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Karnataka startups bag $868M in Q1 2026; retail second-largest sector at $275M
Karnataka startups raised $868M in Q1 2026, with retail the second-largest sector at $275M. Marico acquired Bengaluru D2C nutrition brand Cosmix for $24.9M; Shadowfax listed at $782M. Cult.fit, Porter, Ultrahuman, Supertails featured prominently.
Reported figures
From the report. Source details below
| Late-stage $317M down | 43% QoQ |
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Other figures
- 117 deals
- Seed $137M up 51% QoQ
The source
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