Indian startups raise $255 million in a week as funding almost doubles
Indian startups raised about $255 million across 20 deals between 2 and 6 November 2026, according to Inc42's weekly tracker. That is 96% more than the $130.3 million raised the week before. The number of deals fell 38%, from 32 to 20, so the money went into fewer, bigger rounds.
Two deals made up most of the total.
GIVA, a direct-to-consumer jewellery brand, raised about $103 million in a round led by Multiples Alternate Asset Management. Epiq Capital and Edelweiss Discovery Fund also took part.
EloElo Group, a video and entertainment platform, raised $80 million in a Series C round led by NBCUniversal and Hornbill Capital.
Several smaller rounds crossed the $10 million mark. Clinics On Cloud (healthtech) raised $12.5 million in Series A. Peppermint Robotics raised about $10.5 million in pre-Series B. altM (climate tech) raised $10.3 million in Series A led by Rainmatter and Mela Ventures. Two Point O Capital (lending tech) raised $10 million in Series A. PowerUp Money (wealth tech) raised $10 million, with Flourish Ventures, Peak XV Partners and Accel among the investors.
What it means: A weekly total can swing a lot because of one or two large rounds. This week was lifted by GIVA and EloElo, which together made up about 72% of the money raised. The number of deals is the better sign of how many startups are getting funded, and that number fell.
Funding figures are from Inc42's weekly report and may be revised as more deals are disclosed. This article is for information and is not investment advice.