Indian Startups Secure $130 Million in Funding as Deal Volume Rises

Indian technology startups raised $130.2 million between Oct. 26 and Oct. 30, according to a weekly funding tracker, while the number of funded companies jumped to 32.

Key takeaways

• Funding total fell 29%: The $130.2 million raised this week is down from $184 million the week before.
• Deal count surged 88%: Thirty-two startups received capital, up from 17 in the prior week.
• Healthtech leads with a $15 million Series A: Cent secured funding from Blume Ventures and South Park Commons.
• AI and fintech attract sizable rounds: Simplismart AI closed a $14 million Series B, while Mochatrade raised $5.5 million seed from CoinFund and Coinbase Ventures.
• Gaming and e‑commerce remain active: Matiks and Let’s Game Now each raised $10 million and $3.2 million respectively.

Funding details

Cent, a health‑tech diagnostics platform, led the week with a $15 million Series A backed by Blume Ventures and South Park Commons. AI infrastructure provider Simplismart AI followed with a $14 million Series B involving Dallas Venture Capital, NVIDIA and Accel.

Live2.ai, an AI application layer startup, obtained $13.7 million in a pre‑Series round from IvyCap Ventures. E‑commerce players Troovy and Ace Blend raised $10.5 million (Series B) and $9.9 million (Series A2) respectively, with Fireside Ventures participating in both deals.

Sector spread

Funding spanned health tech, AI, e‑commerce, gaming, fintech and enterprise services. BioStack, a life‑science B2B health‑tech firm, secured a $9.5 million seed round backed by a consortium that included Y Combinator and DCVC. Gaming ventures Matiks and Let’s Game Now together attracted $13.2 million.

Investor activity

Blume Ventures appeared in three deals, while international investors such as NVIDIA, CoinFund and General Catalyst were active. Indian investors including 3one4 Capital, Fireside Ventures and Nexus Venture Partners also featured prominently.