Top VCs in Talks to Fund Half Dozen Indian AI Startups

27 Oct 2026, 8:10 am · 8h ago · 1 min read · Moneycontrol.com

Stage

Seed

Top venture capital firms including Peak XV Partners, Lightspeed, Activate, and General Catalyst are in talks to invest in about six early-stage Indian artificial intelligence startups. The companies seeking capital include an unnamed venture by former Zomato executive Rinshul Chandra, Erid Bio, Spark Labs, Dvar AI, Blackbird, and Pathnovo. Individual funding rounds are expected to range between $3 million and $10 million, focusing on AI agents, biotechnology, and enterprise software solutions. The surge in dealmaking reflects strong venture capital appetite for Indian founders developing vertical AI applications for global enterprise markets.