Indian startups secured approximately $58.9 million in funding between September 14 and 18, marking an 82% decline from the $321.9 million raised the previous week, according to inc42.com. Fourteen startups closed funding rounds across various sectors, with Flam leading the pack by raising $40 million in a Series B round.
Flam, operating in the advertising B2B sector, attracted investments from QED Investors, RTP Global, and Dovetail, among others, with QED Investors leading the round. Other notable fundraises include DheyaTech, which raised $5.1 million from Avaana Capital and Unimech Aerospace, and VerifAIX, which secured $5 million in a seed round led by Endiya Partners and Bluehill VC. The funding rounds spanned seed to Series B stages and covered sectors such as advanced hardware, quick commerce, and health tech.
The sharp drop in funding this week contrasts with the previous week’s high activity, underscoring the volatility in startup investment flows. Flam’s $40 million Series B round stands out as one of the largest in recent weeks, reflecting continued investor interest in advertising technology. Other sectors like aerial vehicles and semiconductor technology also attracted significant capital, highlighting diverse investor appetite across emerging tech domains in India.
The next notable funding update will be tracked through ongoing disclosures and filings, with Flam’s Series B round prominently positioning the company for growth. The detailed funding data was compiled by inc42.com, providing a snapshot of the Indian startup funding landscape for mid-September 2026.