This week in Indian startups: 17 August 2026 to 23 August 2026

By Abha Lohia

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

The five that mattered

1. Wispr Flow raises $280 Mn Series B at $2 Bn valuation

   Wispr Flow makes AI-powered speech-to-text software for dictation and note-taking

2. Nephroplus tops Hyderabad healthtech funding list

   Nephroplus is a health tech company founded in 2009 that provides dialysis and kidney care services

3. Navi raises $100 million from Prosus

   Navi is a digital financial services platform offering UPI payments, loans, insurance, and mutual funds

4. Meesho completes public listing following successful IPO

   Meesho operates an e-commerce platform connecting small sellers with consumers, originally starting as a hyperlocal fashion delivery service before pivoting…

5. Razorpay files draft papers for initial public offering

   Razorpay provides a suite of financial tools including payment gateways, business banking, and AI-native commerce solutions for businesses of all sizes

Every other round

• Good Momo Co. closes angel funding before retail launch Good Momo Co.: Millet momo QSR brand
• DeHaat Honest Farms raises ₹35 crore pre-Series A DeHaat Honest Farms: Pesticide-free consumer food brand
• Corpus Labs in talks to raise pre-seed funding from Stellaris Corpus Labs: Financial analysis platform for mutual funds
• Eco Gadgets raises undisclosed seed funding Eco Gadgets Eservices Pvt. Ltd.: Consumer-to-retailer electronics platform
• August AI in talks to raise $3 Mn from Peak XV Partners August AI: AI health companion platform More on August AI
• Lissun raises ₹48 crore in Series A funding round Lissun: Child development and mental health services More on Lissun
• PierSight Space raises one of India's largest seed rounds for radar satellites PierSight Space: radar satellites for maritime surveillance
• Rezolv raises $12.5M Series A led by Norwest Rezolv: AI-native lending tech platform More on Rezolv
• NeoGeoInfo raises $20m in series a funding round NeoGeoInfo Technologies: Geospatial data and analytics provider
• CtrlS raises ₹250 cr from kamath and vanga CtrlS DataCentres: Data center network operator More on CtrlS DataCentres
• Bachatt nears $30 million funding at higher valuation Bachatt: Micro-investing and savings platform More on Bachatt
• CtrlS raises ₹250 crore from Nikhil Kamath and others CtrlS Datacenters Ltd: Hyperscale data centre operator
• First Coffee raises $1.3 million in pre-Series A funding to expand across India First Coffee: grab-and-go specialty coffee brand More on First Coffee
• Butterfly Learnings raises ₹65 crore in Pre-Series B funding Butterfly Learnings: Paediatric behavioural health platform More on Butterfly Learnings
• Digidukan raises ₹2 crore in angel funding round Digidukan: B2B construction material quick-commerce
• Neuromod Aqua raises pre-seed funding from Porush Jain Neuromod Aqua: Modular water and sewage treatment infrastructure
• Yantra Packs raises Rs 12 crore seed funding Yantra Packs: Reusable industrial packaging and logistics
• Ekatra Retail Ventures raises ₹10 crore strategic investment Ekatra: Luxury lab-grown diamond jewellery brand More on Ekatra
• AlgoFET secures ₹15 crore in Pre-Series A funding AlgoFET: Autonomous drone ground infrastructure
• Zenalyst raises ₹3 crore in pre-seed funding round Zenalyst: Agentic AI platform for enterprise execution More on Zenalyst
• Tross secures pre-seed funding for healthcare infrastructure Tross: Healthcare AI infrastructure provider
• BGauss raises Rs 110 crore in Series D funding BGauss: Electric two-wheeler manufacturer
• Peeko raises ₹67.4 crore in Series A funding Peeko: Babycare quick commerce platform More on Peeko
• Bruno Milano raises ₹7.5 crore for watch expansion Bruno Milano: D2C watch brand
• Zaydn raises $681,000 seed funding led by IPV Zaydn: Homegrown Gen-Z sneaker brand More on Zaydn
• KARM BABA Ventures raises funding for global expansion KARM BABA Ventures: B2B marketplace for global trade
• Orange Health raises $30 million in fresh funding Orange Health: Full-stack diagnostics and testing platform More on Orange Health
• Phi Commerce raises Rs 38.54 crore in funding Phi Commerce: Omnichannel digital payments solutions provider More on Phi Commerce
• ShopKirana reaches $50.2 million total funding in Series C ShopKirana: Enterprise technology platform More on ShopKirana
• Ultraviolette in talks to raise $45-50 million from existing investors Ultraviolette: electric motorcycle maker More on Ultraviolette
• Fragaria Fruits in talks to raise ₹40 Cr Fragaria Fruits: Indoor vertical farming for strawberries More on Fragaria Fruits
• Greenjoules raises ₹62 crore in Series B round Greenjoules: Converts farm residues into renewable fuels
• Battery Smart raises Rs 185.5 crore Series C funding Battery Smart: Battery-swapping network for electric vehicles More on Battery Smart
• Raana Semiconductors in talks for ₹100 Cr Series A Raana Semiconductors: CZ crystal-growth systems maker More on Raana Semiconductors
• Deep Algorithms raises ₹16 crore pre-series A Deep Algorithms: AI-powered cybersecurity platform More on Deep Algorithms
• Be Clinical secures ₹21 crore seed funding round Be Clinical: Evidence-based clinical skincare brand More on Be Clinical
• AVN Agrobharat aims to scale automated milk quality control system AVN Agrobharat: dairy automation and IoT solutions
• Matiks raises $3.14 Mn to scale maths-based gaming platform Matiks: Maths-focused mobile gaming platform with speed, memory, and puzzle games More on Matiks
• Third Wave Coffee raises Rs 408 crore funding Third Wave Coffee: Specialty coffee cafe chain More on Third Wave Coffee
• Omega Seiki Mobility raises ₹50 crore for expansion Omega Seiki Mobility: Electric commercial vehicle manufacturer More on Omega Seiki Mobility

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