{
  "id": 950850,
  "title": "From Yulu To Discovered Materials — Indian Startups Raised $140 Mn This Week",
  "url": "https://urgent.news/2026/08/15/from-yulu-to-discovered-materials-indian-startups-raised-140-mn-this",
  "topic": "business",
  "section": "Business",
  "published": "2026-08-15T03:30:08.000Z",
  "source": {
    "name": "Inc42",
    "slug": "inc42",
    "url": "https://inc42.com/buzz/from-yulu-to-discovered-materials-indian-startups-raised-140-mn-this-week/"
  },
  "original_language": "en",
  "account": "Indian startups collectively raised $140 Mn in funding during the week of August 10 to 14, marking a 44% decrease from the previous week's $274.4 Mn. Yulu's $93 Mn Series C round was the largest single deal, contributing to 67% of the total capital raised, making it the sector leading the funding activity this week. Other notable startups that secured funding include Centricity with $29 Mn in wealth tech, Discovered Materials with $9 Mn in advanced hardware and technology, and Scrubsy with $3 Mn in e-commerce. AstroTalk, an astrology platform, joined India's unicorn club, valued at over $1 billion. Lightspeed India Partners, Finvolve, and Peak XV Partners were the most active investors, backing several startups.",
  "summary": "Indian startup funding activity remained muted in the second week of August, even as astrology platform AstroTalk joined the unicorn…",
  "key_points": [],
  "editors_take": null,
  "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."
}