Now, a new wave of deep-tech startups is attempting to automate these workflows using large language models and autonomous agents, and TraqCheck is at the forefront of this shift. The HR tech startup, originally founded in New Delhi, has raised $8 million in a Series A funding round led by IvyCap Ventures, with participation from IIFL and Uncorrelated Ventures .
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A new Bengaluru-based startup is stepping in to change that equation. Helium, a tech-led real estate rental management platform, has secured its first funding round of ₹5 crore from a group of prominent startup founders. The round includes Albinder Dhindsa (CEO, Blinkit), Kunal Shah (CEO, CRED), and a host of other seasoned operators including Zomato cofounders Pankaj Chaddah, Mohit Gupta, Akriti Chopra, and Gunjan Patidar.
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Bengaluru-based healthtech startup Ivory is stepping into this void. The company has unveiled what it calls the “Brain Treadmill Test” —an AI-powered, neuroscience-based digital assessment designed to measure memory, attention, and executive function. Much like a physical treadmill test evaluates heart performance under stress, this new tool aims to make cognitive health measurable, trackable, and, crucially, a routine part of preventive healthcare.
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The numbers reflect growing investor confidence in this thesis. According to industry data, Indian physical AI startups raised approximately $130 million in 2025, showing steady growth from previous years . While this is a fraction of the $11.7 billion raised by Indian tech startups overall in FY26, it represents a significant shift in focus toward deep-tech, hardware-integrated innovation .
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Y Combinator (YC) has been the gold standard in startup acceleration. The Silicon Valley-based firm has launched over 4,000 companies, including Airbnb, Dropbox, Stripe, Reddit, and Coinbase—collectively worth hundreds of billions of dollars. Its Demo Day is the most anticipated event in the early-stage investing calendar.
Now, YC is turning its focus to India with renewed vigour. The global accelerator has expressed strong confidence in the Indian startup ecosystem, highlighting India’s “rich pipeline of innovative ideas” and entrepreneurial talent . YC plans to increase investments, mentorship, and engagement in the country, signaling a deeper, more sustained commitment to nurturing Indian founders .
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On April 14, 2026, the Indian government unveiled a landmark initiative that will shape the trajectory of the nation’s deep-tech ecosystem for the next decade. The Startup Fund of Funds 2.0 (FFS 2.0) , with a dedicated corpus of ₹10,000 crore (approximately $1.2 billion) , was announced as part of the government’s broader strategy to fuel innovation in artificial intelligence, semiconductors, robotics, and other frontier technologies .
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The company has now taken a significant step forward with a major expansion of its Startup Series portfolio. On April 9, 2026, Lyne Originals announced the launch of six new devices across smartwatches, earbuds, neckbands, and portable speakers . This multi-category launch reinforces the brand’s commitment to providing high-performance, accessible technology designed for the evolving needs of Indian consumers—from fitness enthusiasts and gamers to music lovers and professionals on the go .
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This landmark initiative, part of the ambitious Amaravati Quantum Valley programme, makes Andhra Pradesh the first state in India to host a dedicated quantum test and certification ecosystem . For the first time, Indian startups, researchers, and students will have access to domestically developed quantum hardware infrastructure—an open-access platform designed to accelerate innovation in one of the most transformative technologies of our time.
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Recognising this potential, the Indian Institute of Technology Madras, through its Centre of Excellence for Road Safety (CoERS) , has launched the AI Road Safety Hackathon 2026. The initiative, announced at the India AI Impact Summit 2026 in New Delhi, invites students, engineers, and technology enthusiasts from across the country to build AI-powered solutions addressing India’s most pressing road safety challenges .
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In the financial year ending March 31, 2026, India’s technology startups raised $11.7 billion in funding, according to the Tracxn India Tech Annual Funding Report 2026 . While this marked an 18% decline from the $14.3 billion raised in FY25, it represented a 20% increase from the $9.7 billion raised in FY24 .
More significantly, India ranked as the fourth-highest funded country globally in FY26, behind only the United States, the United Kingdom, and China, while surpassing major economies such as Germany and France . This achievement underscores the resilience of India’s startup ecosystem amid global funding headwinds and its growing recognition as a global innovation hub.
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