This week in Indian startups: 10 August 2026 to 16 August 2026

By Abha Lohia

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

The five that mattered

1. Innovaccer raises $275M in Series F funding

   Innovaccer builds a data platform that unifies patient records for healthcare providers

2. Lightstorm raises ₹2,500 crore debt for AI infrastructure

   Lightstorm builds high-capacity terrestrial and subsea fibre networks for data centres

3. Builder.ai raises $250m in series C funding

   Builder.ai uses artificial intelligence to help businesses build software without coding

4. Infra.Market to go public via reverse merger with Shalimar Paints

   Infra.Market is a tech platform selling concrete, steel, paints, and other construction materials

5. Zepto files IPO prospectus for fresh issue

   Zepto is a quick commerce app delivering groceries and essentials in minutes

Every other round

• Discovered Materials raises $9m seed round led by lightspeed india partners Discovered Materials: AI-driven materials discovery for semiconductors
• Biodeal raises ₹385 crore from RMB Capitalworks Biodeal Pharmaceuticals: Contract development and manufacturing organisation More on Biodeal Pharmaceuticals
• Zenoti raises undisclosed funding round Zenoti: Spa and salon management software
• FreightFox raises ₹5 crore in pre-Series A round to expand enterprise and global operations FreightFox: AI-powered freight management platform More on FreightFox
• Ayati Devices raises ₹15 crore in pre-series a funding led by Inflexor Ventures Ayati Devices: diabetic foot diagnostic technologies
• Vecton AI raises Rs 6 crore in pre-seed round Vecton AI: AI transformation partner for financial institutions
• PharmEasy raises $1.96 billion in total funding PharmEasy: Online pharmacy and healthcare services More on PharmEasy
• Uniphore raises $100 million in funding Uniphore: Conversational AI platform
• Yulu raises $93 million in Series C round Yulu: Electric mobility-as-a-service platform More on Yulu
• SpeakX.ai raises capital to accelerate growth SpeakX: AI-native spoken-English learning platform More on SpeakX
• Wippi raises $1.2 million in seed round led by 12 Flags Wippi: screen-free AI for children More on Wippi
• Spyne raises undisclosed funding round Spyne: AI-powered product photography platform More on Spyne
• Lane raises ₹8.5 crore in pre-seed round to expand driving education and mobility services Lane: driving education and mobility platform More on Lane
• Purplle raises ₹1,000 crore in new funding Purplle: Online beauty and personal care marketplace More on Purplle
• Quarkitech raises ₹2 crore pre-seed Quarkitech: Quantum-inspired solvers for optimisation
• Clove Dental raises ₹400 crore from ADIA Clove Dental: Dental clinic chain
• FA Gifts raises ₹100 crore in Series B funding from Faering Capital FA Gifts Private Limited: online gifting and bakery platform
• Centricity WealthTech raises ₹280 crore in Series A Centricity WealthTech: Technology-led wealth management platform More on Centricity WealthTech
• Invisel raises ₹4 crore in seed funding led by IAN Angel Fund Invisel: nanotechnology-based home surface protection More on Invisel
• RASA Group invests ₹15 crore to scale Jee Bhar Ke cloud kitchens RASA Group: Multi-vertical conglomerate investing in food brand More on RASA Group
• Scrubsy raises ₹27 crore seed round Scrubsy: Home-cleaning products D2C brand
• Panorama Studios invests in Rocket Reels Rocket Reels: Short-form OTT content platform
• Ankit Jain secures pre-seed funding for new venture Ankit Jain's unnamed startup: Premium consumer appliances maker
• Ex-Dyson India MD raises pre-seed funding Ankit Jain's new venture: Premium consumer appliances startup
• KshatraLabs raises pre-seed from Finvolve and India Accelerator KshatraLabs: Autonomous aerial interceptor systems
• Icertis raises $75m in series F funding Icertis: Contract lifecycle management software More on Icertis
• Brilliance Cosmocare raises $200,000 seed round Brilliance Cosmocare: Skin health and longevity clinic
• Info Edge invests Rs 8.90 crore in Factrika Factrika: On-demand industrial workforce platform More on Factrika
• Blacksmith raises $45 million Series B Blacksmith: Developer tools and CI/CD platform More on Blacksmith
• Dognosis raises undisclosed sum from Accel, Caffeinated Dognosis: Canine cancer detection startup
• 4amFresh raises INR 6 crore pre-seed funding 4amFresh: Fresh grocery delivery startup

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