Quick Take
- Five Indian startups raised around $93 Mn combined across May 2026 across very different sectors.
- Scapia led with $63 Mn, while Pronto closed a $20 Mn extension at a $200 Mn valuation.
- Alphadroid, Mythik, and SCIKIQ raised smaller rounds in robotics, media-tech, and enterprise AI.
This Indian startup funding roundup tracks five rounds closed in May 2026, totaling around $93 Mn (Rs 775 Cr). The pack spans travel fintech, home services, robotics, mythology entertainment, and enterprise AI.
The list is led by Bengaluru-based travel fintech Scapia, which raised $63 Mn from General Catalyst on May 21. Pronto, also from Bengaluru, doubled its valuation to $200 Mn after a $20 Mn extension from solo investor Lachy Groom. Three smaller rounds round out the list. Together, they show capital is flowing, but it is concentrated in fewer, higher-conviction bets.
StartupFeed Insight
The pattern in this batch is clear: marquee global funds are writing big cheques only where consumer behavior is genuinely new. General Catalyst backed Scapia because Gen Z treats travel as a baseline, not a luxury. Lachy Groom backed Pronto because urban India is finally putting domestic help online. The smaller rounds at Alphadroid, Mythik, and SCIKIQ are early bets on India-first stories that travel globally: physical AI robots, Eastern mythology IP, and enterprise data plumbing. Expect at least two of these five to close another round before Q3 FY27, likely Scapia and Pronto at $1 Bn-plus valuations, by StartupFeed Desk.
Indian Startup Funding Roundup: The 5 Deals
| Startup | Amount | Round | Lead Investor | Sector |
|---|---|---|---|---|
| Scapia | $63 Mn (Rs 525 Cr) | Series C | General Catalyst | Travel fintech |
| Pronto | $20 Mn (Rs 167 Cr) | Series B extension | Lachy Groom | Home services |
| Mythik | $5 Mn (Rs 42 Cr) | Seed extension | Multiple angels | Media-tech |
| Alphadroid | $3.8 Mn (Rs 36 Cr) | Pre-Series A | Alkemi Growth Capital | Robotics |
| SCIKIQ | $1.5 Mn (Rs 14 Cr) | Pre-Series A | Triton Investment Advisors | Enterprise AI |
Scapia raises $63 Mn at over $500 Mn valuation
Bengaluru-based Scapia closed a $63 Mn Series C led by General Catalyst on May 21, with participation from existing investors Peak XV Partners and Z47. Post-money valuation crossed $500 Mn, more than double its April 2025 mark. Total funding to date stands at around $126 Mn.
Founded in 2022 by former Flipkart executive Anil Goteti, Scapia runs co-branded credit cards with Federal Bank and Bank of Baroda, plus a UPI (Unified Payments Interface, India’s real-time payments rail) rewards layer called Scapia Pay. Flight bookings on the platform have grown 5-6x year-on-year. Stay bookings are up 8x. The fresh capital will fund brand spend and an AI-first product push.
Pronto extends Series B to $45 Mn at $200 Mn valuation
Pronto, a Bengaluru-based home services startup, added $20 Mn from solo investor Lachy Groom on May 6, taking its Series B total to $45 Mn. Valuation doubled to $200 Mn in roughly a month. The deal closed after a 20-minute first meeting between Groom and founder Anjali Sardana, according to TechCrunch.
Founded in 2025, Pronto offers on-demand cleaning, laundry, and cooking help. It runs in 10 cities and over 150 micromarkets. Daily bookings climbed from 1,000 last year to 25,000 this March. Around 99% of the 4,500-plus active workers on the platform are women. Total funding now stands near $60 Mn.
Mythik raises $5 Mn for “Disney from the East”
Mumbai-based entertainment startup Mythik raised an additional $5 Mn, taking its valuation past $50 Mn. The round was reported on May 20. New investors include Dream11 founder Harsh Jain, former McKinsey global MD Rajat Gupta, Zubin Bharti Mittal, and Blume Ventures‘ Founder Fund. Sakal Media Group and family offices participated again.
Founded by Jason Kothari, Mythik adapts Eastern mythology, folklore, and historical stories for global audiences using modern tech. The team is about 200 strong, with hires from Disney, Amazon Studios, Tencent, MX Player, and Amar Chitra Katha. Mythik raised a $15 Mn seed less than a year ago, which it described as one of India’s largest media-tech seed rounds.
Alphadroid bags Rs 36 Cr for physical AI robots
Noida-based Alphadroid raised Rs 36 Cr (around $3.8 Mn) in a pre-Series A on May 7, led by Alkemi Growth Capital. Shree Vasu Logistics and undisclosed HNIs (High-Net-worth Individuals) also joined. This is the company’s first external round.
Founded in 2023 by Sanjeev Kumar and incubated at IIIT Lucknow, Alphadroid builds service robots that handle payloads of 40 kg to 250 kg. Clients include Nestle, Bikanerwala, Emami, and Reliance Smart. Annual revenue stood at Rs 1.4 Cr as on March 2025. The fresh capital will go into product expansion, new clients, and engineering hires.
SCIKIQ raises $1.5 Mn for enterprise AI data layer
Gurugram-based SCIKIQ raised $1.5 Mn (around Rs 14 Cr) in its maiden pre-Series A round on May 12. Triton Investment Advisors (Triton Fund II) led. Founded in 2023 by Gaurav Shinh and Rohit Kumar, SCIKIQ builds an AI-native enterprise intelligence platform.
The platform helps large companies unify scattered data and run analytics, governance, and generative AI on top. Existing clients include the London Stock Exchange, Aster DM Healthcare, and BrandSafway. The funds will pay for offices and hires in the US, the UK, and the UAE.
What does this Indian Startup Funding Roundup tell us?
Three signals stand out. First, the bar for Series B and Series C is sharply higher. Scapia raised at over 100x its FY25 revenue, but only after showing 5x year-on-year growth and zero forex markup features that Gen Z spenders care about. Pronto raised at 8x its valuation from nine months ago, but only after daily orders jumped 25x. Soft growth no longer raises soft money.
Second, early-stage cheques are getting smaller. Three of the five deals here were $5 Mn or less. Alphadroid waited two years before raising its first external round.
Third, the centre of gravity is shifting outside Bengaluru. Two of the five (SCIKIQ in Gurugram, Alphadroid in Noida) are NCR-based. One (Mythik) is in Mumbai. The NCR enterprise-tech and Mumbai media-tech corridors are starting to claim more weekly headlines.
About the 5 Companies
Scapia is a travel fintech founded in 2022 by Anil Goteti, headquartered in Bengaluru, backed by General Catalyst, Peak XV Partners, and Z47. Pronto is a home services startup founded in 2025 by Anjali Sardana in Bengaluru, backed by Lachy Groom, Epiq Capital, Glade Brook Capital, General Catalyst, and Bain Capital Ventures. Mythik is a Mumbai-based mythology entertainment startup founded by Jason Kothari, backed by Blume Ventures, Sakal Media Group, Harsh Jain, and Rajat Gupta. Alphadroid is a Noida-based robotics startup founded in 2023 by Sanjeev Kumar, backed by Alkemi Growth Capital. SCIKIQ is a Gurugram-based enterprise AI startup founded in 2023 by Gaurav Shinh and Rohit Kumar, backed by Triton Investment Advisors.
What’s Next
Watch Pronto for a Series C announcement by late 2026 if daily orders cross 50,000. Watch Scapia for a credit-card portfolio milestone (over one million active cards) that would justify the $500 Mn-plus valuation. Smaller players will be tested on retention. Which of these five do you think will hit unicorn status first?
Frequently Asked Questions
Which Indian startups raised funding in this May 2026 roundup?
This Indian startup funding roundup covers five deals: Scapia ($63 Mn), Pronto ($20 Mn), Mythik ($5 Mn), Alphadroid ($3.8 Mn), and SCIKIQ ($1.5 Mn). Combined, they raised around $93 Mn across travel fintech, home services, mythology entertainment, robotics, and enterprise AI.
Who led the biggest Indian startup funding round in May 2026?
General Catalyst led the biggest round, investing $63 Mn in Scapia’s Series C. Peak XV Partners and Z47 also participated. The round more than doubled Scapia’s valuation to over $500 Mn. Founder Anil Goteti said the funds will go into brand building and AI hires.
Why is Pronto’s valuation jumping so fast?
Pronto’s valuation doubled to $200 Mn in roughly a month because daily orders grew from 18,000 in March to 25,000 in April. The startup grew from 1,000 daily bookings a year ago to 25,000 today. Solo investor Lachy Groom closed his $20 Mn cheque after one 20-minute call.
