StartupsNov 7, 2026, 11:47 AM UTC·1 min read

Indian Startups Raise $255 Mn in a Week, Led by GIVA's $103 Mn

Twenty Indian startups raised $255 Mn between November 2 and 6, up 96% week-on-week, even as deal count fell 38%. GIVA's $103 Mn round led the tally.

Bar chart style illustration of weekly Indian startup funding totals with rupee and dollar symbols — Image: Inc42 Media

Indian startups raised a combined $255 Mn across 20 deals between November 2 and 6, a 96% increase from the $130.3 Mn raised the previous week. The number of deals, however, dropped 38% from 32 in the preceding week, which means larger cheques drove the rise.

Ecommerce leads, deeptech sees most deals

The biggest single round was GIVA's $103 Mn fundraise, which made ecommerce the most funded sector of the week. Early-stage beauty and personal care brand Hyeglo Beauty also raised $744K in a round led by Sauce.vc.

Deeptech recorded the highest number of deals. Four startups in advanced hardware and technology raised a total of $21 Mn. Among investors, Omnivore was the most active, backing altM and Two Point O Capital.

Funds, IPO and exits

Wealth management group Daksham Capital launched its first consumer-focused fund, with a target corpus of ₹300 Cr that includes a ₹150 Cr greenshoe option.

SEBI has approved Razorpay's IPO, sized at ₹5,000 Cr to ₹6,000 Cr. The issue is expected to value the payments company at around ₹47,000 Cr, with a listing likely between January and March 2027.

In a secondary transaction, early backer Blue Ashva Capital sold its entire stake in iD Fresh Food for ₹50 Cr. Upsurge India, Triumph Global Fund and White Whale Ventures bought the shares.

Deals in the pipeline

D2C home appliances brand Nuuk is in talks to raise ₹100 Cr at a valuation of about ₹500 Cr. Wipro Consumer Care Ventures and RPSG Capital Ventures are likely to lead the round.

Separately, Fireside Ventures cofounder and partner Vinay Singh is stepping down from the firm after nearly a decade.

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Tags:indian startupsfundinggivarazorpayipoweekly funding