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Ctruh raises 2.5 million and Cars24 COO exits as IndiaMART profit plunges
Business
Published on 1 May 2026
One seed deal fuels XR expansion while IPO readiness
April 30, 2026 saw a burst of funding across India’s startup scene, from Ctruh’s $2.5M seed round for browser-based XR tools to Oolka’s $14M Series A for AI credit management. Kissht pulled in ₹278 crore from anchor investors ahead of its IPO. Meanwhile, Cars24’s COO Mehul Agrawal stepped down and IndiaMART’s Q4 profit fell 72%.
- Ctruh leads with a $2.5M seed for XR and immersive tools
- Kissht secures ₹278 crore anchor funding ahead of its IPO
- Oolka, UbiqEdge, and Kimbal also collect fresh rounds for AI and smart infrastructure
- Cars24 leadership churn and IndiaMART’s 72% profit drop signal pressure on growth
Read the full story at Startup Talky
This summarization was done by Beige for a story published on 
Startup Talky