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.

— Filed Sat, 16 May, 2026, 09:02 IST · Source Inc42 · Updated

Indian startups raised $303 Mn this week led by Rapido's $240 Mn round. Retail-relevant deals include Wingreens Farms, Dil Foods cloud kitchen, Bobakat QSR, D2C brands, EaseMyTrip's ₹500 Cr rights issue, and Zoho's ₹70 Cr ONDC investment.

Why this matters

Rapido's $240 Mn Prosus-led round at a $3B valuation dominates weekly funding for the third signal running, with food, parcel and flight expansion now framing its capital deployment.

Retail-company signal flow steady at 414 signals in the last 90 days.

Also reported by