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0 mentions · last seen 6/5/2026

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Indian startups bag $303 Mn this week; Rapido leads with $240 Mn, retail-D2C deals follow

Rapido's $240 Mn round anchored a $303 Mn week. Retail-adjacent raises included Wingreens Farms ($12.6 Mn), Dil Foods cloud kitchen ($7.7 Mn), Legend Of Toys ($2.2 Mn), and QSR play Bobakat. EaseMyTrip launched a ₹500 Cr rights issue; Zoho committed ₹70 Cr to ONDC.

Inc42 · 5/16/2026, 3:32:39 AM

Rapido's $240M raise at $3B valuation lifts weekly Indian VC inflow to $323M across 22 deals

India's startup funding window for May 9-15, 2026 closed at $323M across 22 transactions, anchored by Rapido's $240M round at a $3B valuation. Consumer plays drew material capital: Wingreens (Rs 120 cr), Dil Foods (Rs 72 cr, backed by Bikaji Foods Family Office), and Mekr Technologies (Rs 67 cr).

YourStory · 5/15/2026, 2:47:02 PM

Rapido's $240M raise drives India VC inflow to $323M across 22 deals

Indian startups pulled in $323M across 22 deals during May 9-15, with Rapido's $240M round accounting for nearly three-quarters of the weekly tally. Consumer plays drew meaningful cheques: Wingreens (Rs 120cr), virtual-restaurant operator Dil Foods (Rs 72cr, backed by Bikaji Family Office), and electronics maker Mekr (Rs 67cr).

YourStory · Capital · 5/15/2026, 2:47:00 PM

Dil Foods raises Rs 72 crore Series B to scale virtual restaurant platform

India's largest virtual restaurant platform for regional cuisine secures Rs 72 crore Series B led by Bikaji Foods family office, with V3, MJV and Alteria participating. Total funding now Rs 113 crore. Currently operates 10 regional brands across 6 cities and 340 pin codes, with capital earmarked for next phase of growth.

ET Hospitality · 5/15/2026, 1:35:38 AM

Dil Foods bags Rs 72 Cr Series B to scale virtual brands to 600 locations by FY28

Bikaji Family Office-led round takes Dil Foods' total funding to Rs 113 Cr. The virtual restaurant platform, now across 10 brands, 6 cities and 300+ restaurant partners, is targeting Rs 500 Cr annualised revenue and 600 locations by FY28 — a 30x scale-up from its early-stage footprint.

BW Retail World · 5/13/2026, 10:36:32 PM

Dil Foods raises ₹72 Cr Series B to nearly double virtual-restaurant footprint by FY28

Bikaji Foods Family Office-led round pushes total capital to ₹113 Cr. Dil Foods plans to scale from 340 to 600 pincodes across Tier I/II cities, add regional cuisine brands, and deepen supply chain as it chases a $59 Bn food delivery opportunity by 2030.

Inc42 · 5/13/2026, 10:32:40 PM