India’s startup ecosystem continues to demonstrate resilience and depth. Between February 20 and February 26, 2026, startups raised a total of ₹836 crore across 25 deals, reflecting steady investor confidence despite global macro uncertainties.
Notably, the week witnessed a mix of Series A, Series B, Series C, and Pre-Series B rounds, signaling that capital deployment is happening across growth stages, not just early-stage experimentation.
In this blog, we break down:
- The overall weekly funding landscape
- The top 5 deals that shaped momentum
- Sectoral observations
- Investor patterns
- What this means going forward
1️⃣ Weekly Snapshot: Strong Capital Flow Continues
To begin with, ₹836 crore in a single week is not a headline-grabbing spike, but it represents something equally important: consistency.
- Total Amount Raised: ₹836 Cr
- Total Number of Deals: 25
- Average Deal Size: ~₹33.4 Cr
- Largest Deal: ₹159.18 Cr
Interestingly, the capital distribution was skewed toward the top five deals, which together accounted for more than half of the weekly total.
Therefore, while deal count remains healthy, capital concentration continues around high-growth, high-visibility startups.
2️⃣ Top 5 Deals (Feb 20 – Feb 26, 2026)
Below is a detailed snapshot of the week’s biggest transactions:
| Deal Date | Trade Name | Deal Size (₹ Cr) | Investors/Buyers | Round/Series | Location |
| 24 Feb 2026 | Wishlink | 159.18 | Vertex Ventures SE Asia & India | Fundamentum Partnership | Elevation Capital (SAIF Partners) | Series B | Gurgaon |
| 23 Feb 2026 | Pluckk | 100.00 | Euro Gulf Investment | Series C | Mumbai |
| 25 Feb 2026 | Home Essentials | 70.00 | 360 ONE (IIFL Asset Management) | India Quotient | Pre-Series B | Gird |
| 25 Feb 2026 | Zeroharm | 65.00 | Kotak Private Equity | Alkemi Venture Partners | Series A | Hyderabad |
| 25 Feb 2026 | wootz work | 60.01 | Z47 (Matrix Partners India) | Nexus Venture Partners | Advantedge Incubators | Stride Ventures | Series A | New Delhi |
Note: All five deals are sourced from press announcements, as MCA filings are yet to be made.
3️⃣ Deal Breakdown: What Stands Out?
🔹 1. Wishlink’s ₹159.18 Cr Series B
Leading the week, Wishlink secured ₹159.18 Cr in a Series B round.
More importantly, participation from well-known growth-stage investors indicates:
- Strong revenue traction
- Scalable influencer-commerce or social commerce potential
- Market leadership ambitions
Consequently, this deal alone accounted for nearly 19% of the week’s total funding.
🔹 2. Pluckk’s ₹100 Cr Series C
Next, Pluckk, a fresh produce and agri-supply startup, raised ₹100 Cr in Series C funding.
This signals two important themes:
- Investor appetite in food-tech remains alive
- Operationally strong supply-chain players continue attracting late-stage capital
Furthermore, Series C indicates maturity; this is no longer an experimentation phase.
🔹 3. Home Essentials’ Pre-Series B Momentum
Home Essentials raised ₹70 Cr within just three years of incorporation (2023).
This is particularly notable because:
- Early scaling brands in D2C home categories are gaining traction
- Institutional investors are stepping in earlier
Thus, consumer demand plus strong unit economics may be driving confidence.
🔹 4. Zeroharm’s Deeptech Play
Healthcare and science-backed ventures continue gaining investor interest.
Zeroharm Sciences raised ₹65 Cr in Series A funding, suggesting:
- Regulatory-ready product pipeline
- Scalable life sciences model
- Long-term defensibility
Importantly, healthcare capital remains patient capital.
🔹 5. Wootzwork’s Multi-Investor Backing
Finally, Wootzwork Labs secured ₹60.01 Cr in Series A with participation from multiple venture players.
Multi-investor participation typically signals:
- Strong validation
- Competitive term sheets
- Confidence in early traction
Moreover, it reflects ecosystem maturity; early-stage bets are becoming sharper.
4️⃣ Sectoral Themes Emerging
Now, stepping back, what patterns do we observe?
✅ Commerce & D2C Still Strong
Social commerce, home essentials, and fresh produce dominated the top deals.
✅ Early-to-Growth Stage Funding Active
Series A and Series B rounds were prominent, meaning:
- Startups are crossing the survival stage
- Investors are backing scale, not just ideas
✅ Geographic Diversity
Funding wasn’t limited to Bengaluru or Mumbai.
Deals spanned:
- Gurgaon
- Mumbai
- Hyderabad
- New Delhi
- Gird
Therefore, startup capital is increasingly distributed.
5️⃣ Capital Concentration Insight
Let’s analyze proportionally:
- Top 5 deals combined: ~₹454 Cr
- Total weekly funding: ₹836 Cr
- Contribution: ~54%
In other words, more than half the week’s capital was concentrated in just five companies.
While deal count remains broad, capital depth remains selective.
6️⃣ What This Means for the Ecosystem
The numbers tell a subtle but important story:
- Investors are cautious, but not inactive.
- Growth-stage companies with revenue clarity are favored.
- Multi-investor rounds indicate competitive deal-making.
- Early incorporation dates (2020–2023) show fast scaling cycles.
Above all, the Indian startup ecosystem is no longer purely hype-driven; it is performance-driven.
7️⃣ Looking Ahead: Will March Sustain the Momentum?
If this pace continues:
- Monthly funding could cross ₹3,000–₹3,500 Cr
- Series A/B pipelines may strengthen
- Select sectors (commerce, health, supply chain) may see deeper capital
Nevertheless, weekly momentum suggests controlled optimism.
Conclusion: Deal Activity Signals Structured Confidence
To conclude, ₹836 Cr across 25 deals reflects not frenzy, but focus.
Capital is flowing.
Investors are selective.
Founders are scaling with discipline.
The ecosystem appears healthier, sharper, and more revenue-conscious than previous cycles.
Structured deal intelligence becomes increasingly critical for investors, family offices, and ecosystem players.
PrivateCircle helps decode private company financials, funding insights, and growth signals, enabling smarter capital decisions in a rapidly evolving market.