India’s Startup Surge: $303 Mn Raised in a Week, Juspay Becomes Unicorn

India’s startup ecosystem continues to showcase resilience and momentum, with funding activity surging past the $300 million mark this week. The deals highlight strong investor confidence across fintech, AI, and mobility sectors, reinforcing India’s position as the world’s third-largest startup hub.

Key Highlights

• Total Funding: $302.8 million raised across 37 deals, up 13% from last week.
• Sector Leader: Fintech startups collectively raised $87.2 million, topping sectoral charts.
• Juspay Milestone: Juspay raised $50 million from WestBridge Capital, achieving a $1.2 billion valuation and becoming India’s first unicorn of 2026.
• AI Breakthrough: Emergent, an AI coding startup, secured $70 million from SoftBank Vision Fund 2 and Khosla Ventures, tripling its valuation to $300 million.
• Mobility Boost: GreenCell Mobility raised $89 million from IFC, BII, and Tata Capital to expand EV infrastructure.
• Public Market Debut: Amagi, a media-tech startup, successfully listed on public markets, signaling maturity in India’s tech ecosystem.
• Active Investors: Fireside Ventures, Kae Capital, and Rainmatter backed three startups each, underscoring their aggressive investment strategies.

Sources: Inc42, Business Standard, TechCrunch