India Startup Funding Updates

Multiple Indian startups have recently secured substantial funding. Anicut Capital has launched a ₹3000 crore fundraising drive across four new investment funds. Plazza, a pharmacy quick commerce startup, has raised $15 million in Series A funding. Furthermore, funding into Indian solar startups has crossed $1 billion so far this year.
The government has also introduced several initiatives to support the startup ecosystem. The WBIS 2026 MSME incentive scheme has been approved, offering interest and power subsidies to eligible micro, small, and medium enterprises. Additionally, the Semicon 2.0 initiative focuses on expanding memory and display fabs, with the government investing alongside venture capital funds in Indian startups.
Other notable developments include Premji Invest building a $43 billion AI empire, although it has been cautious about backing Indian AI startups.