The flow of venture capital continues to show steady growth in Indian startups, maintaining this pace in October 2026. The week was marked by large funding rounds in the Physical Artificial Intelligence (Physical AI), Electric Vehicle (EV) manufacturing, and healthcare sectors, supported by the active operations of early-stage funds and the issuance of unsecured debt.
Major investments covered deep tech/AI, electric vehicles, home decor, educational technology (edtech), and SME lending.
Key Takeaways
Softdel, an Internet of Things (IoT) pioneer headquartered in Pune and founded in 1999, is leveraging its experience in Operational Technology (OT) and connected devices, accumulated over more than 25 years, to advance its corporate Artificial Intelligence (AI) strategy.
Softdel recognizes that IoT serves as the foundational data channel for AI. Therefore, the company links physical assets with cloud analytics to provide industrial-grade AI solutions for smart buildings, industrial automation, and smart energy.

