Indian startups raised $777 Mn in October, led by Navi and Linux Laboratories
Newzchain's October 2026 funding report: $777 Mn across 104 Indian startup rounds, with the biggest deals, sectors, cities and stages.
Indian startups raised $777 Mn across 104 funding rounds that Newzchain reported in October 2026. Of these, 97 disclosed an amount and 7 did not.
Growth and late-stage rounds brought in $474 Mn across 16 deals, while early-stage startups raised $303 Mn across 81 deals.
The largest rounds went to Navi (about Rs 940 crore), Linux Laboratories ($70 million) and Even Healthcare ($50 million).
Month on month
Funding was down 37.8% from $1.25 Bn in September 2026.
The number of rounds went from 98 to 104.
Growth and late-stage deals
Growth and late-stage startups raised $474 Mn across 16 rounds. The five largest are below.
Navi, which offers lending, insurance, mutual funds and UPI payments, raised about Rs 940 crore led by Prosus.
Linux Laboratories, which develops and sells speciality pharmaceutical formulations, raised $70 million from ChrysCapital and Tata Capital Healthcare Fund III (TCHF III).
Even Healthcare, which runs managed healthcare hospitals and care services, raised $50 million in a Series B round led by Khosla Ventures.
TVS Automobile Solutions, which operates an integrated automotive aftermarket platform with a service network, raised $45 million in a Series D round led by Crescent Enterprises.
DailyObjects, which sells direct-to-consumer lifestyle products and runs offline retail stores, raised Rs 332 crore in a Series C round led by Xponentia Capital Partners, Anicut Capital and Axiom Asia Private Capital.
Early-stage deals
Early-stage startups raised $303 Mn across 81 rounds. The five largest are below.
Focus Prism, which operates technology-enabled direct food service operations, raised Rs 145 crore from OAKS Asset Management.
Firstwork, which builds AI agents that onboard frontline workers, raised $15 million in a Series A round led by Earlybird Venture Capital.
Cent, which does early disease detection through medical imaging, biomarkers and AI, raised $15 million in a Series A round led by Blume Ventures and South Park Commons.
Clinics On Cloud, which makes preventive screening and primary healthcare services accessible beyond traditional hospitals, raised Rs 120 crore in a Series A round from Model42.
Mesa School of Business, which offers industry-led business education programmes, raised Rs 110 crore in a Series A round led by Dharana Capital and Elevation Capital.
Sectors
Fintech led the sectors with $129 Mn across 9 deals. Artificial Intelligence ($80 Mn) and Pharma ($70 Mn) followed.
Cities
Bengaluru led the cities with $172 Mn across 28 deals. Chennai ($70 Mn) and Delhi-NCR ($47 Mn) followed.
That is 22.2% of the money raised. Many articles don’t say where a startup is based.
Stages
Series B led the stages with $140 Mn across 7 deals. Series A ($128 Mn) and Seed ($68 Mn) followed.
Most active investors
AJVC backed 5 rounds: Unveilr AI, ISLAND Beauty, wudhomes, Kinetic Age and Scooter.
Blume Ventures backed 5 rounds: Cent, Lumio, Rotoris, Hunar.AI and QwikBuild.
Fireside Ventures backed 4 rounds: Beyond Appliances, Troovy, Ace Blend and KISAH.
3one4 Capital backed 3 rounds: Lumio, Ace Blend and Parallel Loop.
Accel backed 3 rounds: RapidCanvas, Simplismart and Cosmochute.
Acquisitions
Niyo RemitX acquisition: ₹11.4 Cr cross-border move
Infotech acquires Zluri: what the SaaS deal means
Mygate Adonmo merger: Eternal to hold 4.4% stake
IPOs and listings
Burma Burma parent Hunger Pangs files DRHP for IPO
So far this year
Indian startups have raised $3.13 Bn across 281 rounds that Newzchain reported since July 2026.
How we count
This report covers the funding rounds Newzchain reported in October 2026. Undisclosed rounds and investment commitments count as rounds, not money. The totals come only from our own coverage, so they can differ from other trackers’ monthly figures, which count different deals and markets.
Early stage means pre-seed to Series A. A round with no stated stage counts as growth if it is $20 Mn or more. Rupees at Rs 90 to $1.
Our series starts in July 2026, so there is no year-on-year comparison yet.
