Indian startup funding dropped sharply in the week of November 9 to 13, 2026, with nine startups raising a combined $25.2 Mn, according to Inc42’s weekly funding roundup published on November 14, 2026. That is down 90.1% from the $255 Mn raised the previous week.
The number of deals also fell, from 20 to 9, a drop of 55%. Clean tech led the week by amount, while AI and early-stage companies made up much of the rest of the deal list.
Which Indian Startups Raised Funding This Week?
Inc42 lists nine deals announced between November 9 and 13. The largest was Greenjoules, a clean tech and climate tech B2B startup, which raised $16 Mn on November 11 in a Series B round. The company said this was part of a larger round. Smbhav Venture Fund and Climate Pledge Fund led, with Strategic Autonomy Fund and Rainmatter also participating.
Among the other deals:
- Kutlerri.ai, an AI application-layer B2B startup, raised $4 Mn on November 13 from Narahari Investments. The round was not specified.
- Froncort.AI, an AI application-layer startup serving B2B and B2G customers, raised $2.3 Mn on November 10, led by Google.org.
- mistEO, an AI application-layer B2B startup, raised $1.9 Mn in a seed round on November 12, led by MGF-Kavachh with Seafund.
- Hundo Pizza, a cloud kitchen, raised $796K on November 12, led by Titan Capital with several angel investors.
- ECOPATH, a climate tech startup, raised $238K in a seed round on November 10 from Social Alpha and Gemcorp Recycling & Technologies.
- QB Men (pre-seed), PlayBlue and Recykal disclosed no amounts. QB Men was backed by BeyondSeed, Rajkot Ventures and Prajay Advisors, PlayBlue by cricketer KL Rahul, and Recykal by cricketer Sachin Tendulkar.
Which Sectors Led Funding?
Inc42 reports clean tech had three deals worth $16.2 Mn, and AI had three deals worth $8.2 Mn. Early-stage rounds (seed and pre-seed) accounted for three deals worth $2.1 Mn. Two ecommerce deals did not disclose amounts.
What It Means for Indian Businesses and Founders
A single week is a small sample, and the previous week was unusually large, so the 90.1% fall should be read as a swing between two weeks and not as a trend. For founders, the week shows that smaller cheques at seed and pre-seed stage, along with grant-style funding such as the Google.org deal, continue to flow even when large rounds are fewer.
Other Developments in the Roundup
Inc42 also reported that Norwest closed its Norwest 18 fund at $4 Bn, taking its total assets under management to $18 Bn. InCred Capital acquired the India business of London-based Quintessentially. PlatinumRx is in talks to raise about $32 Mn led by Sofina Ventures, which could value it at $150 Mn to $200 Mn. The PlatinumRx deal is still under discussion and has not been completed.
Industry Reaction and Expert Commentary
No investor or industry commentary on the week’s funding totals was found in the source reviewed for this article.
What Happens Next?
The next weekly roundup will show whether funding returns toward the previous week’s level. The PlatinumRx round is one deal to watch, as it has been reported as under discussion and not closed.
Frequently Asked Questions
How much did Indian startups raise between November 9 and 13, 2026?
Nine startups raised a combined $25.2 Mn, according to Inc42.
Which was the biggest deal of the week?
Greenjoules raised $16 Mn in a Series B round on November 11, as part of a larger round.
How does this compare with the previous week?
Funding fell 90.1% from $255 Mn, and deal count fell from 20 to 9.
Source: Inc42, November 14, 2026.
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