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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.

29 Apr 2026Bhavya Sharma5 min read
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₹700Cr+Total Raised (INR)
5+Deals Closed
1New Unicorn
$5.62B2026 YTD Raised

💰 Today’s Deal Highlights

1
Snabbit
$56 Million
Series D Home Services

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.

2
Credilio
₹100 Crore (~$10.5 Mn)
Series A FinTech

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.

3
HyugaLife
$10.5 Million
Series A HealthTech

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.

4
House of Chikankari (HOC)
₹25 Crore
Series A D2C Fashion

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.

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5
Sahamati
₹50 Crore
FinTech Account Aggregator

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.

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🎉 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

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