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VC funding slips below 100 million again as big deals stay missing

VC funding slips below 100 million again as big deals stay missing

Indian startup VC funding fell again below the $100 million mark, totaling about $81 million across 22 deals in the fourth week of April. The drop is attributed to a shortage of large-ticket transactions amid tougher macro conditions and ongoing US-Iran tensions. With capital largely concentrated in early stages and AI activity still limited, a mid-year revival is the hope.

Summarised by Beize from a story on YourStory on 24 Apr 2026
Oolka raises Rs 130 Cr Series A led by Accel as agentic AI credit grows fast

Oolka raises Rs 130 Cr Series A led by Accel as agentic AI credit grows fast

Credit management startup Oolka has secured a Rs 130 crore Series A round led by Accel India, with follow-on investment from Lightspeed and Z47. In a regulatory filing, the company approved equity and CCPS allotments at extremely high per-share premiums. The raise comes after a $7 million round earlier this year, with Oolka citing rapid user adoption, over Rs 100 crore processed in repayments, and nearly $1 million in annual recurring revenue.

Summarised by Beize from a story on YourStory on 24 Apr 2026

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CENT launches Bengaluru prevention centre to standardise AI early disease detection across India

CENT launches Bengaluru prevention centre to standardise AI early disease detection across India

As India’s healthcare race heats up, preventive tech startup CENT has opened a 7,000 sq ft clinical screening centre in Bengaluru. Built to standardise AI-driven early detection, it aims to find life-threatening conditions in people without symptoms using a CCNM Protocol covering cardiac, cancer, neurological and metabolic tests, including whole-body MRI and ultra-low-dose cardiac CT.

Summarised by Beize from a story on YourStory on 24 Apr 2026
Bettrlabs builds an AI R&D platform that cuts consumer product timelines from months to weeks

Bettrlabs builds an AI R&D platform that cuts consumer product timelines from months to weeks

Bengaluru deeptech startup Bettrlabs is digitising consumer product development through an AI-powered R&D operating system. It replicates lab workflows by reverse engineering existing products, analysing ingredient parameters, and running regulatory checks digitally. The company claims it can reduce timelines from up to seven months to 30–90 days, with 330 clients and plans to expand into the US and new categories.

Summarised by Beize from a story on YourStory on 24 Apr 2026
Kritsnam builds India water ledger turning usage into auditable proof for regulators and firms

Kritsnam builds India water ledger turning usage into auditable proof for regulators and firms

Kritsnam Technologies is building DWAS, a “Defensible Water Accounting System” that treats water like financial data. Instead of relying on estimates, it uses smart ultrasonic meters, cloud validation, traceable digital records, and audit-ready compliance workflows. The result: more defensible reporting as regulators tighten groundwater rules and companies face ESG disclosure pressure.

Summarised by Beize from a story on YourStory on 24 Apr 2026
Red Balloon Aerospace prepares super pressure balloon to beam connectivity across rural India

Red Balloon Aerospace prepares super pressure balloon to beam connectivity across rural India

Vijayawada-based Red Balloon Aerospace plans to launch a super pressure balloon in the second quarter to expand telecom coverage in underserved and rural regions. Operating in the 20 to 40 km stratospheric band for about 100 days, it will carry high-resolution imaging (25 to 75 cm) plus sensors for disaster response, industrial network monitoring, and continuous spatial observation.

Summarised by Beize from a story on YourStory on 24 Apr 2026

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Govt sets new online gaming rules from May 1, sharply separating esports from money games

Govt sets new online gaming rules from May 1, sharply separating esports from money games

The government has notified new online gaming rules effective May 1, meant to clarify what qualifies as non-money online games while keeping bans on online money games intact. The rules create a digital-first Online Gaming Authority of India, set registration for esports and social games, and require safety, transparency, grievance redressal, plus penalties and appeals for violations.

Summarised by Beize from a story on YourStory on 24 Apr 2026
Swiggy launches Builders Club letting outsiders build AI agents that order food shop and book

Swiggy launches Builders Club letting outsiders build AI agents that order food shop and book

Swiggy is opening its AI commerce infrastructure through Builders Club, a developer programme for external builders, startups, and enterprises. Backed by AWS and powered by Amazon Bedrock and AgentCore, it grants approved teams access to multiple MCP servers and 18+ APIs across Swiggy Food, Instamart, and Dineout. Builders can create AI agents and copilots that take real actions, with invite-led access, rate limits, and engineering support.

Summarised by Beize from a story on YourStory on 24 Apr 2026
STCH secures 5.5M pre Series A to supercharge AI fabric R&D and manufacturing scale

STCH secures 5.5M pre Series A to supercharge AI fabric R&D and manufacturing scale

Bengaluru textile tech startup STCH has raised $5.5 million in a pre-Series A led by Omnivore, with Kae Capital and WVC participating. The startup plans to expand AI capabilities, R&D, and partnerships with textile mills and global fashion brands. Using a CDMO model, STCH targets AI-native fabric innovation, with an order book exceeding $15 million from UK, Europe, and the US.

Summarised by Beize from a story on YourStory on 24 Apr 2026
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