Entracker

During the week, 21 Indian startups raised a total of $130.49 million, including 3 growth-stage and 15 early-stage deals, while 3 startups kept their funding undisclosed.

In comparison, the previous week saw 23 startups across early and growth stages secure around $202.79  million.

[Growth-stage deals]

Only three growth and late-stage deals took place this week, totaling $90.88 million. Cybersecurity startup Safe Security (formerly Lucideus) led the pack with a $70 million…

Kitchenware and home decor brand P-TAL is raising Rs 23 crore (approximately $2.7 million) from Rainmatter Capital, Anicut Capital, Venture Catalyst, RealTime Angel Fund, and 14 other investors.

P-Tal featured in Season 3 of Shark Tank India and secured Rs 1 crore funding from Aman Gupta, Anupam Mittal, Amit Jain, Namita Thapar, and Vineeta Singh.

The board at P-Tal to issue pre-Series A compulsory convertible preference shares to raise the aforementioned amount, its regulatory…

Foodtech and quick commerce major Swiggy has reported a 54% year-on-year growth in its operating revenue which spiked to Rs 4,961 crore during Q1 FY26 as compared to Rs 3,222 crore Q1 FY25. However, the Bengaluru-based company’s losses almost doubled in the same period.

Scootsy Logistics contributed a major 46% of Swiggy’s overall operating collection. Income from this entity increased by 78% YoY to Rs 2,259 crore in Q1 FY26 from Rs 1,268 crore in Q1 FY25.

Swiggy’s food…

Startup funding activity in India fell to its lowest point this year in July, with a 38% decline month on month from $960 million in June to just $598 million. The absence of any $100 million plus deals highlighted the cautious sentiment among investors. Notably, without a couple of pre-IPO rounds and large checks for India cum US-based startups, the total would have been closer to $400 million. Despite the sluggish funding inflow, July brought good news on the public markets front…

Construction management startup Powerplay is set to raise fresh capital from its existing backers, Accel India and Surge Ventures, after a three-year funding gap, but at a steep 57% valuation markdown.

The board at Powerplay has passed a special resolution to issue 1,739 Series A2 CCPS at an issue price of Rs 98,512.12 per share, to raise  Rs 17.13 crore (approximately $2 million), according to the company’s regulatory filings with the Registrar of Companies (RoC).