Skyroot Aerospace
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Signals
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