Indian startups experienced a significant decline in funding activity between November 9 and November 13, raising a total of $25.2 million. This figure represents a 90.1% decrease compared to the $255 million secured by companies during the previous week, according to data from Inc42.
November 10, 2026
Two companies secured funding on this date. Froncort.AI, an artificial intelligence firm, raised $2.3 million from Google.org. Additionally, the clean technology startup ECOPATH secured $238,000 in a seed round supported by Social Alpha and Gemcorp Recycling & Technologies.
November 11, 2026
Clean tech firm Greenjoules secured the largest investment of the week, raising $16 million as part of a Series B round. The investment was led by Smbhav Venture Fund and the Climate Pledge Fund, with additional participation from Strategic Autonomy Fund and Rainmatter.
November 12, 2026
Activity increased in terms of deal count, with four startups securing capital. The AI firm mistEO raised $1.9 million in a seed round led by MGF-Kavachh. Foodtech company Hundo Pizza raised $796,000 from investors including Titan Capital and Indian Silicon Valley Capital. QB Men secured pre-seed funding from BeyondSeed, Rajkot Ventures, and Prajay Advisors, while PlayBlue and Recykal also received undisclosed investments from individuals, including cricketer KL Rahul and cricketer Sachin Tendulkar respectively.
November 13, 2026
The week concluded with Kutlerri.ai, an AI application layer company, raising $4 million from Narahari Investments.
Current Status of Indian Venture Capital
The total volume of deals fell by 55% this week, with nine startups securing capital compared to 20 in the previous period. Clean technology led sector performance, accounting for $16.2 million of the total funding, followed by the AI sector. Separately, global venture capital firm Norwest announced the closing of its $4 billion Norwest 18 fund, which targets technology, healthcare, and consumer sectors in India, the U.S., and Israel.