Startup funding today: Foundry raises ₹12 Cr, Origin raises $20 Mn · 16 October 2026
Kalpana Maurya
16 Oct 2026 · 1 min read
Indian startups announced 3 funding rounds worth at least ₹553 Cr and $20 Mn on 16 October 2026, led by Foundry. 11 deals and 0 leadership moves also made the day's news. Every line links to the publisher that reported it.
Indian startups announced 3 funding rounds worth at least ₹553 Cr and $20 Mn on 16 October 2026, led by Foundry. 11 deals and 0 leadership moves also made the day's news. Every line links to the publisher that reported it.
Funding
- Shamrock AI Bags $5 Mn To Help Enterprises Deploy AI Agents Reliably — Inc42
- Foundry raised ₹12 Cr in a Pre-seed round, BusinessLine · Companies reported. BusinessLine · Companies ↗
- Origin raised $20 Mn, Inc42 reported. Inc42 ↗
- Confido Health Raises $12.5 Mn To Automate Healthcare Administration With AI — Inc42
- Rajesh Power Services raised ₹541 Cr from Gujarat discoms, BusinessLine · Companies reported. BusinessLine · Companies ↗
Deals and IPOs
- IPO GMP Today: Tonbo Imaging Vs Sahajanand Vs Zetwerk Vs Bonfiglioli Transmissions: Who Has Highest Potential Listing Gain? — NDTV Profit
- India’s Biggest IPO, Groww’s Q2 Profit Run & More — Inc42
- Tonbo Imaging IPO Subscribed 1.47X On Day 1 So Far, NIIs Lead Demand — Inc42
- Inside SEBI’s 10 Key Proposed Changes To SME IPO Rules — Inc42
- Zetwerk IPO Subscribed 8% On Day 1 So Far — Inc42
- Tonbo Imaging IPO GMP Today: Grey Market Premium Signals 71% Listing Gain; Check Price Band, Lot Size — NDTV Profit
- Zetwerk IPO Opens Today: Check GMP, Subscription, Listing, Allotment Details; Should You Apply? — NDTV Profit
- Anthropic says it is profitable: What Claude-maker's Q3 revenue of $16.8 Billion does and does not show — Mint · Companies
- Ceat’s Camso acquisition targets EBITDA break-even by March 2027: CEAT CFO & ED Kumar Subbiah — BusinessLine · Companies
- Reliance Jio Targets 314 Million New Subscribers Ahead Of Major IPO — NDTV Profit
- Jio's Akash Ambani says services, not tariff hikes, to drive revenue as record IPO nears — YourStory
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