Daily Indian Funding Roundup & Key News - February 11, 2026: Nester Secures ₹19 Cr, Fractal IPO Subscribed Over 2.6X & More

February 11, 2026, witnessed significant activity in the Indian startup ecosystem, with several companies securing fresh capital and key business developments unfolding. Fintech, AgriTech, homeware, and medical robotics sectors saw notable funding rounds, highlighting investor confidence in diverse innovative ventures. Among the major highlights, fintech startup Olyv successfully raised $23 million in its Series B round, while AI solutions provider Fractal Analytics' IPO was subscribed over 2.6 times, driven primarily by Qualified Institutional Buyers. Additionally, eyewear brand Lenskart reported a substantial jump in profit, and Titan Company's shares surged to a 52-week high following impressive Q3 results.

Daily Indian Startup Funding Digest: 11 Feb 2026

Nester Raises INR 19 Crore in Pre-Series A Funding Round

Premium design-first, tech-driven homeware brand, Nester, has secured INR 19 crore in a Pre-Series A funding round led by Fireside Ventures and OTP Ventures. The company focuses on building appliances that seamlessly integrate into modern Indian homes, emphasising minimalistic design and intuitive functionality. The capital will be utilised to further understand consumer pain points, innovate high-functionality products, and expand its portfolio with a focus on thoughtful design and long-term usability. A unique feature includes its trademarked SteamLock Technology in the All-stack 4-in-1 Air Fryer, ensuring succulent food.

ThirdAI Automation Raises $3 Million in Seed Funding

ThirdAI Automation, an India-US-based company, has raised $3 million in seed funding co-led by Endiya Partners and Capria Ventures. The startup specialises in an AI-powered Root Cause Analysis (RCA) and troubleshooting platform for semiconductor manufacturing, leveraging causal AI to diagnose failures and improve yield. The funds will be directed towards scaling product development, expanding teams in India and overseas, and accelerating deployments with equipment manufacturers and semiconductor fabs.

BigHaat Raises $10 Million in Funding

Indian AgriTech company BigHaat has successfully raised $10 million in a funding round led by Bidra Innovation Ventures, the U.S.-based venture capital arm of OCP Group. BigHaat has expanded its presence in the Indian spices value chain, building a large direct-to-farmer network and adhering to ESG-led cultivation and sourcing practices. The investment will support the expansion of its digital farmer-focused ecosystem and the development of a traceable, globally compliant food value chain.

Showroom B2B Raises INR 150 Crore in Series A Round

Showroom B2B, a supply chain platform in the fashion and apparel sector, has secured INR 150 crore (approximately $17 million) in a Series A funding round led by Cactus Partners. The Gurugram-based company provides an integrated design-to-delivery sourcing model for organised retailers, apparel brands, and buying houses. The fresh capital will be used to expand its technology-led supply chain, strengthen enterprise partnerships, and scale manufacturing and sourcing capabilities across India, alongside enhancing its platform to manage complex sourcing requirements.

Bath-tech Startup SteamPRO Raises Seed Round

Bath-tech company SteamPRO has raised Rs 3.8 crore in a seed funding round co-led by Anicut Capital, Zeropearl VC, D2C Insider Super Angels, and Atrium Ventures. SteamPRO focuses on engineering sustainable, design-led, experience-driven hydro wellness solutions for modern homes, aiming to transform bathrooms into daily healing rituals. The capital will be deployed to expand in-house manufacturing capacity, scale national service operations, and develop a pipeline of new hydro wellness products.

Care.fi Raises $8 Million in Series A Round

Healthcare-focused fintech startup Care.fi has raised $8 million in a Series A funding round, comprising $5 million in equity led by July Ventures and $3 million in debt financing from Trifecta and Vivriti. Care.fi addresses funding gaps for healthcare providers in India by enabling upfront claim disbursement and offering claim and supply financing. The proceeds will be used to expand operations into additional Indian cities, accelerate international expansion, and further invest in product development for its AI-powered healthcare operating system.

Medical Robotics Startup Articulus Surgical Raises Funding from Kalaari Capital

Medical robotics startup Articulus Surgical has secured an undisclosed amount of funding from Kalaari Capital. The company builds robotics systems for minimally invasive soft-tissue surgeries, focusing on high-volume abdominal and related procedures in India, a segment with low robotic surgery adoption. The fresh capital will be used to accelerate market deployments, expand surgeon training programs, and deepen partnerships with hospitals over the next 12–18 months. Articulus Surgical aims to compete with established global and Indian surgical robotics platforms.

Olyv Nets $23 Million to Expand Product Suite

Fintech startup Olyv, formerly known as SmartCoin, has raised $23 million (approximately ₹208.5 crore) in its Series B round, led by Nandan Nilakeni-backed The Fundamentum Partnership and SMBC Asia Rising Fund. Olyv provides digital loans and other financial solutions, including personal loans, gold savings, and credit health management. The funds will be utilised to expand its product suite with new offerings across insurance, UPI, and business loans, strengthen its brand identity and tech stack, and scale its core business through geographic expansion. Olyv aims to scale its user base to 100 million and cross $1 billion in assets under management (AUM) by FY29, offering quick microloans to underserved middle-income individuals.

Key Business News for February 11, 2026

Fractal IPO Subscribed Over 2.6X, QIB Led with 4.2X Bids

AI solutions provider Fractal Analytics' Initial Public Offering (IPO) was subscribed to nearly 2.66 times overall by the close of bidding. Qualified Institutional Buyers (QIBs) showed strong interest with a 4.18 times oversubscription, while Non-Institutional Investors (NIIs) subscribed 1.06 times and retail investors 1.03 times. The IPO, which was open from February 9 to 11 with a price band of Rs 857-900 per share, had its issue size trimmed by 42% to Rs 2,834 crore. The fresh issue proceeds of Rs 1,023.5 crore are earmarked for inorganic growth, investments in subsidiaries, and working capital needs.

Lenskart Profit Jumps to INR 133 Crore in Q3 FY26; Global Biz Forms 40% of Revenue

Eyewear brand Lenskart reported impressive financial results for Q3 FY26, with its profit soaring over 71 times year-on-year to Rs 133 crore. The company's revenue from operations increased by 36% to Rs 2,308 crore. Notably, the international market contributed 40% of the total revenue, amounting to Rs 936 crore, while the Indian market accounted for 60% at Rs 1,385 crore. This strong performance led to Lenskart's shares closing at Rs 473 per share, valuing the company at approximately $9 billion.

Titan Shares Surge to 52-Week High as Q3 Profit Jumps 61% to INR 1,684 Crore

Titan Company's shares surged to a new 52-week high after reporting a 61% net profit growth to INR 1,684 crore in Q3 FY26. Total income reached INR 25,567 crore, a 43% increase, driven primarily by its jewellery division, which saw a 42% expansion. The strong performance was attributed to festive demand, wedding season buying, and strategic expansion plans, including the addition of 56 new stores and the launch of lab-grown diamond jewellery under the beYon brand. Analysts maintain a positive outlook, with some setting target prices indicating further upside potential.

Daily Indian Funding Roundup & Key News - 10 February 2026

Indian startups saw strong funding activity on 10 February 2026. Here’s your daily dose of Indian startup funding updates and key business news.

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