From LightFury Games To STCH — Indian Startups Raised $39 Mn This Week

Posted On April 25, 2026 | From Akshit Pushkarna

Funding trends continued to remain subdued for the world’s third largest startup ecosystem this week. Between April 20 and 24, Indian startups managed to raise $39 Mn across 15 deals. This marked a 35% decline from last week’s $60 Mn lapped up across a similar number of deals last week.

This is the lowest weekly funds netted by Indian startups in 2026.

Funding Galore: Indian Startup Funding Of The Week [April 20 — 24]

Date	Name	Sector	Subsector	Business Model	Funding Round Size	Funding Round Type	Investors	Lead Investor
23 Apr 2026	LightFury Games	Media & Entertainment	Gaming	B2C	$11 Mn	Pre-Series A	Blume Ventures, V3 Ventures, MIXI, Times Internet, MS Dhoni, Jasprit Bumrah, Hardik Pandya, Shreyas Iyer, Ravindra Jadeja, Tilak Varma, Sai Sudharsan	–
22 Apr 2026	M	Real Estate Tech	Real Estate Services	B2C	$8.8 Mn	Seed	Peak XV Partners, Blume Ventures, CRED	–
23 Apr 2026	STCH	Enterprise Services	–	B2B	$5.5 Mn	Pre-Series A	Omnivore, Kae Capital, WVC	Omnivore
22 Apr 2026	Spill Games	Media & Entertainment	Gaming	B2C	$3.1 Mn	Seed	Centre Court Capital, PeerCapital, All In Capital	Centre Court Capital, PeerCapital
21 Apr 2026	NudgeBee	AI	Application Layer	B2B	$3 Mn	Seed	Kalaari Capital	Kalaari Capital
21 Apr 2026	Lawyered	AI	Application Layer	B2C	$2.5 Mn	Pre-Series A	Rainmatter, Turbostart, Finvolve	Rainmatter, Turbostart
21 Apr 2026	PrimeInvestor	Fintech	Investment Tech	B2C	$2.1 Mn	Seed	Rainmatter	Rainmatter Capital
23 Apr 2026	Deep Algorithm	AI	Application Layer	B2B	$1.7 Mn	Pre-Series A	Unicorn India Ventures, SB Investment, Prakash Govindan (Gradiant), Himanshu Singhal (inMorphis India)	Unicorn India Ventures
21 Apr 2026	CureMeAbroad	Travel Tech	–	B2C	$600K	Pre-Seed	Roman Saini (Unacademy), Himanshu Ratnoo (ex-CEO, Cars24 India), Kunal Gupta (EMotorad), Devaiah Bopanna (Moonshot), Vikrant Potnis (Indian Academy of Venture Capital)	–
21 Apr 2026	Açaí Theory	Foodtech	QSR	B2C	$424K	Seed	All In Capital	All In Capital
20 Apr 2026	Clarity Labs	Ecommerce	D2C	B2C	$424K	Seed	Artha Ventures	Artha Ventures
20 Apr 2026	Khetika	Ecommerce	D2C	B2C	–	–	AYRA Ventures, NSFO, Anicut Capital	AYRA Ventures
22 Apr 2026	Chupps	Ecommerce	D2C	B2C	–	Pre-Series B	Ajinkya Rahane (Cricketer)	Ajinkya Rahane
20 Apr 2026	Panoculon Labs	Advanced Hardware & Technology	Internet Of Things (IoT) & Hardware	B2C	–	Seed	India Accelerator, Finvolve	India Accelerator, Finvolve
21 Apr 2026	Digital Paani	Clean Tech	Climate Tech	B2B-B2C	–	–	AWE Funds	AWE Funds
	Source: Inc42

Key Startup Funding Highlights Of The Week

On the back of LightFury Games’ $11 Mn fundraise, media and entertainment segment emerged as the most funded startup sector this week. Besides LightFury, Spill Games also raised $3.1 Mn.
The highest number of deals materialised in the AI segment, with three startups cumulatively securing $7 Mn.
Rainmatter and Finvolve were the most active investors this week. Each investor backed 2 startups apiece.
Seed-stage funding surged multifold to $17.8 Mn this week compared with $3.3 Mn raised bys startups at this stage last week.

Other Developments This Week

MTG-owned gaming studio PlaySimple Games filed DRHP for an OFS-only IPO of ₹3,150 Cr with SEBI.
Edtech startup Emversity acquired healthcare talent mobility platform Lanstitut Technologies for an undisclosed amount.
Dhan parent Raise Financial Services acquired algo-trading platform Stratzy in a cash-and-stock deal.
Razorpay is planning to file for an IPO via the confidential route to raise $600 Mn to $700 Mn at a valuation of $5 Bn to $6 Bn soon.

The post From LightFury Games To STCH — Indian Startups Raised $39 Mn This Week appeared first on Inc42 Media.