This week in Indian startups: 28 September 2026 to 4 October 2026

By Abha Lohia

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

The five that mattered

1. Simple Energy raises ₹1,750 crore in Series C

   Simple Energy is a Bengaluru company that designs its own scooter chassis, battery, motor and software for electric two-wheelers

2. Linux Laboratories raises $70 million from ChrysCapital

   Linux Laboratories is a Chennai drug formulations company with a focused range of branded medicines aimed at affordable, quality care

3. Mahindra EV unit raises ₹322 Cr from Lightrock

   Mahindra Last Mile Mobility makes and sells three-wheeler and four-wheeler commercial vehicles and provides spare parts and after-sales service across India

4. StockGro files confidential IPO papers

   StockGro is a Bengaluru app offering stock analysis, strategies and research advice to retail investors

5. Elevate Campuses lists at slight discount on NSE

   Student housing firm Elevate Campuses began trading on the NSE at ₹355.10, about 1.9 percent below its ₹362 issue price

Every other round

• Alive App raises $1 million seed round Alive App: Curated local experiences app More on Alive App
• Arovia Consumer gets ₹100 crore from Fireside Ventures Arovia Consumer: Stakes in regional packaged-food brands
• Balwaan Krishi raises ₹100 crore in Series B Balwaan Krishi: Farm machines for small farmers More on Balwaan Krishi
• Bharat Housing Network raises $5 million in green bonds Bharat Housing Network: Secured lending network More on Bharat Housing Network
• Aman Gupta invests in FIG Living FIG Living: Design-led home and lighting brand More on FIG Living
• Kiwi looks to raise up to $40 million Kiwi: UPI credit card fintech More on Kiwi
• Bangalore Watch Company raises $1.4M seed Bangalore Watch Company: Indian luxury watch brand
• Blitz raises ₹28.7 crore in pre-Series B round Blitz: Quick-commerce delivery enabler More on Blitz
• EDT raises $2.4 million led by Sauce VC EDT: Design-led home appliances More on EDT
• Gravity raises $15 million for interiors platform Gravity: Interiors materials platform More on Gravity
• Prodoc AI raises seed round from Velumani family office Prodoc AI: Hospital AI software More on Prodoc AI
• Vertex in talks to lead RapidCanvas round RapidCanvas: Agentic AI for enterprises More on RapidCanvas
• Aignosis raises ₹4 crore seed round Aignosis: Child autism screening More on Aignosis
• Orb Energy gets $2M for East Africa solar Orb Energy: Solar systems maker More on Orb Energy
• Seeds Fincap raises ₹100 crore Series B Seeds Fincap: Small-business lender More on Seeds Fincap
• Unveilr AI raises ₹16.7 crore pre-seed Unveilr AI: AI search lead generation More on Unveilr AI
• Zaperon raises ₹7 crore seed round Zaperon: Unified cybersecurity platform More on Zaperon
• Ordo wins ₹25 lakh at DraperU Demo Day Ordo: Physical AI startup
• Orange Retail Finance raises ₹100 crore debt, adds Shriram tie-up Orange Retail Finance: Chennai retail lender

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