Daily Indian Startup Funding Roundup & Key News - 26 February 2026: Meltplan Raises $10M, upGrad Acquires Internshala, & More

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26 Feb 2026 — 4 min read

Daily Indian Startup Funding Roundup & Key News - 26 February 2026

Indian startups continued to attract strong investor interest on 26 February 2026, with capital flowing into deeptech, AI-led construction, fintech, wellness, consumer brands, and enterprise SaaS. Several growth-stage rounds led by Peak XV and global VCs highlight sustained momentum in India’s innovation ecosystem. Meanwhile, the day’s business headlines feature a major edtech acquisition, intensified ride-hailing competition, and an upcoming IPO. Here’s your structured and verified roundup.

Daily Indian Startup Funding Digest - 26 Feb 2026

Startup	Sector	Amount Raised	Round	Lead Investor(s)
Reneonix	Deeptech	₹1.7 Cr	Pre-seed	Inflection Point Ventures
Meltplan	AI Construction Tech	$10M	Seed	Bessemer Venture Partners
Freed	Debt Relief Fintech	₹60 Cr	Growth	Aavishkaar Capital
Wholeleaf	Wellness	₹1.5 Cr	Seed	Angel Investors
Nailinit	D2C Beauty	₹2.5–3 Cr	Pre-seed	Gruhas Collective Consumer Fund & Marsshot VC
Prayaan Capital	Alternative Investments	₹110 Cr	Series A	Peak XV Partners
Gushwork	AI GTM Automation	$9M	Series A	Susquehanna Asia VC
Companion Labs	AI Productivity	$2.5M	Seed	Peak XV (Surge)
Spintly	Smart Access Tech	$8M	Series A	Jungle Ventures

Reneonix Raises ₹1.7 Crore Pre-Seed Led by Inflection Point Ventures

Deeptech startup Reneonix secured ₹1.7 crore in a pre-seed funding round led by Inflection Point Ventures (IPV). The company is focused on building advanced engineering and material science solutions and will deploy the capital toward product development, prototyping, and strengthening its R&D capabilities.

Meltplan Raises $10 Million Seed Round Led by Bessemer Venture Partners

AI-driven construction tech startup Meltplan raised $10 million in a seed funding round led by Bessemer Venture Partners. The company aims to “make construction boring” by using AI to automate project planning, cost optimization, and risk management. The funds will be used to scale engineering, enhance AI models, and expand globally.

Aavishkaar Capital Leads ₹60 Crore Investment in Freed

Debt relief and financial advisory platform Freed raised ₹60 crore in funding led by impact investor Aavishkaar Capital. The capital will help Freed expand its operations, enhance technology infrastructure, and scale India’s emerging debt resolution category.

Wholeleaf Secures ₹1.5 Crore Seed Funding

Wellness brand Wholeleaf raised ₹1.5 crore in a seed round to expand its product portfolio and distribution reach. The startup focuses on plant-based and natural wellness formulations and plans to strengthen brand visibility and online presence.

Nailinit Raises ₹2.5-3 Crore in Pre-Seed Round Led by Gruhas Collective Consumer Fund & Marsshot VC

Community-led nail care brand Nailinit raised ₹2.5–3 crore in a pre-seed funding round co-led by Gruhas Collective Consumer Fund and Marsshot VC, along with participation from angel investors. The startup aims to build a digital-first, community-driven nail care brand, leveraging creator ecosystems and content-led commerce. The fresh capital will be used to expand product lines, strengthen brand presence, and scale distribution.

Prayaan Capital Raises ₹110 Crore Series A Led by Peak XV

Investment platform Prayaan Capital raised ₹110 crore in a Series A round led by Peak XV Partners. The firm focuses on structured credit and alternative investment solutions and will use the funding to expand its portfolio and strengthen institutional partnerships.

Gushwork Secures $9 Million Led by Susquehanna Asia VC

AI-powered growth automation platform Gushwork raised $9 million in funding led by Susquehanna Asia Venture Capital. The capital will be used to expand product capabilities and scale enterprise adoption globally.

Companion Labs Raises $2.5 Million in Seed Round Led by Peak XV’s Surge

AI productivity startup Companion Labs secured $2.5 million in a seed round led by Peak XV Partners’ Surge programme. The company is building AI copilots designed to assist enterprise teams with workflow automation and productivity enhancement. The funds will be deployed toward product development, expanding the engineering team, and accelerating go-to-market efforts.

Spintly Raises $8 Million to Scale Keyless Entry Offerings

Smart access and IoT startup Spintly raised $8 million in funding to expand its keyless entry solutions for commercial and residential properties. The funds will support product innovation and market expansion.

Key Business News for 26 February 2026

upGrad Acquires Internshala

Edtech major upGrad has acquired early-talent marketplace Internshala, marking a strategic move to strengthen its student and entry-level hiring ecosystem. The acquisition is expected to create a full-stack skilling-to-employment platform.

Uber Invests ₹3,000 Crore into India Arm Amid Rising Competition

Ride-hailing giant Uber infused ₹3,000 crore into its India operations as competition intensifies with players like Rapido and Ola. The investment signals Uber’s long-term commitment to India’s mobility market and its push for deeper local expansion.

SEDEMAC’s OFS-Only IPO to Open on March 4

Automotive component maker SEDEMAC announced that its offer-for-sale (OFS) only IPO will open on March 4, with a price band set between ₹1,287 and ₹1,352 per share. The IPO marks a significant upcoming public market event in India’s manufacturing sector.