Daily Indian Funding Roundup & Key News - 27 October 2026: Cent Raises $15 Million, SoftBank Sells 1.2% Stake in Ola Electric
Eight funding rounds closed on 27 October 2026. Cent raised $15 million, and SoftBank cut its stake in Ola Electric by 1.2%.
Eight funding rounds closed on 27 October 2026, spanning preventive healthcare, social intelligence, snacks, luxury watches, trading, deep tech, consumer apps and childcare. Blume Ventures, IvyCap Ventures, Fireside Ventures and CoinFund were among the day's lead investors. The headline raise is Cent's $15 million Series A round to scale its AI-led preventive healthcare platform.
Away from funding, SoftBank cut its stake in Ola Electric by 1.2% while the company runs a rights issue. Protectt.ai also plans to take a controlling stake in Bosch's AI security platform AIShield.
Daily Indian Startup Funding Roundup - 27 October 2026
| Startup | Sector | Funding | Round | Lead Investors |
|---|---|---|---|---|
| Cent | Preventive Healthcare | $15 Mn | Series A | Blume Ventures, South Park Commons |
| Live2.ai | Social Intelligence (AI) | ₹130 Cr | Pre-Series B | IvyCap Ventures |
| Troovy | Snacks and Food | ₹100 Cr | Series B | Fireside Ventures |
| Rotoris | Luxury Watches | ₹70 Cr | Series A | Blume Ventures |
| Mochatrade | Trading Platform | $5.5 Mn | Seed | CoinFund |
| Nova Spectral AI | Deep Tech (Image Sensors) | ₹21.15 Cr | Seed | Shastra VC |
| dubdub | Consumer Apps | $1.3 Mn | Seed | 3one4 Capital, Antler, Stellaris Venture Partners |
| Maasi | Childcare | ₹6 Cr | Pre-Seed | Better Capital |
Cent Raises $15 Million Series A Funding
Cent raised $15 million in a Series A round co-led by Blume Ventures and South Park Commons. Individual investors, including Arun Sarin, Srinivas Narayanan, Sharath Narayana, Aprameya Radhakrishna and Krishan Sridhar, also took part. The funds will go towards hardware, AI and clinical research. Cent also announced the acquisition of Medsee, an AI radiology platform.
Cent was started by Practo founder Shashank ND. It offers a preventive screening session of about two hours that combines full-body MRI, low-dose CT, DEXA, ECG, ECHO and over 100 biomarkers. It runs its own centres in Bengaluru, Mumbai and Delhi NCR. About 10,000 people have been screened over the past year, and one in four had a finding that needed medical attention.
Live2.ai Raises INR 130 Crore Pre-Series B Funding
Live2.ai raised INR 130 crore in a pre-Series B round led by IvyCap Ventures. The round has fresh capital for growth, plus a secondary part that gives early shareholders partial liquidity. The funds will build its agentic intelligence layer, grow its enterprise and global brand sales, and strengthen regional cloud infrastructure in North America, Europe and Asia Pacific.
Founded in 2024 by J Venkat, Neha Suyal and Yash Arora, Live2.ai is a Bengaluru-based AI platform for social intelligence and commerce. It tracks brand conversations across Instagram, TikTok, YouTube, Reddit and X, and turns rights-cleared content into shoppable posts. Its revenue grew fourfold in the past 12 months, and 90% of it comes from outside India.
Troovy Raises INR 100 Crore Series B Funding
Troovy raised INR 100 crore in a Series B round led by Fireside Ventures, with participation from Sharrp Ventures and other investors. The funds will expand research and development and manufacturing capacity. They will also scale distribution through quick commerce and offline channels.
Founded in 2023 by Aditya Mukherjee and Mansi Baranwal, Troovy is a Gurugram-based snack brand for children and families. It sells snacks, sauces, spreads and millet pasta. Its vacuum-cooked potato chips use 10 to 12% oil, against 35 to 40% in mainstream chips. It raised a $5 million Series A in January 2026.
Rotoris Raises INR 70 Crore Series A Funding
Rotoris raised INR 70 crore in a Series A round led by Blume Ventures. Other investors include 100Unicorns, Centricity, family offices and actor Rannvijay Singha. The funds will support research, higher production and the growth of its stores in India and overseas.
Founded in 2025 by Aakash Anand and Prerna Gupta, Rotoris is a luxury watch brand that assembles limited-edition watches at its Gurugram atelier. Its first collection of 2,100 numbered watches sold out within days of its February 2026 launch. Nearly 1 lakh people have registered for access, and 40% of demand comes from outside India.
Mochatrade Raises $5.5 Million Seed Funding
Mochatrade raised $5.5 million in a seed round led by CoinFund, with participation from Coinbase Ventures and Zero Knowledge Ventures. Y Combinator and Pioneer Fund are earlier backers. The funds will build its trading engine and risk systems, and help it reach more active Indian traders.
Founded in 2026 by Utkarsh Sinha, Chetan Manda and Parth Maheshwari, Mochatrade is a trading platform where users fund accounts through UPI and trade contracts linked to US stocks, indices and commodities. It is registered with FIU-IND through its Indian entity. It has a waitlist of over 25,000 sign-ups, and no public launch date has been announced.
Nova Spectral AI Raises INR 21.15 Crore Seed Funding
Nova Spectral AI raised INR 21.15 crore in a seed round led by Shastra VC, with participation from Equirus InnovateX Fund and angel investors. The funds will help it build a team and develop a field-ready prototype within 18 months.
Founded in 2026 by Anish Priyadarshi and Sanjeev Kumar, Nova Spectral AI is a Bengaluru-based deep tech startup. It is building lead-free quantum dot image sensor chips that see in low light, haze and smoke. These target defence, drones, robots and autonomous vehicles. It aims for sensor costs up to 100 times lower than conventional technology.
dubdub Raises $1.3 Million Seed Funding
dubdub raised $1.3 million in an equity seed round led by 3one4 Capital, Antler and Stellaris Venture Partners. The funds will be used to hire across product and engineering, add new interactive formats and deepen the personalisation of its feed.
Launched in March 2026 by Kaustubh Priye and Supan Shah, dubdub is a swipe-based trivia and puzzle app that replaces the passive content feed with questions and mini games. It covers over 20 categories, including cricket, Bollywood and mythology. The app has crossed 20,000 downloads. The founders earlier built Aldun, which was acquired by Care.Fi.
Maasi Raises INR 6 Crore Pre-Seed Funding
Maasi raised INR 6 crore in a pre-seed round led by Better Capital, with Antler India and angel investors including Rapido founder Rishikesh SR and Shadowfax founder Vaibhav Khandelwal. The funds will be used to recruit and train caregivers, build its technology and expand the team in Bengaluru.
Founded in 2025 by Aashu Manchali, Gargi Pandey and Reshov Roy, Maasi is a Bengaluru-based service that trains and pays caregivers for in-home childcare. On-demand nannies start at INR 199 per hour. It has served over 1,200 parents, has more than 500 caregivers, and is growing 20% week on week.
Muskaan Kapoor
Key Business News for 27 October 2026
SoftBank Sells 1.2% Stake in Ola Electric
SoftBank's investment vehicle SVF II Ostrich sold 5.55 crore Ola Electric shares between January 6 and October 22, 2026. This cut its stake from 12.9% to 11.7%. It also sold 1.12 crore rights entitlements, about 25.9% of the 4.33 crore it received. The sales come as Ola Electric runs an INR 999.74 crore rights issue that closes on October 30.
Ola Electric's operating revenue fell 45% to INR 455 crore in Q1 FY27, while its net loss narrowed 21.5% to INR 336 crore. Its electric two-wheeler market share fell to 6.5% in September from 7.6% in August. Goldman Sachs downgraded the stock to Sell. SoftBank first invested $250 million in Ola Electric in July 2019.
Protectt.ai To Acquire Controlling Stake In Bosch's AIShield
Protectt.ai plans to acquire a controlling stake in AIShield, an AI security platform incubated within Bosch Global Software Technologies. Bosch will keep a minority stake. The deal mixes new shares and existing shares, and its value and timeline were not disclosed.
AIShield was founded in 2022 by Shiv Kumar and Amit Phadke. Protectt.ai, founded in 2020, is backed by Bessemer Venture Partners and raised about $16 million in a 2025 Series A. This is its first acquisition, and it set up an M&A team in early 2026 to pursue deals in API and cloud security.
Baillie Gifford Funds Cut Value Of VerSe Holdings By Up To 80%
Two Baillie Gifford funds have marked down their holdings in VerSe Innovation, the parent of Dailyhunt and Josh, by about 80% over different periods. The Schiehallion Fund valued its stake at $7.47 million as of August 2026, down 78.2% from January 2025. Based on its 1.3% stake, ET estimated a company valuation of about $576 million.
That is nearly 90% below VerSe's $5 billion valuation from its April 2022 round. VerSe disputes lower valuations and says other investors still value it near $5 billion. Its FY25 operating revenue rose 88% to INR 1,930 crore, while its EBITDA burn narrowed 20% to INR 738 crore.
WeWork India Q2 Profit Jumps 219% To INR 20 Crore
WeWork India reported a 219% rise in consolidated net profit to INR 20.4 crore in the September quarter of FY27, up from INR 6.4 crore a year earlier. Operating revenue rose 33.6% to INR 767.8 crore. The company added 11,700 desks in the quarter, its largest quarterly addition.
It now has 145,300 desks across 85 centres in eight cities. Member numbers grew 32.5% to 121,700, and occupancy reached 83.7%. WeWork India ended September with net cash of INR 23.1 crore, against net debt of INR 310.5 crore a year earlier.
IndiaMART Q2 Profit Rises 10% To INR 91 Crore
IndiaMART's net profit rose 9.8% year on year to INR 90.7 crore in the September quarter, though it fell 47.3% from the previous quarter. Operating revenue grew 10% to INR 428.6 crore. Its EBITDA margin improved by 300 basis points to 40%.
Customer collections rose 9% to INR 443 crore, and paying suppliers reached 2.2 lakh. The company reported 2.7 crore unique business enquiries. CEO Dinesh Agarwal said AI remains central to improving user experience, and the stock closed 4.09% higher on the BSE.
