Indian startup funding trends saw a recovery in the first week of June. During the past week, Indian startups cumulatively raised $187.4 Mn, a 260% week-on-week jump from $52 Mn raised last week.
The ecosystem saw 21 deals in the period under review, from 14 funding deals recorded in the last week.
Funding Galore: Indian Startup Funding Of The Week [Jun 1- Jun 5]
| Date | Name | Sector | Subsector | Business Model | Funding Round Size | Funding Round Type | Investors | Lead Investor |
| 4 Jun 2026 | FirstClub | Consumer Services | Quick Commerce | B2C | $55 Mn | Series B | Peak XV Partners, Sofina, Accel, RTP Global, Paramark Ventures | Peak XV Partners, Sofina |
| 5 Jun 2026 | Innefu | Enterprise Tech | Horizontal SaaS | B2B | $30 Mn | Series B | Panthera Growth Partners | Panthera Growth Partners |
| 1 Jun 2026 | Simple Energy | Cleantech | Electric Vehicles | B2C | $26.3 Mn** | Series B | Dr. Arokiaswamy Velumani Family Office, Suhas Rajkumar (Simple Energy), Ankit Gupta (Simple Energy) | Dr. Arokiaswamy Velumani Family Office |
| 3 Jun 2026 | Aglitias Sports | Ecommerce | D2C | B2C | $23.5 Mn | - | Nexus Venture Partners, Rainmatter | Nexus Venture Partners |
| 1 Jun 2026 | Anveshan | Ecommerce | D2C | B2C | $15.8 Mn | Series B | Vertex Ventures Southeast Asia & India, International Finance Corporation, Sriharsha Majety (Swiggy), Wipro Consumer Care Ventures, Titan Capital Winners Fund, Force Ventures, Aman Gupta (boAt), Sameer Mehta (boAt) | Vertex Ventures Southeast Asia & India |
| 4 Jun 2026 | TrueFan AI | AI | Application Layer | B2B | $10 Mn | Series A | Baring Private Equity Partners India, Z3Partners, Indian Angel Network, 3Lines Venture Capital | Baring Private Equity Partners India, Z3Partners |
| 4 Jun 2026 | WeRize | Fintech | - | B2C | $7 Mn | Pre-Series C | Sony Innovation Fund, 3one4 Capital | Sony Innovation Fund |
| 3 Jun 2026 | Phab | Ecommerce | D2C | B2C | $4 Mn | Pre-Series A | OTP Ventures, Chona Family Office | OTP Ventures, Chona Family Office |
| 2 Jun 2026 | ProLearn | Edtech | Digital Learning Platform | B2C | $3.2 Mn | Pre-Seed | BEENEXT, Eximius Ventures, Antler India | BEENEXT |
| 3 Jun 2026 | Fraganote | Ecommerce | D2C | B2C | $3 Mn | Series A | V3 Ventures, Rukam Capital | V3 Ventures |
| 2 Jun 2026 | Aquapulse | Agritech | Farmtech | B2B | $2.1 Mn* | Series A | Indian Angel Network | Indian Angel Network |
| 3 Jun 2026 | Propsoch | Real Estate Tech | Property Listing & Discovery | B2C | $2 Mn | Seed | Athera Venture Partners, Sparrow Capital, Vakil Group | Athera Venture Partners, Sparrow Capital, Vakil Group |
| 3 Jun 2026 | Zuvees | Ecommerce | D2C | B2C | $1.6 Mn* | Series A | IvyCap Ventures | IvyCap Ventures |
| 4 Jun 2026 | VoltSeal | Cleantech | Electric Vehicle | B2B | $1.5 Mn | Pre-Seed | Theia Ventures, Rainmatter, Momentum Capital, Social Alpha | Theia Ventures |
| 1 Jun 2026 | Rovia | Fintech | Wealthtech | B2C | $1 Mn | Pre-Seed | Antler India, CDM Capital, AC Ventures, Operators Studio | Antler India |
| 1 Jun 2026 | KorinMi | Ecommerce | D2C | B2C | $1 Mn | Seed | Lotus Herbals Innovation Fund | Lotus Herbals Innovation Fund |
| 4 Jun 2026 | The Sweet Change | Ecommerce | D2C | B2C | $187K | Pre-Seed | Rebalance | Rebalance |
| 5 Jun 2026 | Estro Tech Robotics | Advanced Hardware & Technology | Robotics | B2B | $105K | Seed | Genrobotics | Genrobotics |
| 1 Jun 2026 | MediElaj | Healthtech | Diagnostics | B2C | $100K | - | - | - |
| 1 Jun 2026 | InterCosmos | Advanced Hardware & Technology | Spacetech | B2B | - | - | a99 VC | a99 VC |
| 2 Jun 2026 | Rosada | Ecommerce | D2C | B2C | - | - | Shilpa Shetty Kundra | Shilpa Shetty Kundra |
| Source: Inc42 *Mix of equity and debt **Part of larger round |
Key Startup Funding Highlights Of The Week
- Out of 21 funding deals recorded this week, ecommerce accounted for 8 deals - making it the sector with the highest investment activity. Startups in the sector cumulatively raised a total of $49.1 Mn this week.
- Quick commerce startup FirstClub raised the biggest $55 Mn cheque this week. The deal alone landed the consumer services sector the top spot in the cumulative fund infusion list.
- Seed stage funding jumped to $3.1 Mn across three deals this week, more than double from the $1.5 Mn raised by startups at this stage last week.
- Antler, IAN Alpha Fund and Rainmatter emerged as most active investors this week, backing two startups a piece.
Startup IPO Updates This Week
- OTT startup Kuku filed its DRHP via confidential route to raise up to ₹2,500 Cr - ₹3,500 Cr through its IPO at a targeted valuation of up to ₹15,000 Cr. The fresh funds are likely to be utilised toward improving its technology and AI infrastructure, content production, and geographic expansion
- Hospitality major OYO's parent entity PRISM received SEBI approval for its proposed IPO after the company confidentially filed its DRHP in December 2025.
Other Developments Of The Week
- Wealthtech startup Scripbox acquired the mutual fund distribution business of wealth management firm Bluechip Capital to expand its footprint in Delhi NCR.
- EV maker Ola Electric completed its QIP, raising ₹780.24 Cr by issuing 21.75 Cr equity shares at an issue price of ₹35.86 apiece.
- Dronetech company ideaForge's board approved a proposal to raise up to ₹500 Cr via preferential allotment, private placement or a QIP. The company did not disclose when or at what price the securities would be issued.
- The Open Network for Digital Commerce (ONDC) raised ₹220 Cr from four strategic investors, including Uber, Zoho, Paytm and BSE.
- Kyro Capital launched a SEBI-registered Category II alternative investment fund (AIF) with a target corpus of ₹100 Cr to back growth-stage companies preparing for public listings.