Startup funding today: RapidCanvas raises $29 Mn, Tonbo Imaging IPO Growth · 17 October 2026
Kalpana Maurya
17 Oct 2026 · 1 min read

Indian startups announced 1 funding round worth at least $29 Mn on 17 October 2026, led by RapidCanvas. 7 deals and 1 leadership move also made the day's news. Every line links to the publisher that reported it.
Indian startups announced 1 funding round worth at least $29 Mn on 17 October 2026, led by RapidCanvas. 7 deals and 1 leadership move also made the day's news. Every line links to the publisher that reported it.
Funding
- RapidCanvas raised $29 Mn in a Series B round, Inc42 reported. Inc42 ↗
- Snabbit’s FY26 loss widens 29-fold to ₹168 crore — BusinessLine · Companies
- Tonbo Imaging raised an undisclosed amount in a Growth round, Inc42 reported. Inc42 ↗
- Polycab India Q2 Review: Jefferies, Citi Maintain Buy After Q2 Upbeat; JPMorgan Retains Overweight — NDTV Profit
- Cult.fit Gets SEBI Clearance For ₹950 Cr+ IPO — Inc42
- Urban Company Board Clears Plans To Raise Up To ₹2,500 Cr — Inc42
Deals and IPOs
- Tonbo Imaging IPO Oversubscribed Nearly 7X On Day 2 So Far — Inc42
- Zetwerk IPO Subscribed 27% On Day 2 So Far, QIB & Retail Portions Booked 32% Each — Inc42
- Shop Pay’s India Debut, Zetwerk IPO Day 1 & More — Inc42
- Jio IPO: Meta, Google, Intel And Other Early Investors Set For Multibagger Gains On Pandemic-Era Investments? — NDTV Profit
- Zetwerk IPO GMP Today: Grey Market Premium Signals 9.27% Listing Gain — NDTV Profit
- From Operation Sindoor to ADAS: Tonbo Imaging takes battlefield technology to civilian applications — BusinessLine · Companies
- Fusion CX IPO: Promoters See AI As Growth Driver, Plan Debt Reduction With Rs 702 Crore Issue — NDTV Profit
People moves
- Magicbricks appoints Mayank Jain as CEO — YourStory
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