Funding and acquisitions in Indian startup this week [June 30 - July 05]

During the week, 26 Indian startups raised a total of approximately $290.28 million, including 9 growth-stage and 15 early-stage deals, while 2 startups kept their funding undisclosed.

In comparison, the previous week saw 30 startups across early and growth stages secure around $312.69  million.

[Growth-stage deals]

Growth and late-stage funding reached $258.5 million this week, led by B2B marketplace Jumbotail raising a $120 million round led by SC Ventures to become the latest entrant into the unicorn club. It was followed by Infra.Market’s $50 million debt raise from Mars Growth Capital. Eggoz, a consumer egg brand, and spiritual tech startup AppsForBharat secured $20 million each in their Series C rounds. Other notable fundraises came from D2C lab-grown diamond brand Aukera, NBFC FincFriends, sustainable packaging startup Bambrew, agri-tech firm Eeki, and sports brand Agilitas Sports.

[Early-stage deals]

Further, 15 early-stage startups collectively raised around $31.78 million in funding led by regulatory compliance platform Zango AI raising $4.8 million in Seed round led by Nexus Venture Partners followed by deeptech startup Maieutic Semiconductor, fertility-tech startup Luma Fertility, 

Deeptech startup AjnaLens,  B2B infrastructure platform for fixed deposit (FD) distribution Blostem  also raised a sum but did not disclose the amount raised.

For a detailed funding breakdown, visit TheKredible.

[City and segment-wise deals]

In terms of the city-wise number of funding deals, Bengaluru-based startups led with 9 deals followed by Delhi-NCR with 8 deals. Chennai, Mumbai, Thane and others also bagged deals.

Segment-wise, e-commerce, foodtech and deeptech startups are at the top spot with 4 deals each. AI startups followed with 3 deals,  Fintech and biotech startups secured 2 deals each. Proptech, spiritual tech, agritech and other startups also bagged deals this week.

[Series-wise deals]

During the week, Seed funding led with 10 deals followed by pre-Series A grabbing 5 deals followed  by Debt, Series C, Series A and others.

[Week-on-week funding trend]

On a weekly basis, startup funding declined marginally  by 7% to $290.28 million as compared to around $312.69 million raised during the previous week.

The average funding in the last eight weeks stands at around $217.64 million with 23 deals per week.

[Key Hirings]

This week saw notable hirings across companies. Fintech platform MobiKwik has promoted Saurabh Dwivedi to CTO and Dhruv Wadhera to SVP, Offline Payments, to strengthen its core operations. IPO-bound merchant payments company Pine Labs will appoint Sameer Kamath as its new chief financial officer. Glance has appointed Amit Bansal to lead the future of AI-led commerce with Roposo. Wellbeing Nutrition appointed Varun Kandhari as its new Chief Marketing and Growth Officer.

Visit TheKredible for more details

[Mergers and Acquisitions]

Zoho Corporation has acquired Kochi-based deeptech startup Asimov Robotics. Founded in 2012, Asimov Robotics builds robotic solutions to help industries manage hazardous and repetitive tasks.

Visit TheKredible to see series-wise deals along with amount breakup, and more insights.

[New Launches and Partnerships]

▪️ Policybazaar partners with Whilter.AI to drive higher engagement

▪️ TiE Bangalore partners with Aerospace India Association for startup promotion

[Financial result this week]

▪️ Curefoods posts Rs 746 Cr revenue in FY25, dessert-led income grows 95%

▪️ Virtual spiritual app Vama doubles its revenue in FY25

[News flash this week]

▪️ Meesho files confidential DRHP to raise $500 Mn in primary capital

▪️ Govt revises  ride-hailing rules: 2X surge cap, cancellation fee, and push for bike taxis

▪️ Indian startups raise $6.7 Bn in H1 amid IPO buzz: Entrackr Report

▪️ Flipkart-backed Shadowfax files confidential DRHP with SEBI

▪️ TVS leads EV 2W sales in June, Ola Electric slips further as Bajaj holds second spot

▪️ UPI records marginal dip in June with 18.4 Bn transactions

▪️ Think360.ai, a CAMS company, has been featured in the prestigious 2025 AIFinTech100 list by FinTech Global

[Summary]

On a weekly basis, startup funding declined marginally  by 7% to $290.28 million as compared to around $312.69 million raised during the previous week.

A couple of startups, Meesho and logistics startup Shadowfax has filed their DRHPs with Securities and Exchange Board of India (SEBI) via the confidential route.

According to data compiled by TheKredible, Indian startups raised approximately $6.72 billion in funding during the first half of 2025. This amount included 148 growth and late-stage deals totaling $5.15 billion, along with 404 early-stage deals worth $1.57 billion. Additionally, there were 74 undisclosed deals during this period.

After becoming the market leader in May, TVS Motor Company strengthened its position in India’s electric two-wheeler (E2W) segment in June 2025 by selling 25,274 units, an 80% year-on-year growth. As per Vahan data compiled on July 1, the company now commands a 24% market share and has retained the top spot for the third straight month.

UPI transactions dipped slightly in June 2025 after a record high in May. NPCI data shows 18.40 billion transactions worth Rs 24.04 lakh crore were processed in June, down from 18.68 billion transactions worth Rs 25.14 lakh crore in May.

Think360.ai, a CAMS company and a leading AI-powered credit risk and data analytics firm, has been featured in the prestigious 2025 AIFinTech100 list by FinTech Global. This recognition highlights India’s Think360.ai as one of the world’s most innovative companies driving AI technologies in financial services.