From Noon To Palmonas— Indian Startups Raised $132 Mn This Week

Indian startup funding momentum slowed down in the first week of April amid escalation in geopolitical tensions. Between March 30 and April 3, startups raised about $131.5 Mn across 18 deals. This marked a 62% decline from the $348.2 Mn raised across 25 deals last week.

Funding Galore: Indian Startup Funding Of The Week [Mar 30 — April 03]

Date	Name	Sector	Subsector	Business Model	Funding Round Size	Funding Round Type	Investors	Lead Investor
3 Apr 2026	Noon	Enterprise Tech	Horizontal SaaS	B2B	$44 Mn	–	Chemistry, First Round Capital, Scribble Ventures, Elevation Capital, Afore Capital	Chemistry
1 Apr 2026	Palmonas	Ecommerce	D2C	B2C	$40 Mn	Series B	Xponentia Capital, Vertex Growth Fund, Vertex Ventures SE Asia & India	Xponentia Capital, Vertex Growth Fund
31 Mar 2026	Bachatt	Fintech	Investment Tech	B2C	$12 Mn	Series A	Accel, Lightspeed, Info Edge Ventures	Accel
31 Mar 2026	Gnani.ai	AI	Application Layer	B2B	$10 Mn	Series B	Aavishkaar Capital, Info Edge Ventures	Aavishkaar Capital
1 Apr 2026	NowPurchase	Ecommerce	Vertical Marketplace	B2B	$8.5 Mn	–	Bajaj Finserv, Info Edge Ventures, Orios Venture Partners, Real Ispat Group, S Four Capital partner Shikhar Raj, Madhur Gupta (Lloyds Group)	Bajaj Finserv
30 Mar 2026	Bacancy System	Enterprise Services	Manufacturing Solutions	B2B	$4.2 Mn	Series A	Sabre Partners, Greenstone Capital	Sabre Partners, Greenstone Capital
2 Apr 2026	Aquapulse	Agritech	Farmtech	B2C	$2.7 Mn	Series A	NABVENTURES	NABVENTURES
1 Apr 2026	Xovian Aerospace	Advanced Hardware & Technology	Spacetech	B2B	$2 Mn	–	Ashish Kacholia (Lucky Investment Managers)	Ashish Kacholia
1 Apr 2026	TenderCuts	Ecommerce	D2C	B2C	$2 Mn	Debt	Lakme Finance	Lakme Finance
31 Mar 2026	Sign3	AI	Application Layer	B2B	$1.5 Mn	–	Cedar Hill Capital, Smile Group, Rajesh Sawhney (GSF), Dinesh Agarwal (IndiaMart), Anup Agarwal (Kiwi), Vinay Bagri (Niyo)	Cedar Hill Capital
30 Mar 2026	Cropcoin	Agritech	Agri-BioTech	B2C	$1.3 Mn	Pre-Series A	Unicorn India Ventures, Climate Angels	Unicorn India Ventures
2 Apr 2026	Navanc	Fintech	Fintech SaaS	B2B	$1.1 Mn	Pre-Series A*	Equentis, GrowthCap Ventures, Navin Kukreja (Paisabazaar), Gaurav Aggarwal (ex-Paisabazaar), Prasanna Rao (Arya.ag), Brigade REAP, Prarambh Ventures, IIMA Ventures, Inflection Point Ventures	Equentis
1 Apr 2026	Fanon	Media & Entertainment	Social Netwroking Platform	B2C	$1 Mn	Pre-Seed	Kalaari Capital, Gruhas	Kalaari Capital, Gruhas
30 Mar 2026	Epik	Consumer Services	Quick Commerce	B2C	$1 Mn	Pre-Seed	Info Edge Ventures, Anirudh Prasad (Angel Investor), Bhaskar Raju K (Angel Investor), Deepak K Gowda (Angel Investor), Vineet Jain (Angel Investor), Vedang Patel (Angel Investor)	Info Edge Ventures
2 Apr 2026	Gabify	Health Tech	Therapy	B2C	$175K	Pre-Seed	Inflection Point Ventures	Inflection Point Ventures
1 Apr 2026	InterCosmos	Advanced Hardware & Technology	Spacetech	B2B	–	–	IAN Group	IAN Group
30 Mar 2026	Kuku FM	Media & Entertainment	OTT	B2C	–	–	MS Dhoni	MS Dhoni
1 Apr 2026	CredResolve	Fintech	Lending Tech	B2B	–	Pre-Series A	Merak Ventures, Unleash Capital Partners, CDM Capital	Merak Ventures
Source: Inc42 *Part of a larger round

Key Startup Funding Highlights Of The Week

• Ecommerce topped the sectoral funding charts this week. Three ecommerce startups cumulatively bagged $50.5 Mn from investors like Xponentia Capital, Bajaj Finserv and Lakme Finance.
• Fintech segment also saw a similar number of deals materialise this week. Bachatt, Navanc and CredResolve netted over $13.1 Mn in cumulative funding this week.
• Three startups at the seed stage raised $2.2 Mn, down 27% from last week.
• InfoEdge Ventures emerged as the most active investor this week with four funding deals.

Other Developments Of The Week

• Garuda Aerospace, Zetwerk and Rediff filed for IPOs this week via the confidential route.
• Bajaj Finserv is mulling to launch a dedicated private equity fund focused on AIstartups, along with plans to invest directly in early-stage AI startups through its own balance sheet
• RedTape parent Mirza International’s MD Tauseef Mirza acquired D2C brand Solethreads in an undisclosed financial deal.
• Fintech unicorn Dhan is in talks to acquire Bengaluru-based Infinyte Clubto foray into the wealthtech segment. The acquisition is expected to be worth around $10 Mn.

Zaggle’s board approved an investment of about ₹50 Cr in acquired fintech startup Rio.Money.

Nazara is in talks to raise around $100 Mn in a pre-IPO round, cofounder Akshat Rathee told Inc42.

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