June 7, 2025: Indian startup funding recorded a total of $134.4 million across 16 deals between June 2 and June 7, marking a 45% rise from the previous week’s $92.9 million. Most of the capital this week was directed at ecommerce and fintech companies, showing where investor confidence remains firm.
Udaan, a B2B ecommerce platform, was the biggest story of the week. It completed its Series G round with $114 million, the bulk of this week’s funding total. The startup had earlier received $75 million in February as part of the same round. In another major ecommerce deal, menswear brand Snitch raised $40 million in its Series B round.
Together, ecommerce startups raised $90.7 million across eight deals, leading the sector-wise funding charts. Fintech was the second most active, with five startups collectively bringing in $39.8 million.
360One Asset stood out as the most active investor of the week. It backed both Snitch and hot sauce brand Naagin, which secured $2.1 million in fresh capital. This level of involvement underlines 360One’s growing footprint in India’s startup ecosystem.
Early-stage funding also showed a positive sign. Seven seed-stage startups raised $7.7 million, up from $3.2 million last week, indicating stronger investor appetite at the entry level.
Indian Startups Funding Performance in June: IPO and Investment Activity Picks Up
Meanwhile, the IPO scene remained busy. Lenskart, preparing for its public listing, has officially converted into a public entity. It’s reportedly aiming to raise $1 billion via its IPO. Moneyview, which recently achieved unicorn status, has also moved towards a public structure as it eyes a $400 million IPO.
Capillary Technologies got board approval to raise INR 2,250 crore (about $270 million) through an IPO, and Aequs, a manufacturing firm, confidentially filed for a $200 million listing.
On the venture capital front, HealthKois, a healthcare-focused VC firm, launched a new $300 million fund, aimed at early and growth-stage startups. Caret Capital also hit the first close of its second VC fund at INR 160 crore.
Shining Startups of the week
- Groww is expected to raise $202.3 million in its Series F round, with participation from GIC and ICONIQ Capital.
- Nazara Technologies completed the acquisition of Smaaash for INR 126 crore.
- Zaggle plans to buy Dice Enterprises for INR 123 crore.
- Pepperfry will raise $5 million from existing investors for growth and expansion.
On the flip side, quick-commerce firm Zepto has reportedly delayed its IPO plans to 2026 due to high operational costs.
Outlook for Indian Startup Funding Ecosystem
The first week of June highlights a cautiously optimistic environment for Indian startups funding. While deal volume and capital flow remain steady, big-ticket investments are still concentrated in a few key sectors. Ecommerce and fintech continue to dominate investor attention, while early-stage and IPO activity shows encouraging momentum.
Despite challenges in the global funding landscape, India’s startup funding story remains in motion, with some clear winners leading the way.
