Indian startups raised over $215 million from August 24 to August 29, 2026; Third Wave Coffee tops the list

Between August 24 to August 29, 2026, as many as 20 Indian startups from diverse sectors raised over $215.17 million in funding from investors. That is 54% down week-on-week from $469.78 million logged the previous week, when Wispr raised $280 million.

Bengaluru-based specialty coffee chain Third Wave Coffee topped this week's chart with a $42.71 million round from WestBridge Capital, accounting for nearly 20% of the week's total capital.

Five rounds crossed $20 million this week, and together they made up the bulk of the money raised. Third Wave Coffee, Airbound, Matter Motor Works, Runable and Nexedge Capital took most of the capital, while the rest of the week's rounds stayed well under half that size.

The sectors that got funded this week include Cafe, Deeptech, Skincare, Spiritual Services, EV, Aerospace, Fintech, Cleantech, Kitchenware, AI, Enterprise AI, Petcare, Foodtech, Healthtech, Logistics, Spacetech.

Weekly funding fell to $215.17 million after touching $469.78 million the previous week, itself a jump from $242.55 million in the first half of August. The three-week run shows a sharp pull back after last week's spike.

The table below lists every funded startup this week, along with the amount raised, stage, sector, investors and city. Together they show how the week's $215.17 million was spread across the sectors funded.

Amounts in USD as reported; rupee rounds converted at announcement rates. Articles linked per row.

City-wise split of this week's disclosed capital

The top five rounds of the week raised about $145.71 million between them, roughly 68% of the week's total capital.

Third Wave Coffee raised Rs 408 crore (about $42.71 million) in a round led by existing investor WestBridge Capital, with Creaegis and angel investors also participating. The round combined primary and secondary capital and takes the startup's total funding to about $105 million.

The Bengaluru-based specialty coffee chain runs more than 240 cafes and plans to grow that to 320 by the end of this financial year. The fresh capital will fund expansion into new cities, deeper store density and its dessert business, Third Rush Desserts.

Airbound raised $37 million (about Rs 353.4 crore) in a Series A round led by Greenoaks, with DoorDash, Lachy Groom, Lightspeed and Humba Ventures also participating. The round takes the Bengaluru startup's total funding to nearly $50 million since it launched in 2023.

Airbound builds autonomous aircraft for small-package deliveries and has signed an agreement with the Andhra Pradesh government for a three-city drone delivery network. The money will go towards engineering, commercial-scale manufacturing and bringing its aircraft to market.

Matter Motor Works raised $25 million (about Rs 238.8 crore) from existing investors including Helena, Capital 2B, Japan Airlines, Translink Innovation Fund and SMSC. The round takes the Ahmedabad startup's total funding to around Rs 1,000 crore.

Matter makes the AERA electric motorcycle and develops its own powertrain, battery systems and software in-house. The fresh capital will expand manufacturing and supply-chain capacity and fund four new AERA-based motorcycles over the next two years.

Runable raised $21 million (about Rs 200.6 crore) in a Series A round co-led by Susquehanna Venture Capital and Nexus Venture Partners, with Together Fund and Array VC also participating. The Bengaluru startup was founded only last year and has already crossed 1.5 million users.

Runable's AI agent builds websites and apps and then runs marketing, customer outreach and paid advertising for small businesses. The new funding will add growth channels, expand its free Runable Academy programme and fund hiring across engineering and product.

Nexedge Capital raised $20 million (about Rs 191 crore) in its maiden funding round, led by Mirae Asset Venture Investment and Elev8 Venture Partners. The New Delhi-based wealth manager already handles more than $3 billion in assets across about 1,300 clients.

Nexedge serves affluent investors with at least Rs 10 crore in investable assets and plans new lines for NRIs and portfolio management. The capital will expand its senior banker network and its presence into Tier-II and Tier-III cities.

InstaAstro raised $12 million (about Rs 114.6 crore) in a Series A round led by Singularity AMC and Artha Venture Fund, with its founders also participating. The Noida-based astrology and spiritual wellness platform will use the money to expand into regional and international markets and grow its AI and Pooja Seva businesses.

InspeCity raised Rs 100 crore (about $10.47 million) in a pre-Series A round led by Speciale Invest and Ashish Kacholia, with Antler Elevate, Antler India and others participating. The Thane-based spacetech startup builds technology for in-space servicing, mobility and satellite life-extension, and will use the funds for flight qualification and its first in-orbit missions.

Ringg AI raised $10 million (about Rs 95.5 crore) in an extension of its Series A round led by Peak XV Partners, with Arkam Ventures and Capital 2B also participating. The Bengaluru startup builds AI voice agents for businesses such as Flipkart, Practo and Groww, and processes about 20 million call attempts a month.

Asaya raised Rs 88 crore (about $9.21 million) in a Series A round from RPSG Capital, OTP Ventures, Huddle Ventures, Hyperscale Ventures and 72 Ventures, at a valuation of Rs 400 crore. The Bengaluru skincare brand focuses on melanin-rich skin and said it is now running at a Rs 100 crore ARR.

TrucksUp Solutions raised $8.2 million (about Rs 78.3 crore) in a growth round from institutional investors and family offices. The Gurugram freight marketplace, a step-down subsidiary of Ritco Logistics, will use the money to strengthen its technology and freight-matching engine.

Omega Seiki Mobility raised Rs 50 crore (about $5.23 million) co-led by Abhishek Misra, Unistone Capital and Sanjeev Agarwal Family Office. The New Delhi-based commercial EV maker will use the funds to scale manufacturing and expand into passenger mobility and premium electric two-wheelers.

Cüraa raised Rs 40 crore (about $4.19 million) in a Series A round led by 3one4 Capital, with Kae Capital, Lumikai and Better Capital also participating. The Mumbai kitchenware brand, founded by Chef Sanjyot Keer and Neeraj Kumawat, will expand its product range and warehousing.

Utsav raised Rs 36 crore (about $3.77 million) in a Series A round led by Atomic Capital, with India Quotient and Equanimity Investments also participating. The Kolkata spiritual services platform connects devotees with temples for puja bookings and prasad delivery, and plans to grow its temple network.

Infineon Technologies AG acquired C2i Semiconductors this week. C2i is a Bengaluru-based startup that specialises in software defined multiphase controllers and smart power stages for AI data centre applications.

Healthify merged with US-based Berry Street this week. Financial terms were not available at the time of reporting.