This week so far
19 October 2026 to 25 October 2026
The five stories that mattered, then every other round of the week.
By Abha Lohia · Editor
The five that mattered
- AM Intelligence eyes over $1 billion equity raise
AM Intelligence is building AI infrastructure covering power, data centres, hardware and tailored AI models, backed by the people behind Greenko
- Ola Electric rights issue draws two big applicants
Ola Electric is an Indian electric scooter maker that is raising around ₹1,000 crore from existing shareholders through a rights issue
- Premji family office leads ₹1,000 crore Vegafin round
Vegafin Capital is a business lending startup building an AI-based platform to assess credit risk of micro, small and medium enterprises
- Oyo parent Prism eyes November IPO launch
Prism is the parent of hospitality platform Oyo, and is preparing a public share sale
- Zetwerk lists on exchanges at 5% premium
Zetwerk runs a Bengaluru platform that connects buyers of industrial goods with a network of factories that make them to order
Every other round
In the order they were reported24
Discovered Materials raises $9M seed for chip materials19 October 2026Discovered Materials: AI chip-materials discoveryEven Healthcare raises $50M Series B19 October 2026Even Healthcare: Membership-based hospital careHunar AI raises ₹39.3 crore Series A19 October 2026Hunar AI: Voice AI for frontline hiringSo/Facet raises ₹10 crore seed round19 October 2026So/Facet: Lab-grown diamond jewellery brandThe Pant Project raises ₹109 crore Series B19 October 2026The Pant Project: Menswear brand, pants firstAuxoAI raises $20.7M Series A21 October 2026AuxoAI: Enterprise AI deployment firmBlacksmith raises $66M at $1B valuation21 October 2026Blacksmith: AI code testing platformFurtilo raises seed funding for small-town delivery21 October 2026Furtilo: Zero-commission local deliveryGrowthCap Ventures backs LogiXair cargo aircraft21 October 2026LogiXair: Autonomous cargo aircraftOnEMI gets exchange nod for ₹832 Cr share issue21 October 2026OnEMI: Kissht digital lending parentOnto raises $1M pre-seed for travel app21 October 2026Onto: Hotel price-drop refund appSimplismart in talks for $40-50M raise21 October 2026Simplismart: AI infrastructure startupVectorial raises $3M to simulate user behaviour21 October 2026Vectorial: AI behaviour simulationVegafin gets ₹1,000 Cr to build MSME lender21 October 2026Vegafin: AI-first MSME lendingChapter Home raises ₹63 crore22 October 2026Chapter Home: Home and kitchen brandsCureBay raises ₹100 Cr to grow rural clinics22 October 2026CureBay: Rural clinic chainHarajuku Tokyo Café raises $3M pre-Series A22 October 2026Harajuku Tokyo Café: Japanese-themed café chainKarta AI raises $3M seed for voice agents22 October 2026Karta AI: Voice AI for lendersNavitas Solar gets up to $20M for cell plant22 October 2026Navitas Solar: Surat solar makerTravClan raises $5 million from Flipkart and others22 October 2026TravClan: B2B travel technologyAmaha set to close ₹100 Cr round23 October 2026Amaha: Integrated mental healthcare providerPaar Autonomy raises ₹10 crore for drone tech23 October 2026Paar Autonomy: Defence drone vision techSpectraGaze raises ₹3.7 crore seed led by GVFL23 October 2026SpectraGaze Systems: Ahmedabad imaging sensor makerFirstwork lands $15M Series A for AI onboarding24 October 2026Firstwork: AI workforce onboarding