From Mozark To Captain Fresh — Indian Startups Raised $207 Mn This Week

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Indian startup funding trends picked up this week after a muted start in the month of March. Between March 9 and 13, Indian startups cumulatively raised $206.5 Mn across 22 deals, marking a 112% jump from merely $97.6 Mn raised across 11 funding deals in the previous week

Funding Galore: Indian Startup Funding Of The Week [Mar 9 — 13]

DateNameSectorSubsectorBusiness ModelFunding Round SizeFunding Round TypeInvestors
11 Mar 2026MozarkEnterprise TechHorizontal SaaSB2B$40 MnSeries BInternational Finance Corporation, RMB Capitalworks, Kalaari Capital
10 Mar 2026Captain FreshEcommerceB2B EcommerceB2B$31.4 MnDebtBlue Earth Capital
13 Mar 2026WaycoolAgritechMarket LinkageB2B-B2C$22.7 MnLightrock India
12 Mar 2026Mosiac WellnessEcommerceD2CB2C$21.7 Mn*360One Asset
11 Mar 2026Bonkers CornerEcommerceD2CB2C$15 MnSeries AIndia SME Investments, Phoenix Family Office
9 Mar 2026KaarTechEnterprise TechHorizontal SaaSB2C$11 MnSeries BPlaybook Partners
9 Mar 2026StrideOneFintechLending TechB2B$11 Mn
10 Mar 2026Skye AirAdvanced Hardware & TechnologyAerial VehiclesB2B$9 MnSeries BIAN Alpha Fund, AVNM Ventures, Faad Capital, Bajaj Capital, Chiratae Ventures, Mount Judi Ventures
10 Mar 2026AquaExchangeAgritechFarmtechB2C$8 MnSeries BEndiya Partners, Factor Analytics, Accion Ventures
10 Mar 2026NewtraceCleantechClimate TechB2B$6.3 MnPre-Series AHDFC, Mitsui Sumitomo Insurance Venture Capital
10 Mar 2026Coreworks AIAIApplication LayerB2B$5 MnSeedTogether Fund
12 Mar 2026GalaxEyeAdvanced Hardware & TechnologySpacetechB2B$4.8 Mn**Series ASpeciale Invest, Mela Venture, Rainmatter, Mounttech Growth Fund, Anicut Capital, Navam Venture Fund, Faad Capital, LV Angel Fund, Eraya Capital
11 Mar 2026Boba BhaiFoodtechQSRB2C$4.4 Mn8i Ventures, Titan Capital Winners Fund and Global Growth Capital
11 Mar 2026Aditi ToysEcommerceD2CB2C$3.9 MnGVFL
10 Mar 2026Verdant ImpactAgritechAgri-Bio TechB2C$3 MnSeedUnicorn India Ventures, Infynyte Club, Yash Kotak (Jumper.ai), Alok Soni (Mud House Capital), a-IDEA NAARM
11 Mar 2026Constems-AIAIApplication LayerB2B$2 MnPre-Series AFinvolve, Cognify, AIF, Inflection Point Ventures, IIM Lucknow Enterprise Incubation Centre
11 Mar 2026OpenCFOFintechFintech SaaSB2B$2 MnSeedEndiya Partners
10 Mar 2026Zoff FoodsEcommerceD2CB2C$2 MnPre-Series BJM Financial, Aman Gupta (boAt)
11 Mar 2026ConfluxeEnterprise ServicesB2B$1.6 MnPre-SeedWavemaker Partners, Kriscore Capital
11 Mar 2026NPrepEdtechDigital Learning PlatformB2C$1.5 MnSeedLumikai
11 Mar 2026UP&RUNEcommerceD2CB2C$206K
9 Mar 2026Latent AIAIAI Infrastructure & DevelopmentB2BAUM Ventures
Source: Inc42
*Mix of primary and secondary transactions
** Part of a larger round

Key Startup Funding Highlights Of The Week
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  • Ecommerce funding continued to top the funding charts this week, with a fresh capital infusion of $74 Mn across 6 deals.
  • Enterprise tech startup Mozark raised the biggest cheque of $40 Mn this week. The overall funding in the sector stood at $51 Mn this week.
  • Seed funding for the week spiked 95% to $11.5 Mn from $5.9 Mn raised last week.
  • Faad Capital and Endiya Partners turned out to be the leading investors this week with 2 deals each.
Startup IPO Updates This Week
  • Shares of deeptech company SEDEMAC Mechatronics made a public debut this week. It got listed at ₹1,535 apiece on NSE, a premium of 13.5% to the issue price and ₹1,510 apiece on BSE.
  • Ecommerce giant Flipkart completed its reverse flip to India after receiving the nod from the Indian government, clearing the path for its market debut vision. With this, Flipkart’s India entity will merge with Flipkart’s Singapore-based subsidiaries.
Startup M&A Updates This Week
  • Enterprise tech startup Nitro Commerce acquired AI copilot company Zodiac Labs AI to offer insights and tools for brands to track their growth across quick commerce channels.
  • Dubai-based restaurant reservation platform Eat App acquired B2B table reservation platform ReserveGoto expand its footprint in India.
  • Used-car marketplaceCars24 acquired automotive utility startup Vehicle Info to expand beyond vehicle transactions.
  • B2B contract manufacturing startupKarkhana acquired electronics manufacturing services (EMS) firm Micron EMS Tech tol add a dedicated 40,000+ sq ft manufacturing facility in Bengaluru
Other Developments Of The Week
  • Listed foodtech giant Eternal infused ₹450 Cr into its quick commerce arm Blinkit to support its expansion of dark stores, working capital needs and other operational costs.
  • Edtech startupEmversity completed its first-ever ESOP liquidity event, amounting to ₹6.5 Cr and offering partial liquidity to 20 of its employees.
  • B2B contract manufacturing startup Bidso is in talks to raise around ₹40 Cr to ₹50 Cr in a funding round, sources told Inc42.
  • HomeRun, a startup offering quick commerce solutions for construction and home improvement materials, is in talks to raise around ₹100 Cr from Nexus Venture Partners, sources told Inc42.

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