This week in Indian startups
26 October 2026 to 1 November 2026
The five stories that mattered, then every other round of the week.
By Abha Lohia · Editor
The five that mattered
- Cognizant eyes Sarvam stake at $3.5-4B value
Sarvam builds artificial intelligence models and products for Indian languages and enterprise customers
- Ola Electric rights issue fully subscribed early
Ola Electric Mobility makes electric scooters and is moving from direct sales to selling through dealers to improve sales and service
- Navi raises ₹940 Cr from Prosus
Navi, founded by Flipkart co-founder Sachin Bansal, offers lending, insurance, mutual funds and UPI payments
- Imarticus plans confidential IPO filing
Imarticus Learning is a Mumbai-based edtech company offering finance and technology upskilling courses
- Unacademy founders raising Rs 700 crore AI fund
Unacademy co-founders Gaurav Munjal and Roman Saini are raising a venture fund named Longshot Capital for AI and deep technology startups
Every other round
In the order they were reported41
Akasa Air raises ₹450 Cr from shareholders26 October 2026Akasa Air: Indian low-cost airlineaxiTrust set to raise $5M26 October 2026axiTrust: Digital surety bonds fintechBioStack raises $9.5 million for medical AI data26 October 2026BioStack: Healthcare data for AIBucketlistt raises ₹7.6 crore seed round26 October 2026Bucketlistt: Travel experiences marketplaceClinics On Cloud raises ₹120 Cr Series A26 October 2026Clinics On Cloud: Microclinic health-techEloelo nears $50-60M round at $400M valuation26 October 2026Eloelo: Live social entertainment appL Catterton makes strategic investment in Glance26 October 2026Glance: AI shopping platformMatiks raises $10M led by General Catalyst26 October 2026Matiks: Social brain-games platformReplyAll raises ₹9.7 Cr pre-Series A26 October 2026ReplyAll: D2C performance apparelTradl raises $4.1M from Nexus, Stellaris26 October 2026Tradl: AI trading platformCent raises $15M for early disease detection27 October 2026Cent: Preventive health diagnosticsdubdub raises $1.3M seed round27 October 2026Dubdub: Swipe-based trivia appLive2.ai raises ₹130 Cr pre-Series B27 October 2026Live2.ai: AI social intelligence platformMaasi raises ₹6 Cr pre-seed from Better Capital27 October 2026Maasi: Trained home childcare caregiversMochatrade raises $5.5M seed led by CoinFund27 October 2026MochaTrade: UPI-funded US stock perpsNova Spectral AI raises ₹21 crore for infrared chips27 October 2026Nova Spectral AI: Infrared image sensor chipsParsec Aerospace in talks for $10M27 October 2026Parsec Aerospace: Space tech startupRotoris raises ₹70 Cr Series A led by Blume27 October 2026Rotoris: Invite-only luxury watchmakerSimplismart raises $14M led by Dallas Venture Capital27 October 2026Simplismart: AI inference softwareTroovy raises ₹100 Cr Series B led by Fireside27 October 2026Troovy: Healthier kids' snack brandAce Blend to spend Series A2 on science28 October 2026Ace Blend: Mumbai nutrition brandCHOSEN extends Series A with Wellbeing Nutrition founders28 October 2026CHOSEN: Dermatology-led skincare brandHoliday Tribe in talks to raise ₹50 crore28 October 2026Holiday Tribe: Custom holiday planning startupLet's Game Now raises ₹30 Cr for gaming league28 October 2026Let's Game Now: Esports tournament platformPuchkaman gets backing from three business leaders28 October 2026Puchkaman: Kolkata street-food chainQwikBuild raises $2.3M for enterprise AI platform28 October 2026QwikBuild: Enterprise AI platformVama raises ₹19 Cr led by Bhaskar family office28 October 2026Vama: Spiritual tech platformBijnis rebrands as Zorit, raises ₹27 crore28 October 2026Zorit: B2B quick commerce startupDocterz raises Rs 5 crore from doctors29 October 2026Docterz: Clinic management softwareISLAND Beauty raises ₹2.58 crore from AJ VC29 October 2026ISLAND Beauty: Korean-inspired barrier skincareJagruti raises Rs 28 crore Series A29 October 2026Jagruti Rehabilitation Centre: Mental health care chainTensrai raises ₹3.4 crore pre-seed29 October 2026Tensrai: Retrofit autonomy for machinesViridian Ingni raises ₹1.47 crore pre-seed29 October 2026Viridian Ingni Propulsion: Electric motors for EVs and dronesAugurAI raises ₹2 crore from Campus Angels30 October 2026AugurAI: Optics-first visual inspectionCoratia raises ₹18 crore bridge round30 October 2026Coratia Technologies: Underwater robotics makerQiroko raises ₹1.5 crore pre-seed30 October 2026Qiroko: Affordable everyday fashion accessoriesVenttup raises $3M pre-Series A round30 October 2026Venttup: Precision manufacturing startupBroccoli AI raises $52M for trades software31 October 2026Broccoli AI: AI agents for tradesCopperPilot raises $390K pre-seed for AI hardware design31 October 2026CopperPilot: AI circuit board designNumour in talks for $3.1M from Sharrp Ventures31 October 2026Numour: Performance-first skincare brandupliance.ai negotiating a round of up to $4M31 October 2026Upliance.ai: AI smart cooking appliance