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Startup And Fundraising 13 August 2026

India Startup News

Several startups in India have received funding, including Brilliance Cosmocare, which raised Rs 1.65 crore to build India's first doctor-led beauty startup, and Centricity, which raised Rs 280 crore led by SMBC Asia Rising Fund. Additionally, Accel has raised $550 million for its ninth India-focused fund, and Bluehill.VC has closed its maiden frontier-tech fund at Rs 400 crore. NITI Aayog's Investment Index has also ranked states in terms of investment friendliness, with Gujarat ranked first, followed by Tamil Nadu and Haryana.

Several Indian startups have made headlines recently with significant funding announcements.
- Brilliance Cosmocare has raised Rs 1.65 crore to build India's first doctor-led beauty startup.
- Centricity has raised Rs 280 crore led by SMBC Asia Rising Fund to scale its wealth management business.
- Accel has raised $550 million for its ninth India-focused fund, marking a measured shift in fund size.
- Bluehill.VC has closed its maiden frontier-tech fund at Rs 400 crore, with plans to make 15-20 bets.
- NITI Aayog's Investment Index has ranked states in terms of investment friendliness, with Gujarat ranked first, followed by Tamil Nadu and Haryana.
Other notable developments include MeitY's SAMRIDH programme supporting five startups in Andhra Pradesh, and Cognition AI being in talks for a new funding round that may boost its valuation to at least $40 billion.

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