Indian startups raised over $242 million from August 10 to August 15, 2026; Yulu tops the list
August 21, 2026
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Between August 10 to August 15, 2026, as many as 13 Indian startups from numerous sectors raised over $242 million in funding from traders. That’s 4% down week-on-week
Between August 10 to August 15, 2026, as many as 13 Indian startups from numerous sectors raised over $242 million in funding from traders. That’s 4% down week-on-week from $252 million recorded within the earlier week, when River Mobility raised $120 million.
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Bengaluru-based electrical mobility startup Yulu topped this week’s chart with a $93 million spherical from GEF Capital Companions, accounting for almost 38% of the week’s complete capital.
4 rounds crossed $20 million this week, and Yulu, Sigma Superior Techniques, Blacksmith and Centricity accounted for many of the week’s capital between them. Sigma Superior Techniques raised $48.03 million for its defence and aerospace manufacturing enterprise, whereas Blacksmith closed a $45 million spherical to develop its software program testing platform.
The sectors that bought funded this week embrace Semiconductors, Healthtech, Edtech, EV, Foodtech, Fintech, Homecare, Devtools, Defencetech, Logistics.
Funding Fusion weekly startup funding report, 10 – 15 August 2026 – Indian Startup Information (ISN)ISN Funding Fusion infographic for 10 – 15 August 2026. Whole funding $242.55M throughout 13 offers and three M&A, up from $252.03M the prior week (03 – 08 August). Prime 5 startups: Yulu $93M, Sigma Superior Techniques $48.03M, Blacksmith $45M, Centricity $29.24M, Bakingo $10.44M. Supply: Indian Startup Information.FUNDINGFUSIONWeekly Startup Funding Report 2026Prime 5 Startups Funding10 – 15 August 2026TOTAL FUNDING$242.55M$252.03M$242.55MNO. OF DEALS13M & A3/> /> Yulu$93M/> Sigma Superior Techniques$48.03M/> Blacksmith$45M/> Centricity$29.24M/> Bakingo$10.44M/> 03 – 08 August10 – 15 AugustSupply: Indian Startup Information (ISN)
2026 thus far
$8.44B
Indian startups have raised $8.44 billion throughout 603 rounds thus far in 202
Between August 10 to August 15, 2026, as many as 13 Indian startups from numerous sectors raised over $242 million in funding from traders. That’s 4% down week-on-week from $252 million recorded within the earlier week, when River Mobility raised $120 million.
Bengaluru-based electrical mobility startup Yulu topped this week’s chart with a $93 million spherical from GEF Capital Companions, accounting for almost 38% of the week’s complete capital.
4 rounds crossed $20 million this week, and Yulu, Sigma Superior Techniques, Blacksmith and Centricity accounted for many of the week’s capital between them. Sigma Superior Techniques raised $48.03 million for its defence and aerospace manufacturing enterprise, whereas Blacksmith closed a $45 million spherical to develop its software program testing platform.
The sectors that bought funded this week embrace Semiconductors, Healthtech, Edtech, EV, Foodtech, Fintech, Homecare, Devtools, Defencetech, Logistics.
Funding Fusion weekly startup funding report, 10 – 15 August 2026 – Indian Startup Information (ISN)ISN Funding Fusion infographic for 10 – 15 August 2026. Whole funding $242.55M throughout 13 offers and three M&A, up from $252.03M the prior week (03 – 08 August). Prime 5 startups: Yulu $93M, Sigma Superior Techniques $48.03M, Blacksmith $45M, Centricity $29.24M, Bakingo $10.44M. Supply: Indian Startup Information.FUNDINGFUSIONWeekly Startup Funding Report 2026Prime 5 Startups Funding10 – 15 August 2026TOTAL FUNDING$242.55M$252.03M$242.55MNO. OF DEALS13M & A3/> /> Yulu$93M/> Sigma Superior Techniques$48.03M/> Blacksmith$45M/> Centricity$29.24M/> Bakingo$10.44M/> 03 – 08 August10 – 15 AugustSupply: Indian Startup Information (ISN)
2026 thus far
$8.44B
Indian startups have raised $8.44 billion throughout 603 rounds thus far in 2026. This week’s $242.55 million provides to that tally, with 4 rounds crossing the $20 million mark.
Three-week pattern
Weekly funding rose sharply from $79.79 million in late July to $252.03 million within the first week of August, earlier than easing barely to $242.55 million this week.
Weekly startup funding comparability: JUL 27-AUG 01, AUG 03-08 and AUG 10-15 – Indian Startup Information (ISN)ISN weekly funding comparability chart. Indian startups raised $79.79M in JUL 27-AUG 01, $252.03M in AUG 03-08, and $242.55M within the present week AUG 10-15, down 4% week-on-week. Bar heights are proportional to funding raised. Supply: Indian Startup Information.WEEKLY FUNDING COMPARISON$79.79MJUL 27-AUG 01$252.03MAUG 03-08$242.55MAUG 10-15Supply: Indian Startup Information (ISN)
Startup funding snapshot
The desk under lists each funded startup this week, with the quantity raised, stage, sector, traders and metropolis. Rounds ranged from early pre-seed rounds to a $93 million Collection C.
Quantities in USD as reported; rupee rounds transformed at announcement charges. Articles linked per row.
Most lively traders this week: GEF Capital Companions led Yulu’s $93 million Collection C, and Spark Capital positioned Sigma Superior Techniques’ Rs 460 crore increase by means of its Midas Transactions platform. Peak XV Companions backed Blacksmith and SMBC Asia Rising Fund led Centricity’s Collection A.
The place the cash landed?
Metropolis-wise break up of this week’s disclosed capital
Metropolis-wise startup funding map of India, 10 – 15 August 2026 – Indian Startup Information (ISN)ISN city-wise funding map for 10 – 15 August 2026. Indian startups raised $188.55M throughout 11 offers. By metropolis: Bengaluru $97.29M (05 offers), Hyderabad $48.03M (01 deal), Gurugram $42.5M (03 offers), Pune $0.52M (01 deal), Chennai $0.21M (01 deal). States are shaded by complete funding. Supply: Indian Startup Information.CITY-WISEFUNDING MAP10 – 15 August 20261BENGALURU$ 97.29M05 DEALS2HYDERABAD$ 48.03M01 DEAL3GURUGRAM$ 42.5M03 DEALS4PUNE$ 0.52M01 DEAL5CHENNAI$ 0.21M01 DEALFUNDING (IN $M)$1$10$50$200+Supply: Indian Startup Information (ISN)
The 5 greatest rounds
The highest 5 startups this week raised about $225.71 million between them, roughly 93% of the week’s complete.
Yulu
Yulu raised $93 million (about Rs 888.1 crore) in Collection C funding, comprising $63 million in fairness led by GEF Capital Companions and $30 million in debt.
The Bengaluru-based startup runs shared electrical two-wheelers for short-distance journey and deliveries, and plans to make use of the cash to quadruple its fleet to 200,000 autos over two years whereas making ready for a inventory market itemizing.
Sigma Superior Techniques
Sigma Advanced Systems raised Rs 460 crore ($48.03 million) by means of a preferential allotment led by Spark Capital, which positioned many of the situation with household workplaces and ultra-high-net-worth people by means of its Midas Transactions platform.
The Hyderabad-based defence and aerospace producer plans to make use of as much as 75% of the proceeds for acquisitions and strategic investments because it expands its UK operations and worldwide order guide.
Blacksmith
Blacksmith raised $45 million (Rs 429.8 crore) in a Collection B spherical led by Peak XV Companions, with Y Combinator and GV additionally taking part, valuing the startup at $550 million.
The San Francisco-based firm runs a cloud platform for testing and validating software program code, and can use the funds to develop its computing capability roughly tenfold as AI coding instruments enhance the quantity of code that wants checking.
Centricity
Centricity raised Rs 280 crore ($29.24 million) in a Collection A spherical led by SMBC Asia Rising Fund, with Lightspeed India Companions, Burman Household Workplace and different current traders additionally participating.
The Gurugram-based wealth administration startup will use the cash to develop its non-public wealth and NRI companies and add greater than 50 non-public bankers throughout India.
Bakingo
Bakingo raised Rs 99.7 crore ($10.44 million) in a Collection B spherical led by Faering Capital Development Fund III.
The Gurugram-based startup operates within the foodtech sector, although additional particulars on its plans weren’t out there.
Rising startups
Found Supplies
Discovered Materials raised $9 million (about Rs 86 crore) in a seed spherical led by Lightspeed, with Y Combinator, Peak XV Companions and several other angel traders additionally taking part. The San Francisco-based startup makes use of AI brokers to develop new supplies for semiconductor chips, specializing in supplies that may assist handle warmth in AI chips.
Scrubsy
Scrubsy raised Rs 27 crore ($2.82 million) from V3 Ventures. The Gurugram-based home-cleaning startup makes kitchen, lavatory and footwear-care merchandise, and can use the funding to develop its in-house manufacturing.
Ayati Units
Ayati Devices raised Rs 15 crore ($1.57 million) in a pre-Collection A spherical led by Inflexor Ventures. The Bengaluru-based medtech startup makes transportable diagnostic instruments for diabetic foot and vascular situations, and can use the funds to develop manufacturing and commercialisation in India and abroad.
Wippi · Lane
Wippi raised $1.2 million (approx. Rs 11.5 crore) in a seed spherical led by 12 Flags, with Warmup Ventures, Ventana Ventures and Ruvento Ventures additionally taking part. The Bengaluru-based startup builds screen-free, voice AI storytelling merchandise for youngsters and can use the funding to develop its engineering staff and manufacturing.
Lane raised Rs 8.5 crore in a spherical led by Kae Capital, with DeVC, Antler India and Panthera Peak additionally participating. The Bengaluru-based startup combines driving classes with RTO assist and is growing a sensor-based system to trace driving behaviour.
Vecton AI · FreightFox · Quarkitech
Vecton AI raised Rs 6 crore in a pre-seed spherical led by Zeropearl VC. The Bengaluru-based startup builds AI methods for banks and monetary establishments and locations engineers instantly with consumer groups throughout implementation.
FreightFox raised Rs 5 crore in a spherical led by HighLeaf, with current investor Aeravti Ventures additionally taking part. The Pune-based startup runs a transportation administration platform utilized by corporations together with Coca-Cola, PepsiCo and Hero MotoCorp.
Quarkitech raised Rs 2 crore in a pre-seed spherical from Artha Entry and Finvolve. The Chennai-based startup develops data-compression algorithms for defence and area sensors, geared toward decreasing the quantity of knowledge collected by radar, LiDAR and imaging methods.
Weekly funding offers by stage – ISNOffers by stage: Pre-Seed: 2; Seed: 2; Collection A / Pre-A: 2; Collection B & progress: 3; M&A: 3; Undisclosed: 4. Supply: Indian Startup Information.STAGEDEALSPre-Seed2Seed2Collection A / Pre-A2Collection B & progress3M&A3Undisclosed4
Mergers & Acquisitions
3 offers closed throughout the week
GalaxEye → StarOps
GalaxEye acquired StarOps this week. Monetary phrases of the deal weren’t out there on the time of publication.
Twelve Stone LLP → 17.39% stake in FreshBus
Twelve Stone LLP acquired a 17.39% stake in FreshBus this week. Additional particulars of the transaction weren’t out there on the time of publication.
Notice: Totals replicate disclosed quantities as reported by startups, corporations and filings. Funding Fusion is revealed weekly by the ISN Staff.