Dailyhunt Logo
  • Light mode
    Follow system
    Dark mode
    • Play Story
    • App Story
Indian startups raised over $158 million from May 18 to May 23, 2026; Scapia tops the list

Indian startups raised over $158 million from May 18 to May 23, 2026; Scapia tops the list

Between May 18 and May 23, 2026, as many as 14 Indian startups from diverse sectors raised over $158 million in funding from investors.

These sectors include Music, Fashion, Entertainment, Fintech, Traveltech, NBFC, Edtech, Biotech, and Robotics.

Last week, Indian startups raised over $289 million, with Ride-hailing unicorn Rapido raising $240 million alone.

High-value deals

A diverse range of sectors attracted investments during the week, with the Travetech space leading the pack. Leading this space was Scapia, which raised $63 million. Edtech unicorn upGrad raised $29.2 million.

The list was followed by NBFC firm Solfin Sustainable Finance, Dairytech firm Country Delight, and Mediatech startup Mythik, which collectively raised $41 million.

Solfin Sustainable Finance raised $29.2 million, Country Delight raised $6.8 million, and Mythik raised $5 million.

Emerging startups

Music startup Damroo raised $520,000, Digital fashion startup Meta Fashion raised $400,000 in a pre-Seed round, Mediatech startup Mythik raised $5 million, Robotics startup ANSCER Robotics raised $4.69 million, Wearables startup Sychedelic raised $3.5 million in a Seed round, Fintech startup Kalpi raised $390,000 in a Seed round, Fintech startup Trackk raised $3.7 million in a Seed round, Agri-finance startup ONO raised $1.2 million, Biotech startup Cellogen Therapeutics raised $2.09 million, and Owners ID raised $260,000 in a pre-Seed round.

Mergers & Acquisitions

The period also witnessed strategic mergers and acquisitions. Oxyzo Financial Services acquired GoldenPi Technologies and Innovaccer announced the asset acquisition of CaduceusHealth.

Dailyhunt
Disclaimer: This content has not been generated, created or edited by Dailyhunt. Publisher: Indian Startup News