Funding Roundup — Week of April 20–25, 2026
Indian Startup Funding Roundup | April 25, 2026: Gaming, Textile Tech & LegalTech Lead This Week’s Deals
15 startups raised a combined $39 Mn this week — here’s every deal, sector, and what it means for your compliance obligations post-funding.
$39 MnTotal Raised This Week
15Deals Closed
$11 MnLargest Deal (LightFury)
Pre-AMost Active Stage
The week of April 20–25, 2026 brought 15 funding deals totalling $39 Mn — a 35% dip from last week’s $60 Mn, but the quality of deals was striking. From a cricket gaming studio backed by MS Dhoni, Hardik Pandya, and Jasprit Bumrah to an AI-powered textile-tech platform, Indian startup investors are doubling down on high-growth, category-defining businesses.
🔥 Top Deals of the Week
1
LightFury Games
$11 Million
Gaming studio LightFury Games secured $11 Mn (approx. ₹103 Cr) in a Pre-Series A round led by Blume Ventures, V3 Ventures, MIXI, and Times Internet. Indian cricket icons MS Dhoni, Hardik Pandya, and Jasprit Bumrah also joined as strategic investors. The funds will go towards completing eCricket — a global AAA cricket gaming franchise — and building its live operations system.
2
STCH
$7 Million
Textile technology startup STCH raised $7 Mn in a Pre-Series A round led by Omnivore, with participation from Kae Capital and WVC. STCH applies AI to the textile supply chain, and will deploy the fresh capital to enhance its AI technology, invest in R&D, and forge partnerships with global fashion brands and Indian textile mills.
3
NudgeBee
$3 Million
Learning platform NudgeBee raised $3 Mn in a seed round led by Kalaari Capital with participation from prominent tech founders. The startup helps companies deliver personalised, bite-sized employee training, tapping into the large enterprise L&D market.
4
Spill Games
$3.1 Million
Bengaluru-based mobile gaming startup Spill Games secured $3.1 Mn in a seed round co-led by Centre Court Capital and PeerCapital. The company runs a portfolio-driven gaming model, building and scaling multiple casual mobile titles simultaneously.
5
Lawyered
$2.5 Million
Legal services platform Lawyered raised $2.5 Mn in a Pre-Series A round led by Rainmatter (Zerodha’s investment arm) and Turbostart, with existing investor Finvolve also participating. Lawyered connects individuals and businesses with qualified lawyers across India.
6
PrimeInvestor
₹19.5 Crore (~$2.1 Mn)
Investment research and advisory platform PrimeInvestor closed a ₹19.5 Cr seed round from Rainmatter Capital (Zerodha). The platform provides unbiased, data-driven investment recommendations to retail investors in India — a segment seeing growing demand.
7
CureMeAbroad
$600,000
Medical travel startup CureMeAbroad secured $600K in pre-seed funding from investors including Roman Saini and Himanshu Ratnoo. The platform helps Indian patients access specialised, affordable medical care abroad by connecting them with vetted hospitals and care coordinators.
📰 Key Business News This Week
Zerodha Shuts Zero1: Zerodha has shut down Zero1, its discount brokerage platform targeting younger investors, citing strategic realignment. The move signals tighter focus on core brokerage operations amid increased regulatory scrutiny.
Garuda Aerospace IPO Filing: Chennai-based drone startup Garuda Aerospace filed its DRHP with SEBI via the confidential pre-filing route. The company’s board had earlier approved raising up to ₹750 Cr via fresh issue of shares.
India Deep Tech Alliance: A $1 Bn+ coalition including Accel, Blume Ventures, Celesta Capital, Premji Invest, Kalaari Capital, and Qualcomm Ventures was launched to bolster deep tech investments across semiconductor, defence, and climate sectors.
Q1 2026 Funding Momentum: India’s startup ecosystem raised strong capital in Q1 2026, with deep tech, gaming, and fintech sectors leading deal volumes according to multiple industry reports.
⚠️ Post-Funding Compliance Obligations
Just raised a round? Congratulations — but the clock starts ticking the moment the money hits. Here are the filings every newly funded startup must complete.
⏰ Time-Sensitive Filing Reminders for Funded Startups
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FC-GPR Filing: If you received funding from a foreign investor, you must file Form FC-GPR with the RBI within 30 days of allotment of shares. Missing this triggers FEMA penalties.
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SH-7 / PAS-3: Any increase in authorised share capital or allotment of new shares must be reported to the RoC via SH-7 and PAS-3 forms within 30 and 15 days respectively.
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MGT-14: Board resolutions approving the fund raise must be filed with the MCA within 30 days of passing the resolution.
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Valuation Report: A registered valuer must issue a valuation certificate (Rule 11 of Companies (Share Capital and Debentures) Rules) before or at the time of allotment.
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Updated Cap Table: Ensure your shareholder register (MGT-1) and cap table are updated to reflect the new investors immediately after allotment.
Just Closed a Funding Round? Don’t Get Caught Out on Compliance
BSA has helped 200+ funded Indian startups complete post-funding filings on time — FC-GPR, SH-7, PAS-3, MGT-14 and more. Talk to our experts today.
Source: Inc42, StartupTalky, DealStreet Asia, Business Standard | Compiled by Bhavya Sharma and Associates — India’s Trusted Startup CS Firm
