{
  "id": 17330473,
  "title": "From To Cent to Matiks — Indian Startups Raised Over $132 Mn This Week",
  "url": "https://urgent.news/2026/10/31/from-to-cent-to-matiks-indian-startups-raised-over-132-mn-this-week",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-31T03:30:12.000Z",
  "source": {
    "name": "Inc42",
    "slug": "inc42",
    "url": "https://inc42.com/buzz/from-to-cent-to-matiks-indian-startups-raised-over-132-mn-this-week/"
  },
  "original_language": "en",
  "account": "Indian startup funding activity remained relatively low in the final week of October, with a 29.2% decline in venture capital compared to the previous week. Despite this, 32 new ventures secured funding, marking an 88% increase from the week prior. Among the notable funding rounds was Cent, a healthtech startup, which raised $15 Mn in a Series A round led by Blume Ventures and South Park Commons. Simplismart, an AI infrastructure company, secured $14 Mn in a Series B round with Dallas Venture Capital and NVIDIA. Live2.ai, a B2B AI application, brought in $13.7 Mn in a pre-Series B round. Among the more prominent funding rounds was Matiks, a gaming startup, which received $10 Mn in a pre-Series A investment led by General Catalyst and other venture capital firms. Ecommerce dominated the sector with nine deals totaling $33.4 Mn.",
  "summary": "Indian startup funding activity remained muted in the last week of October. Homegrown new-age tech ventures managed to raise $130.2…",
  "key_points": [
    "Cent healthtech startup raised $15 Mn in Series A round",
    "Matiks gaming startup received $10 Mn pre-Series A investment",
    "Ecommerce sector dominated with nine deals totaling $33.4 Mn"
  ],
  "editors_take": "A surge in new venture deals despite falling total capital levels signals a shift toward a broader, more fragmented ecosystem of early-stage investments across diverse sectors like AI and gaming.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}