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Daily Indian Funding Roundup & Key News - 19 Augus

Daily Indian Funding Roundup & Key News - 19 August 2026: CtrlS Raises ₹250 Crore With Nikhil Kamath Investment, Shiprocket Lists At 35% Premium, and More

· IPO & Markets · StartupTalky

Seven funding rounds closed on 19 August 2026, spanning data centres, paediatric healthtech, deep tech, speciality coffee, enterprise AI and construction procurement. Piper Serica, Inflexor Ventures and DG Daiwa Ventures were among the day's lead investors. The headline raise is CtrlS's INR 250 crore round, which includes INR 200 crore from Zerodha co-founder Nikhil Kamath. Away from funding, Shiprocket listed at a 35% premium on its stock market debut, Swiggy shareholders approved a plan to become an Indian-owned and controlled company, and KKR acquired a minority stake in BookMyShow. CtrlS raised INR 250 crore, including INR 200 crore from Zerodha co-founder Nikhil Kamath and INR 50 crore from entrepreneur Sreeram Reddy Vanga. The funds will go towards infrastructure expansion and capacity build-out to meet growing enterprise and hyperscaler demand across India. Founded by Sridhar Pinnapureddy, CtrlS is a hyperscale data centre operator building AI-ready infrastructure for India's digital economy. It operates 19 data centres across nine key markets with more than 370 MW of capacity, and has 4.4 GW of projects at various stages of execution. Butterfly Learnings raised INR 65 crore in a Pre-Series B round led by Inflexor Ventures, with existing investors Enzia Ventures, Insitor Impact Asia Fund and IIMA Ventures also participating. The funds will expand its centre network beyond Maharashtra, strengthen its technology and AI capabilities, and grow its therapist training programme. Founded by Dr Sonam Kothari and Dr Abhishek Sen, Butterfly Learnings is a Mumbai-based paediatric behavioural health platform for children with autism, ADHD and learning disabilities. It runs 90 centres across 22 cities and holds an exclusive global licence for Get SET Early, an eye-tracking-based autism screening technology. AlgoFET raised INR 15 crore in a pre-Series A round led by Piper Serica. The funds will accelerate development of its infrastructure products, expand in-house manufacturing, and scale deployments across defence, enterprise and international markets. Founded in December 2023 by Ankit Mishra, AlgoFET is a Bengaluru-based deep tech startup building autonomous ground infrastructure for drones, covering docking, charging, battery management and fleet monitoring. It has deployed more than 2,000 units and has an order pipeline of over 4,000 units. First Coffee raised $1.3 million in a pre-Series Around led by Japanese venture capital firm DG Daiwa Ventures, with participation from BEENEXT and other angel investors. The funds will accelerate store expansion, build out a corporate team, and strengthen brand marketing and product development. Founded in 2024 by Sohrab Sitaram and Shiv Dhawan, First Coffee is a grab-and-go speciality coffee brand with 25 stores across Delhi, Punjab and Haryana. The round takes its total funding to $2.5 million, and it now plans to expand into Tier 2 markets. Zenalyst raised INR 3 crore in a pre-seed round through compulsorily

Original source: StartupTalky
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