from Info Edge Ventures Yes Madam: at-home salon and spa services More on Yes Madam
- Fraganote raises ₹8 crore Pre-Series A Fraganote: accessible-premium perfume brand More on Fraganote
- Kriti Sanon invests in GIVA as strategic investor GIVA: Fine jewellery brand More on GIVA
- StrainX Bioworks raises ₹124 Cr from Prime Venture, Leo Capital StrainX Bioworks: Alternative proteins via synthetic biology
- Abcoffee raises Rs 61 crore from Kliff Ventures Abcoffee: Grab-and-go coffee chain operator
- Paytm invests €9M in European subsidiary Paytm: Digital payments and financial services platform More on Paytm
- Pramatra Space raises pre-seed round led by Seafund Pramatra Space: Quantum security satellite systems
- Yoho raises Rs 23 crore to expand offline retail footprint Yoho: Delhi-based D2C footwear brand
- Flexprice raises $1.5M seed round Flexprice: Open-source usage billing infrastructure More on Flexprice
- Fairdeal.Market raises $15M Series A led by BII Fairdeal.Market: B2B quick commerce for kirana stores More on Fairdeal.Market
- Leverage Edu raises Rs 200 crore in Series D Leverage Edu: Overseas admissions and education services More on Leverage Edu
- Human Archive raises $8.2m Series A Human Archive: Collects human data for robot training
- Quantum Tiger raises pre-seed at $2 million valuation Quantum Tiger: AI-native strategic intelligence startup More on Quantum Tiger
- Bucketlistt raises Rs 1.07 crore pre-seed funding Bucketlistt: Curated travel experiences marketplace More on Bucketlistt
- Kalories plans $1M seed round for expansion Kalories: Functional dark chocolate brand
- Tiea Connectors raises ₹77 crore in Series A funding Tiea Connectors: Connectivity systems maker for tech OEMs
- ZeroDrag raises ₹6.5 crore seed from Transition VC Zerodrag: Drone electronics and avionics maker More on Zerodrag
- Eazzy raises over $440K in angel funding Eazzy: Home services and appliance lifecycle management
- Frex raises ₹9.5 Cr pre-seed for blockchain remittance Frex: Cross-border remittance using blockchain
- InterCosmos raises undisclosed funding round InterCosmos: Non-toxic propulsion systems for space More on InterCosmos