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Indian Startup Funding Roundup | April 23, 2026: EdTech, Gaming & WealthTech Lead Today’s Deals

Your daily dose of the biggest funding moves in the Indian startup ecosystem — curated for founders and decision-makers.

23 Apr 2026Bhavya Sharma4 min read
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$5.62BTotal 2026 Funding
531Equity Rounds in 2026
↓18%vs FY25
4Deals Today

💰 Today’s Funding Deals

1
AITS — Rysen School
$4 Million (~₹33 Cr)
Pre-Series AEdTechK-12

Led by Big Capital & Singapore-based Redbrook Fund. Angels include Sujeet Kumar (Udaan), Ramakant Sharma (Livspace), and Roman Saini (Unacademy). Funds go toward campus expansion and tech infrastructure for scalable K-12 delivery across India.

2
Spill Games
$3.1 Million (~₹26 Cr)
SeedMobile Gaming

Raised from Centre Court Capital & PeerCapital. Casual/puzzle gaming startup with 5 live games. Funds toward portfolio scaling, tech development, and team growth.

3
PrimeInvestor
₹19.5 Crore (~$2 Mn)
First External RoundWealthTech

Raised from Rainmatter (Zerodha’s fintech fund) — the platform’s first-ever external investment. Capital expands independent MF research and portfolio management for retail investors.

4
Chupps
Undisclosed
Pre-Series BD2C Footwear

Former Indian cricket captain Ajinkya Rahane joins as angel investor & strategic advisor. The brand is accelerating retail and digital presence across India.

🦄

KreditBee Joins India’s Unicorn Club

Bengaluru-based consumer lending platform KreditBee raised a $220 million Series E led by Motilal Oswal, Hornbill Capital & Dragon Funds — valuation now exceeds $1 billion. India’s fintech unicorn roster just got a powerful new member.

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🎉 New Unicorn — April 2026

📰 Other Key News Today

Razorpay IPO: The fintech giant is preparing to file IPO papers confidentially with SEBI in the coming weeks — a long-awaited liquidity event for the Indian ecosystem.
Zerodha Shuts Zero1: Zerodha wound down its creator content initiative Zero1, citing “regulatory uncertainty” around its model.
Emversity × Lanstitut: Indian edtech Emversity acquired German healthcare staffing platform Lanstitut — a significant cross-border M&A move into Europe.

📊 FY26 Funding Overview

Indian startup funding has crossed $5.62 billion across 531 equity rounds in 2026. The ecosystem has seen an 18% dip vs FY25, with seed-stage funding hit hardest. AI continues to attract the highest deal value per round, while EdTech, FinTech, and Gaming remain active for early-stage bets.

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