From LightFury Games To STCH — Indian Startups Raised $39 Mn This Week
Funding trends continued to remain subdued for the world’s third largest startup ecosystem this week. Between April 20 and 24, Indian startups managed to raise $39 Mn across 15 deals. This marked a 35% decline from last week’s $60 Mn lapped up across a similar number of deals last week.
This is the lowest weekly funds netted by Indian startups in 2026.
Funding Galore: Indian Startup Funding Of The Week [April 20 — 24]
| Date | Name | Sector | Subsector | Business Model | Funding Round Size | Funding Round Type | Investors | Lead Investor |
| 23 Apr 2026 | LightFury Games | Media & Entertainment | Gaming | B2C | $11 Mn | Pre-Series A | Blume Ventures, V3 Ventures, MIXI, Times Internet, MS Dhoni, Jasprit Bumrah, Hardik Pandya, Shreyas Iyer, Ravindra Jadeja, Tilak Varma, Sai Sudharsan | – |
| 22 Apr 2026 | M | Real Estate Tech | Real Estate Services | B2C | $8.8 Mn | Seed | Peak XV Partners, Blume Ventures, CRED | – |
| 23 Apr 2026 | STCH | Enterprise Services | – | B2B | $5.5 Mn | Pre-Series A | Omnivore, Kae Capital, WVC | Omnivore |
| 22 Apr 2026 | Spill Games | Media & Entertainment | Gaming | B2C | $3.1 Mn | Seed | Centre Court Capital, PeerCapital, All In Capital | Centre Court Capital, PeerCapital |
| 21 Apr 2026 | NudgeBee | AI | Application Layer | B2B | $3 Mn | Seed | Kalaari Capital | Kalaari Capital |
| 21 Apr 2026 | Lawyered | AI | Application Layer | B2C | $2.5 Mn | Pre-Series A | Rainmatter, Turbostart, Finvolve | Rainmatter, Turbostart |
| 21 Apr 2026 | PrimeInvestor | Fintech | Investment Tech | B2C | $2.1 Mn | Seed | Rainmatter | Rainmatter Capital |
| 23 Apr 2026 | Deep Algorithm | AI | Application Layer | B2B | $1.7 Mn | Pre-Series A | Unicorn India Ventures, SB Investment, Prakash Govindan (Gradiant), Himanshu Singhal (inMorphis India) | Unicorn India Ventures |
| 21 Apr 2026 | CureMeAbroad | Travel Tech | – | B2C | $600K | Pre-Seed | Roman Saini (Unacademy), Himanshu Ratnoo (ex-CEO, Cars24 India), Kunal Gupta (EMotorad), Devaiah Bopanna (Moonshot), Vikrant Potnis (Indian Academy of Venture Capital) | – |
| 21 Apr 2026 | Açaí Theory | Foodtech | QSR | B2C | $424K | Seed | All In Capital | All In Capital |
| 20 Apr 2026 | Clarity Labs | Ecommerce | D2C | B2C | $424K | Seed | Artha Ventures | Artha Ventures |
| 20 Apr 2026 | Khetika | Ecommerce | D2C | B2C | – | – | AYRA Ventures, NSFO, Anicut Capital | AYRA Ventures |
| 22 Apr 2026 | Chupps | Ecommerce | D2C | B2C | – | Pre-Series B | Ajinkya Rahane (Cricketer) | Ajinkya Rahane |
| 20 Apr 2026 | Panoculon Labs | Advanced Hardware & Technology | Internet Of Things (IoT) & Hardware | B2C | – | Seed | India Accelerator, Finvolve | India Accelerator, Finvolve |
| 21 Apr 2026 | Digital Paani | Clean Tech | Climate Tech | B2B-B2C | – | – | AWE Funds | AWE Funds |
| Source: Inc42 | ||||||||
Key Startup Funding Highlights Of The Week
- On the back of LightFury Games’ $11 Mn fundraise, media and entertainment segment emerged as the most funded startup sector this week. Besides LightFury, Spill Games also raised $3.1 Mn.
- The highest number of deals materialised in the AI segment, with three startups cumulatively securing $7 Mn.
- Rainmatter and Finvolve were the most active investors this week. Each investor backed 2 startups apiece.
- Seed-stage funding surged multifold to $17.8 Mn this week compared with $3.3 Mn raised bys startups at this stage last week.
Other Developments This Week
- MTG-owned gaming studio PlaySimple Games filed DRHP for an OFS-only IPO of ₹3,150 Cr with SEBI.
- Edtech startup Emversity acquired healthcare talent mobility platform Lanstitut Technologies for an undisclosed amount.
- Dhan parent Raise Financial Services acquired algo-trading platform Stratzy in a cash-and-stock deal.
- Razorpay is planning to file for an IPO via the confidential route to raise $600 Mn to $700 Mn at a valuation of $5 Bn to $6 Bn soon.
The post From LightFury Games To STCH — Indian Startups Raised $39 Mn This Week appeared first on Inc42 Media.
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