Daily Indian Startup Funding Roundup & Key News - 30 April 2026: Ctruh Bags $2.5 Mn, Cars24 COO Mehul Agrawal Steps Down
India’s startup ecosystem saw steady funding activity on 30 April 2026. Startups across deep tech, fintech, AIoT, and clean energy raised fresh capital. Investors continued to back early and growth-stage companies with a strong product focus.
Daily Indian Startup Funding Roundup - 30 April 2026
| Startup / Company | Funding Amount | Lead Investors |
|---|---|---|
| Ctruh | $2.5 Mn seed | Led by Inflection Point Ventures and Avinya Ventures. Funds will support R&D, product work, and global expansion. |
| Kissht | ₹278 Cr anchor round | Raised from anchor investors ahead of its ₹926 Cr IPO. Shows strong investor interest. |
| Oolka | $14 Mn Series A | Led by Accel with Lightspeed and Z47 joining. Focus on AI based credit tools. |
| UbiqEdge | ₹10 Cr seed | Led by Piper Serica. Works on AIoT solutions for smart infrastructure. |
| Kimbal Technologies | $22 Mn Series B | Led by GEF Capital Partners with Niveshaay. Focus on smart grid solutions. |
Ctruh Raises $2.5 Mn Seed Funding
Ctruh has raised $2.5 million in a seed round led by Inflection Point Ventures with support from Avinya Ventures and others. The startup builds AI and 3D tools for immersive digital experiences across industries.
The company plans to use the funds for product development, research, and global expansion. It focuses on browser-based XR tools that help businesses create virtual stores and 3D content easily.
Kissht Secures ₹278 Cr From Anchor Investors
Kissht, a digital lending platform, raised ₹278 crore from anchor investors before its IPO. This funding is part of its planned ₹926 crore public issue.
The strong anchor backing shows investor confidence in the company. The capital will support its growth plans as it prepares to enter public markets.
Oolka Raises $14 Mn In Series A
Oolka has raised $14 million in a Series A round led by Accel with participation from Lightspeed and Z47.
The fintech startup focuses on AI driven credit management tools. The funds will help it scale product development and expand its user base.
UbiqEdge Raises ₹10 Cr Seed Funding
AIoT startup UbiqEdge has raised ₹10 crore in a seed round led by Piper Serica.
The company works on edge computing and IoT solutions. The funds will help it grow its technology and expand enterprise use cases.
Kimbal Bags $22 Mn To Scale Smart Grid Solutions
Kimbal has secured $22 million in funding to expand its smart grid technology. The company focuses on improving energy systems and grid efficiency.
The fresh capital will be used to scale operations globally. It also plans to invest in new energy solutions and infrastructure.
Key Business News for 30 April 2026
Cars24 COO Mehul Agrawal Steps Down
Cars24 co-founder and COO Mehul Agrawal has stepped down amid leadership changes at the company.
The exit is part of ongoing senior-level churn. It signals a shift in leadership as the company looks to realign its strategy.
Exfinity Partially Exits CloudSEK
Exfinity Venture Partners has made a partial exit from cybersecurity startup CloudSEK.
The move allows the firm to realise returns while still keeping some stake. It also reflects growing investor interest in cybersecurity startups.
IndiaMART Q4 Profit Falls 72%
IndiaMART reported a sharp drop in net profit for Q4. Profit declined by 72% year on year to about ₹50 crore.
The fall was due to higher costs and slower growth in some segments. The company will focus on improving margins in the coming quarters.
Muskaan Kapoor
