Monthly roundup · India · September 2026

Startup funding in India, September 2026: Simple Energy's $180M Series C leads 25 rounds

By Millionrounds ResearchPublished 1 October 2026Updated 10 October 2026

We read 25 equity rounds raised in India and announced in September 2026, raising $748M between them: 7% of the rounds we read worldwide that month and 2% of the money. The largest was Simple Energy's $180M Series C, led by Dr. Arokiaswamy Velumani Family Office. The median seed round was $4.0M, against $2.3M over the last twelve months in India; at Series A it was $9.0M. sauce.vc led the most rounds, with 2.

Equity rounds25raised in India, 24 with an amount
Raised$748Macross those rounds
Lead named88%of rounds say who led
Share of the world7%of rounds; 2% of the money

The biggest rounds

  1. 1Simple EnergySeries C · led by Dr. Arokiaswamy Velumani Family Office$180M
  2. 2AAMPIN Energy TransitionGrowth · led by Climate Investment Fund$100M
  3. 3PixxelSeries C · led by Temasek Holdings, Seraphim Space$100M
  4. 4KisshtGrowth$87M
  5. 5UltrahumanGrowth$70M
  6. 6FFlamSeries B · led by QED Investors$40M
  7. 7Ultraviolette AutomotiveSeries E · led by TDK Ventures, Yali Capital$39M
  8. 8QNu LabsSeries A · led by Speciale Invest, National Quantum Mission$21M
  9. 9GravityPre-seed · led by 3one4 Capital, Info Edge ventures$15M
  10. 10Graph AISeries A · led by Insight Partners$13M

Day by day

Equity rounds raised in India and announced each day of September. The busiest day was 30 September, with 4.

1 September30 September

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.

Pre-seed4$1.8Mthis month$2.0M12 months, worldwide
Seed4$4.0Mthis month$2.3M12 months here
Series A6$9.0Mthis month$10M12 months here
Series B3$10Mthis month$50M12 months, worldwide
Series C3$140Mthis month$100M12 months, worldwide
Growth4$78Mthis month$113M12 months, worldwide

The most active leads

Firms that led two or more of the month's rounds in India.

In what

AI was the busiest sector in India.

Against the world

  • Rounds, India25
  • Rounds, worldwide357
  • Raised, India$748M
  • Raised, worldwide$39B

The whole of September 2026

Other countries in September

116 roundsUnited States→ 46 roundsUnited Kingdom→ 21 roundsCanada→ 13 roundsGermany→ 11 roundsAustralia→ 9 roundsFrance→ 9 roundsChina→