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Indian startup funding slumps 27% MoM to $630M in May, even as Rapido bags $240M Series F
May 2026 funding fell to $630M, down 27.2% MoM and 45% YoY, despite Rapido's $240M Series F and Skyroot's $60M raise. Bengaluru captured 65% of capital; fintech led sectors at $97M. Zepto secured SEBI IPO nod, Emami took 60% in InCut Digital, while 680 layoffs at Apna Mart and others signal cautious investor mood.
Entrackr · Newsletter · 6/1/2026, 6:15:02 AM
Weekly startup funding plunges 70% to $92.2 Mn as ecommerce leads deal count
Inc42's roundup flags a 70% drop in weekly Indian startup funding to $92.2 Mn, with ecommerce topping deal volume. Scapia raised $63 Mn and StrainX $13 Mn, while Cashfree leans on cross-border payments to defend its PA niche amid 55 PA licences in play.
Inc42 · 5/25/2026, 2:35:59 AM
Vertex Ventures pivots $540M fund V to deeptech as Kuku FM, Pilgrim line up consumer IPO exits
Vertex Ventures is steering its $540M fifth fund toward semiconductors, robotics and batteries, writing $2-10M cheques for 15-20% stakes. Meanwhile, consumer bets are harvesting: Kuku FM targets a $200M IPO this year and beauty brand Pilgrim is IPO-ready within 24 months, signaling a maturing exit window for India's D2C cohort.
Mint · Companies · 5/15/2026, 12:08:17 PM