Weekly Funding Roundup: Simple Energy Leads India’s Top Startup Deals

Weekly Roundup: Simple Energy, Balwaan Krishi and Arivihan led India’s top startup funding deals this week.

By Entrepreneur Staff | Oct 03, 2026

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India’s startup funding landscape recorded USD 204.18 million across 16 equity rounds during September 25-October 1, compared to USD 102.65 million across 13 rounds in the previous week, an increase of 98.92%. Funding was up 661.41% compared to the week before that, which saw USD 26.82 million raised across 12 rounds.

The week’s funding activity was largely driven by late-stage funding, which accounted for USD 180 million, while early-stage startups raised USD 20.63 million and seed-stage startups raised USD 3.55 million. The week also witnessed two tech IPOs and one acquisition.

TOP FUNDING DEALS

1. Simple Energy
Simple Energy manufactures electric scooters designed for urban and long-distance travel. Founded in 2019 and headquartered in Bengaluru, the company raised USD 180 million in a Series C round from Haran Family Office, making it the largest funding deal recorded during the week.

Inception: 2019
Headquartered: Bengaluru
Funding Amount: USD 180 million
Investor: Haran Family Office

2. Balwaan Krishi
Balwaan Krishi provides a platform for buying agricultural machinery and tools. Founded in 2016 and headquartered in Jaipur, the company raised USD 10.43 million in a Series B round led by First Bridge Fund.

Inception: 2016
Headquartered: Jaipur
Funding Amount: USD 10.43 million
Lead Investor: First Bridge Fund

3. Arivihan
Arivihan provides AI and app-based tutoring solutions for school students. Founded in 2019 and headquartered in Indore, the company raised USD 10.2 million in a Series A round led by Accel and Prosus, with participation from GSF India.

Inception: 2019
Headquartered: Indore
Funding Amount: USD 10.2 million
Lead Investors: Accel, Prosus

4. Bangalore Watch Company
Bangalore Watch Company operates an online platform offering wristwatches. Founded in 2018 and headquartered in Bengaluru, the company raised USD 1.4 million in a seed round.

Inception: 2018
Headquartered: Bengaluru
Funding Amount: USD 1.4 million

5. Alive
Alive operates platforms facilitating bookings for curated leisure activity experiences. Founded in 2023 and headquartered in Bengaluru, the company raised USD 1 million in a seed round led by Powerhouse Ventures and Flipkart Ventures.

Inception: 2023
Headquartered: Bengaluru
Funding Amount: USD 1 million
Lead Investors: Powerhouse Ventures, Flipkart Ventures

6. Zaperon
Zaperon provides an identity-centric secure service edge platform. Founded in 2022 and headquartered in Delhi, the company raised USD 0.73 million in a seed round led by IP Ventures.

Inception: 2022
Headquartered: Delhi
Funding Amount: USD 0.73 million
Lead Investor: IP Ventures

7. Aignosis
Aignosis offers AI-based solutions for early autism screening and detection. Founded in 2024 and headquartered in Jaipur, the company raised USD 0.42 million in a seed round led by Antler, with participation from angel investors Nikhil Kamath and Varun Dua.

Inception: 2024
Headquartered: Jaipur
Funding Amount: USD 0.42 million
Lead Investor: Antler

8. Riffle
Riffle provides a platform focused on restoring musical expression through play. Founded in 2024 and headquartered in Bengaluru, the company raised an undisclosed amount in a seed round from Peak XV Partners.

Inception: 2024
Headquartered: Bengaluru
Investor: Peak XV Partners

9. Wingit
Wingit provides at-home beauty concierge services offering trials of premium makeup, skincare and fragrance products. Founded in 2026 and headquartered in Bengaluru, the company raised an undisclosed amount in a seed round from Peak XV Partners.

Inception: 2026
Headquartered: Bengaluru
Investor: Peak XV Partners

10. August AI
August AI operates an AI-based health assistant platform. Founded in 2022 and headquartered in Bengaluru, the company raised an undisclosed amount in a seed round from Peak XV Partners.

Inception: 2022
Headquartered: Bengaluru
Investor: Peak XV Partners

IPO Activity

The IPO market recorded two tech listings during the week.

Moneyview: Founded in 2014 and headquartered in Bengaluru, Moneyview provides loans, credit cards, gold investment, insurance and UPI services. The company listed on October 1, 2026, with a market capitalization of approximately USD 616.08 million at IPO.
Robokidz: Founded in 2010 and headquartered in Pune, Robokidz is a robotics education provider for children. The company listed on September 28, 2026, with a market capitalization of approximately USD 11.95 million at IPO.

M&A Activity

One acquisition was recorded during the week.

Polka Pop: Founded in 2020 and headquartered in Chennai, Polka Pop manufactures zero-sugar sparkling water in assorted fruit flavors. The company was acquired by Cavinkare on September 25, 2026, for an undisclosed amount.