# Startup funding in India, October 2026: Eloelo's $80M Series C leads 74 rounds

> We read 74 equity rounds raised in India and announced in October 2026, raising $696M between them: 10% of the rounds we read worldwide that month and 1% of...

Source: https://millionrounds.com/news/monthly/2026-10/india (Millionrounds; every figure on the page links to its filing or article)

Equity rounds **74** raised in India, 71 with an amount

Raised **$696M** across those rounds

Lead named **86%** of rounds say who led

Share of the world **10%** of rounds; 1% of the money

## The biggest rounds

- [1 **Eloelo** Series C · led by NBCUniversal, Hornbill Capital **$80M**](https://millionrounds.com/company/eloelo)
- [2 E **Even Healthcare** Series B · led by Khosla Ventures **$50M**](https://millionrounds.com/company/even-healthcare)
- [3 T **TVS Automobile Solutions** Series D · led by CE Ventures **$45M**](https://millionrounds.com/company/tvs-automobile-solutions)
- [4 **Boldfit** Series B · led by Bharat Value Fund, The Wealth Company Alternates **$42M**](https://millionrounds.com/company/boldfit)
- [5 **DailyObjects** Series C · led by Anicut Capital, Xponentia Capital **$35M**](https://millionrounds.com/company/dailyobjects)
- [6 **GreenCell Mobility** Growth · led by Impact Fund Denmark (formerly IFU) **$35M**](https://millionrounds.com/company/greencell-mobility)
- [7 **Whizzo** Series B · led by Aavishkaar Venture Capital, Bertelsmann Investments **$26M**](https://millionrounds.com/company/whizzo)
- [8 **Scimplify** Series C · led by Hitachi Ventures **$25M**](https://millionrounds.com/company/scimplify)
- [9 **Navitas Solar** Growth **$20M**](https://millionrounds.com/company/navitas-solar)
- [10 **Cent** Series A · led by Blume Ventures **$15M**](https://millionrounds.com/company/cent)

## Day by day

Equity rounds raised in India and announced each day of October. The busiest day was 27 October, with 11.

1 October 31 October

## 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-seed](https://millionrounds.com/benchmarks/pre-seed) *17* **$1.0M** this month **$2.0M** 12 months, worldwide

[Seed](https://millionrounds.com/benchmarks/seed/india) *21* **$2.1M** this month **$2.3M** 12 months here

[Series A](https://millionrounds.com/benchmarks/series-a/india) *16* **$7.9M** this month **$10M** 12 months here

[Series B](https://millionrounds.com/benchmarks/series-b) *11* **$12M** this month **$50M** 12 months, worldwide

[Series C](https://millionrounds.com/benchmarks/series-c) *6* **$20M** this month **$100M** 12 months, worldwide

[Series D](https://millionrounds.com/benchmarks/series-d) *1* **$45M** this month **$150M** 12 months, worldwide

[Growth](https://millionrounds.com/benchmarks/growth) *2* **$28M** this month **$113M** 12 months, worldwide

## The most active leads

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

- [**Blume Ventures** Cent, Hunar.AI, Lumio and 2 more *5 led*](https://millionrounds.com/fund/blume-ventures)
- [**3one4 Capital** Ace Blend, Sunfox Technologies, dubdub *3 led*](https://millionrounds.com/fund/3one4-capital)
- [**Fireside Ventures** Beyond Appliances, KISAH, Troovy *3 led*](https://millionrounds.com/fund/fireside-ventures)
- [**IvyCap Ventures** CureBay, Live2.ai *3 led*](https://millionrounds.com/fund/ivycap-ventures)
- [**Elevation Capital** Mesa School of Business, Spill Games *2 led*](https://millionrounds.com/fund/elevation-capital-2)
- [**Shastra VC** Nova Spectral AI, NuSynth Technologies *2 led*](https://millionrounds.com/fund/shastra-vc)

## In what

- [AI](https://millionrounds.com/news/monthly/2026-10/sector/ai) **25**
- [Healthcare](https://millionrounds.com/news/monthly/2026-10/sector/healthcare) **10**
- [E-commerce](https://millionrounds.com/news/monthly/2026-10/sector/ecommerce) **10**
- [Fashion](https://millionrounds.com/news/monthly/2026-10/sector/fashion) **7**
- [Fintech](https://millionrounds.com/news/monthly/2026-10/sector/fintech) **7**
- D2C **6**
- [B2C](https://millionrounds.com/news/monthly/2026-10/sector/b2c) **6**
- [Manufacturing](https://millionrounds.com/news/monthly/2026-10/sector/manufacturing) **6**

AI was the busiest sector in India.

## Against the world

- Rounds, India **74**
- Rounds, worldwide **733**
- Raised, India **$696M**
- Raised, worldwide **$59B**

[The whole of October 2026](https://millionrounds.com/news/monthly/2026-10)

## Other countries in October

[281 rounds **United States** *→*](https://millionrounds.com/news/monthly/2026-10/united-states)[56 rounds **United Kingdom** *→*](https://millionrounds.com/news/monthly/2026-10/united-kingdom)[31 rounds **China** *→*](https://millionrounds.com/news/monthly/2026-10/china)[25 rounds **Japan** *→*](https://millionrounds.com/news/monthly/2026-10/japan)[24 rounds **South Korea** *→*](https://millionrounds.com/news/monthly/2026-10/south-korea)[18 rounds **Canada** *→*](https://millionrounds.com/news/monthly/2026-10/canada)[17 rounds **France** *→*](https://millionrounds.com/news/monthly/2026-10/france)

**How this roundup is made**

It is written from the rounds we read that month in named articles and filings, counted by the country the company raised in. Only equity rounds with a stage count; debt, grants and public companies' raises do not. Each month the eight countries with the most equity rounds get their own roundup. We read more sources every month, so compare medians, not totals. [How we read rounds](https://millionrounds.com/methodology) · [Report a mistake](https://millionrounds.com/corrections)
