This month, startups across multiple stages secured funding through 94 rounds, according to data from market intelligence platform Tracxn. This was 26.1% lower than in the previous month.
In February 2026, startups raised around $1.27 billion across 128 rounds.
Last week, between March 14 and 20, startups raised around $343 million, a 69% decline compared to the $1 billion secured during the same period last year.
ETtechTop deals of the month
Weaver: In the largest deal of the month, housing finance platform Weaver Services raised about $156 million from Premji Invest, the family office of IT czar Azim Premji, and venture capital (VC) fund Lightspeed Venture Partners. This funding will facilitate Weaver’s acquisition of a controlling stake in Centrum Housing Finance Limited (CHFL).
Rocketlane: Chennai-based B2B software-as-a-service (SaaS) startup Rocketlane raised $60 million in a round led by New York-based fund Insight Partners as it expands its artificial intelligence (AI)-led offerings. The latest infusion takes the company’s total funding to $105 million.
Euler Motors: Electric vehicle (EV) maker Euler Motors secured $47 million in a Series E funding round led by private equity (PE) fund Lightrock, with participation from Hero MotoCorp and Blume Ventures. The Delhi-based firm plans to double its production capacity from about 1,000 vehicles per month, with a third manufacturing facility expected to be operational within the next six months.
Cult.fit: Fitness platform Cult.fit also raised $47 million in a Series F round from Singapore-based global investment firm Temasek. The Bengaluru-based startup has raised capital after two years. In 2024, it had raised $10.2 million in a round led by existing backer Valecha Investments, which valued it at over $1.5 billion. So far, the company has raised over $650 million from investors like Accel, Temasek, Chiratae, and Kalaari Capital.