Indian Startup Funding Roundup | April 29, 2026
Home Services, FinTech & Gaming Lead Today's Deals
Your daily briefing on Indian startup investments, unicorn milestones, IPO moves, and key business news — curated for founders.
April 29, 2026 continues India's strong startup funding momentum. Home services, FinTech, health and wellness, D2C fashion, and gaming all saw fresh capital inflows. KreditBee's unicorn milestone signals a maturing lending-tech ecosystem. Here are all the key deals and headlines you need to know today.
💰 Today's Deal Highlights
India's fastest-growing instant home-help platform closed its Series D round co-led by Susquehanna Venture Capital, Mirae Asset Venture Investments, and Bertelsmann India Investments. Existing backers Nexus Venture Partners and Lightspeed Ventures also participated. Valuation: $400 million.
Credit distribution fintech Credilio raised ₹100 crore in a Series A round led by existing backer Cornerstone Ventures, at a pre-money valuation of ₹300 crore. The funds will be used to scale its credit product suite and expand its lender-partner network.
HyugaLife, a D2C health and wellness brand, secured $10.5 million in its Series A round led by IvyCap Ventures. The startup focuses on science-backed nutraceuticals and will deploy capital towards product R&D and offline expansion.
House of Chikankari, an ethnic fashion brand celebrating Lucknow's heritage craft, raised ₹25 crore in its Series A round led by Cap Alpha Ventures. The brand has seen explosive growth through social commerce and plans to expand its artisan network and international presence.
Sahamati, the industry alliance for India's Account Aggregator ecosystem, announced a landmark ₹50 crore funding raise backed by over 30 leading financial sector entities. This positions the AA framework as a cornerstone of India's open finance infrastructure.
🎉 Big Business News
KreditBee Becomes India's Newest Unicorn: Consumer lending platform KreditBee has crossed the $1 billion valuation mark in April 2026, becoming India's newest unicorn. The company has disbursed over ₹50,000 crore in personal loans and counts MUFG among its key backers.
PlaySimple Files for IPO: Bengaluru-based mobile gaming company PlaySimple has filed its Draft Red Herring Prospectus (DRHP) for an OFS-only IPO worth ₹3,150 crore — one of India's largest gaming IPOs to date. The company is known for titles like Word Trip and Daily Themed Crossword.
Peak XV Exits MobiKwik: Peak XV Partners (formerly Sequoia India) offloaded its stake in digital payments company MobiKwik through a ₹130 crore block deal — marking a full exit from one of India's oldest fintech players post its 2024 IPO.
India's 2026 YTD Funding at $5.62B: Till April 2026, Indian startups have raised $5.62 billion across 531 equity funding rounds — putting the ecosystem on track for a record year surpassing 2021 peak activity, per Startuptalky data.
Post-Funding Compliance Reminder for Founders
Just raised a round? Every funding event triggers mandatory legal filings in India. Missing them can expose your company — and you personally — to ROC penalties, investor liability, and FEMA violations that derail your next fundraise.
Read the checklist below →
✅ Post-Funding Compliance Checklist
After closing any funding round involving foreign investors or equity allotment, the following filings are mandatory under Indian law:
- Form FC-GPR (FEMA) — must be filed with RBI within 30 days of share allotment if any foreign investor is involved
- Form PAS-3 (MCA) — Return of Allotment, filed within 30 days of allotment under Companies Act
- MGT-14 — Boards' resolution filing within 30 days, if applicable
- Update Statutory Registers — Register of Members (MGT-1), Register of Share Transfers
- Shareholder Agreement compliance — SHA/SSA must be executed and cap table updated
- Valuation Certificate — 56A/56D valuation from a SEBI-registered valuer required before allotment to foreign investors
If your startup has pending ROC filings, the MCA's Companies Compliance Facilitation Scheme (CCFS 2026) lets you clear all arrears at just 10% of accumulated late fees — but only till July 15, 2026. After that, strict penalty proceedings begin. Act now.
Just Raised a Round? Get Your Post-Funding Compliance Done Right
Our team of expert Company Secretaries has helped 200+ funded startups navigate every post-fundraise filing — from FEMA to ROC to SHA drafting — without a single penalty. Let's make sure your round is fully compliant.
Data sourced from Startuptalky, Inc42, YourStory, IndianStartupNews & TechCrunch | Curated by Bhavya Sharma and Associates | April 29, 2026
