Monthly roundup · India · August 2026
Monthly roundup · India · August 2026Startup funding in India, August 2026: River Mobility's $120M Series C leads 8 rounds
We read 8 equity rounds raised in India and announced in August 2026, raising $283M between them: 4% of the rounds we read worldwide that month and 1% of the money. The largest was River Mobility's $120M Series C, led by Declaration Partners and Elev8 Venture Partners. The median seed round was $865K, against $2.3M over the last twelve months in India; at Series A it was $21M. IAN Angel Fund led the most rounds, with 2.
The biggest rounds
- 1RRiver MobilitySeries C · led by Declaration Partners, Elev8 Venture Partners$120M
- 2
YuluSeries C · led by GEF Capital Partners$93M - 3
AirboundSeries A · led by Greenoaks$37M - 4RRunableSeries A · led by Nexus Venture Partners, Susquehanna Asia Venture Capital$21M
- 5RRinggSeries A · led by Surge$10M
- 6
CarbonStrongSeed · led by IAN Angel Fund$1.3M - 7
InviselSeed · led by IAN Angel Fund$419K
Day by day
Equity rounds raised in India and announced each day of August. The busiest day was 25 August, with 3.
By stage, against the year
Each stage's median this month beside its twelve-month median: India's own where we hold enough rounds for a benchmark, otherwise the worldwide one.
The most active leads
Firms that led two or more of the month's rounds in India.
In what
- Chemicals & Materials3
- Automotive & EVs2
- Climate Tech2
- AI2
- Delivery2
- Logistics2
- Deeptech1
- SaaS1
Chemicals & Materials was the busiest sector in India.
Against the world
- Rounds, India8
- Rounds, worldwide220
- Raised, India$283M
- Raised, worldwide$25B
93 roundsUnited States→
24 roundsUnited Kingdom→
12 roundsAustralia→
9 roundsCanada→
8 roundsBrazil→
5 roundsChina→