SUMMARY
With Sarvam closing its Series B at $234 Mn, AI emerged as the most funded sector this week. Five startups in the segment collectively raised more than $265 Mn
Khosla Ventures and Rainmatter emerged as the most active investors this week, backing three startups each
Seed-stage funding tumbled to $7.8 Mn across five deals this week as against $22.3 Mn across five deals last week
Indian startups cumulatively raised $426 Mn across 19 deals between June 15 and June 19, marking a significant jump from the $243 Mn secured across 25 deals last week.
The week was headlined by Sarvam’s $234 Mn Series B fundraise, the largest single deal of the week and one of the biggest rounds ever raised by an Indian AI startup, pushing the sector to the top of the funding charts.
Funding Galore: Indian Startup Funding Of The Week [Jun 15 – Jun 19]
Date
Name
Sector
Subsector
Business Model
Funding Round Size
Funding Round Type
Investors
Lead Investor
15 Jun 2026
Sarvam
AI
Foundation Model/ LLM
B2C, B2B
$234 Mn*
Series B
HCLTech, Bessemer Venture Partners, Khosla Ventures, Peak XV Partners
HCLTech
16 Jun 2026
SolarSquare
Clean Tech
Climate Tech
B2B
$53 Mn
Series C
Lightspeed, Lowercarbon Capital, Rainmatter, Good Capital
Lightspeed
18 Jun 2026
Vetic
Health Tech
In-Clinic Healthcare
B2C
$40 Mn
–
Bessemer Venture Partners, Greenoaks Capital, Lachy Groom, JSW Family Office
Bessemer Venture Partners
16 Jun 2026
TruNativ
Ecommerce
D2C
B2C
$30 Mn**
Series B
OrbiMed, 100Unicorns, Rainmatter, Venture Catalysts
OrbiMed
17 Jun 2026
Pramaana Labs
AI
Aplication Layer
B2B
$27 Mn
Seed
Khosla Ventures, Accel, BoldCap, Nexus Venture Partners, Premji Invest, Unbound
Khosla Ventures
18 Jun 2026
Rusk Media
Media & Entertainment
Digital Media
B2B
$10.6 Mn
Pre-Series C
Nazara Technologies, InfoEdge Ventures, IvyCap Ventures, Audacity VC
Nazara Technologies
13 Jun 2026
Zumutor Biologics***
Health Tech
Lifescience
B2B
$7.3 Mn
Series B
Accel, Bharat Innovation Fund, Premji Invest, Ashish Kacholia (Lucky Investment), Raj Dandu (Dandu Group)
Accel, Bharat Innovation Fund
18 Jun 2026
Karo Sambhav
Clean Tech
Climate Tech
B2B
$5.9 Mn
Pre-Series A
Rainmatter
Rainmatter
15 Jun 2026
Foodstories
Foodtech
–
B2C
$5.2 Mn
Series B
Nikhil Kamath (Zerodha)
Nikhil Kamath (Zerodha)
16 Jun 2026
CREST
Fintech
Investment Tech
B2C
$3.1 Mn
Pre-Seed
Atrium Ventures, BEENEXT, DeVC, Sparrow, Shastra VC, Warmup Ventures, 91ventures, Amit Ranjan (SlideShare), Chirag Taneja (GoKwik), Revant Bhate (Mosaic Wellness), Shantanu Deshpande (Bombay Shaving Company)
Atrium Ventures, BEENEXT, DeVC, Sparrow, Shastra VC, Warmup Ventures, 91ventures
16 Jun 2026
ContraVault
AI
Aplication Layer
B2B
$3.1 Mn
Pre-Series A
Chiratae Ventures, Titan Capital
Chiratae Ventures
15 Jun 2026
AutoVRse
Advanced Hardware & Technology
AR/VR
B2B
$2.4 Mn
–
Singularity AMC, Lumikai
Singularity AMC, Lumikai
16 Jun 2026
Omli Kids
Edtech
Digital Learning Platform
B2C
$1.5 Mn
Seed
IndiaQuotient, General Catalyst
IndiaQuotient
16 Jun 2026
Speedioo
Ecommerce
Recommerce
B2C
$1.1 Mn
Seed
Atomic Capital
Atomic Capital
16 Jun 2026
Gimi Michi
Ecommerce
D2C
B2C
$1 Mn
Seed
IndiaQuotient, DeVC, Titan Capital, IIMA Ventures
IndiaQuotient
17 Jun 2026
Xtovia
Ecommerce
D2C
B2C
$731K
Pre-Seed
V3 Ventures, Consumer Collective
V3 Ventures
16 Jun 2026
TrackerSuite
Enterprisetech
Horizontal SaaS
B2B
$635K
Pre-Series A
Pontaq.VC, Shubhan Ventures, Candle Advisors
–
18 Jun 2026
Tringbox
AI
Aplication Layer
B2B
$530K
Seed
Nikhil Gandhi (GIPL), MGB Family Office, Narendra Singh Yadav (Paytm)
Nikhil Gandhi (GIPL)
17 Jun 2026
INFLUISH
Media & Entertainment
Creator Economy
B2B
–
Pre-Seed
Pankaj Vermani (Clovia), Jeetendra Tewani (Angel), Sachin Harneja (Angel)
–
Source: Inc42
*Part of larger round
**Mix of primary and secondary transactions
***Included this week as it was skipped last week
Key Startup Funding Highlights Of The Week
On the back of Sarvam closing its $234 Mn round, AI emerged as the most funded sector this week. In total, five startups in the segment raised more than $265 Mn during the week.
Cleantech took the second spot on the funding charts this week, with SolarSquare’s $53 Mn Series C round and Karo Sambhav’s $5.9 Mn Pre-Series A together drawing $58.9 Mn into the segment.
Seed-stage funding tumbled to $7.8 Mn across five deals this week as against $22.3 Mn across five deals last week.
Khosla Ventures and Rainmatter emerged as the most active investors this week, backing three startups each. Bessemer Venture Partners also backed two startups during the week.
Startup IPO Updates This Week
Startup Fund Updates This Week
Startup M&As This Week
Other Developments Of The Week
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