Daily Indian Startup Funding Roundup & Key News - 29 April 2026: SportVot Raises ₹32.7 Cr, Cars24 Co-founder Exits
Indian startups saw strong funding activity across sports tech, fintech, SaaS, and climate tech today. The day was led by SportVot and Sahi, with multiple early-stage deals also closing. Key business updates included leadership exits at Cars24, regulatory action impacting WhatsApp, and fresh developments in the Reliance Communications case.
Daily Indian Startup Funding Digest - 29 April 2026
| STARTUP | SECTOR | FUNDING | ROUND | LEAD INVESTORS |
|---|---|---|---|---|
| SportVot | Sports Tech / AI | ₹32.7 Cr (~$3.9 Mn) | Growth | IAN Alpha Fund, Anicut Capital, LetsVenture |
| Sahi | Fintech / Trading | $33 Mn (~₹275 Cr) | Series B | Accel, Elevation Capital, others |
| Otto | SaaS / AI | $500K | - | Backfuture VC, Quadri Ventures, BAG Collective |
| Prithu | Climate Tech | ₹10 Cr (~$1.2 Mn) | Seed | Transition VC |
| Sprect | Healthtech | ₹2 Cr (~$0.24 Mn) | Seed | Angel investors |
SportVot Raises ₹32.7 Cr Growth Round
Sports streaming and analytics platform, SportVot, raised INR 32.7 crore led by IAN Alpha Fund. The round also saw participation from Anicut Capital and LetsVenture.
The company enables AI-powered production and streaming of sports events. It has already covered over 500,000 matches across 30+ countries. The funds will be used to expand globally and strengthen its technology stack.
Sahi Raises $33 Mn Series B
Sahi, a stock trading platform founded by Dale Vaz, raised $33 million in a Series B round.
The company focuses on simplifying stock trading for retail users. The fresh capital will support product development, user growth, and expansion in India’s fast-growing trading market.
Otto Raises $500K Seed Round
AI-powered sales assistant platform, Otto, secured $500,000 in funding after winning a global SaaS pitch competition.
The platform acts as an AI “chief of staff” for sales teams. It automates CRM tasks and provides daily insights. The funds will be used to scale product development and onboard early customers.
Prithu Raises ₹10 Cr Seed Round
Prithu, a climate tech startup, raised INR 10 crore in a seed round led by Transition VC.
The company focuses on nature-based solutions and carbon projects. It will use the funds to expand operations, onboard farmers, and strengthen its monitoring technology.
Sprect Raises ₹2 Cr Seed Round
Sprect, a platform offering expert consultations, raised INR 2 crore in funding.
The startup plans to use the capital to expand its network of experts and improve its platform. It is targeting growth in the digital consultation space.
Key Business News for 29 April 2026
Cars24 Co-founder Gajendra Jangid Steps Down
Cars24 co-founder Gajendra Jangid has stepped down amid a series of senior-level exits.
The development comes at a time when the company is restructuring leadership. It reflects broader changes within the organisation as it focuses on long-term growth.
WhatsApp Bans 9,400 Accounts After Crackdown
WhatsApp banned over 9,400 accounts linked to digital arrest scams.
The action follows regulatory pressure and court-led scrutiny. It highlights growing concerns around fraud and user safety on messaging platforms.
ED Attaches ₹3,034 Cr Assets In Anil Ambani Group Case
Authorities have attached additional assets worth INR 3,034 crore linked to the Reliance Communications case.
The move is part of an ongoing investigation involving the Anil Ambani group. It adds to the regulatory pressure around legacy telecom disputes.
Muskaan Kapoor
