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Indian travel fintech startup Scapia has raised $63 million in a funding round led by General Catalyst, with existing investors

India’s agentic AI ecosystem is witnessing a remarkable funding surge, with startups building autonomous AI systems collectively raising nearly $60 million in the first four-and-a-half months of 2026 .

In a significant vote of confidence for India’s deep-tech ecosystem, Atlanta-headquartered Silicon Road Ventures (SRV) has partnered with former Bank of America India MD Ajay Mahajan to launch a ₹150 crore Alternative Investment Fund (AIF) dedicated exclusively to Agentic AI startups in the B2B commerce technology space .

Bengaluru-based foundational AI startup Sarvam AI is finalising a $300 million funding round led by HCLTech, a move that would value the company at approximately $1.5 billion—nearly seven times its 2023 valuation.

On May 11, 2026, India celebrated National Technology Day—a tradition first established by former Prime Minister Atal Bihari Vajpayee in

In a significant milestone for India’s startup ecosystem, the Securities and Exchange Board of India (SEBI) has officially approved quick-commerce unicorn Zepto’s initial public offering (IPO) plans, setting the stage for one of the most anticipated listings in the country’s startup history .

In a landmark shift for India’s ride-hailing industry, homegrown mobility platform Rapido has overtaken both Uber and Ola in monthly active users (MAU) , according to data from app intelligence firm Sensor Tower . The development marks a major turning point in a market long dominated by the two global and domestic giants.

India’s deep-tech startup ecosystem is experiencing a significant surge in venture capital, with investors increasingly backing companies building foundational intellectual property in AI, semiconductors, robotics, space-tech, and climate tech .

After the frothy funding boom of consumer internet companies, the tide has turned. Limited Partners are now asking tough questions of VCs, including diversity (only 1.4% of funds are women-led), financial discipline (the importance of building lean), and regulatory preparedness for portfolio companies, particularly in fintech .

The Indian Institute of Technology Madras marked a significant milestone on May 5, 2026, by hosting its first-ever Technology Summit at Bharat Mandapam, New Delhi . Under the theme “From IITM. For Bharat. Building Together.” , the summit aimed to build a collaborative framework for industry-academia-government partnerships to design, develop, and deploy technologies that will shape India’s journey towards a Viksit Bharat .