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).

Rapido's $240M raise pushed Indian startup funding to $323M across 22 deals in May 9-15, making up nearly 74% of the weekly tally.

YourStory · Capital · 5/15/2026, 2:47:00 PM · Ask about this →

Rapido + Bikaji Foods + Dil Foods + HrdWyr + Mekr Technologies + Sindhuja Microcredit + Wingreens +