From CRED To Square Yards — Indian Startups Raised $1.1 Bn This Week
With CRED alone accounting for over $900 Mn, fintech dominated the funding charts this week as the sector raised $902 Mn across two deals
Seed-stage funding came in at $35.3 Mn across four deals this week, skewed heavily by Hang Ten’s $32 Mn raise. Barring this, early-stage activity remained muted at $3.3 Mn across three deals
Bessemer Venture Partners was the most active investor of the week, backing three startups, namely Square Yards, AllHome, and Mitigata
Indian startups cumulatively raised more than $1.1 Bn across 16 deals between June 21 and June 26, a massive 2.5X jump from the $426 Mn secured across 19 deals last week.
The sizable uptick came primarily on the back of CRED’s $900 Mn Series H fundraise — the largest single funding deal of the year.
The week also saw Square Yards emerge as the 131st Indian unicorn, propelling real estate sector in the top of the funding charts of the week
Funding Galore: Indian Startup Funding Of The Week (Jun 21 – Jun 26)
| Date | Name | Sector | Subsector | Business Model | Funding Round Size | Funding Round Type | Investors | Lead Investor |
| 22 Jun 2026 | CRED | Fintech | Banking | B2C | $900 Mn* | Series H | Meta | Meta |
| 23 Jun 2026 | Square Yards | Real Estate Tech | Property Listing & Discovery | B2B | $95 Mn | – | EAAA Alternatives, Muzinich & Co | EAAA Alternatives |
| 25 Jun 2026 | Hang Ten Systems | AI | Application Layer | B2B | $32 Mn | Seed | Mayfield Ventures, Aramco Ventures | Mayfield Ventures |
| 21 Jun 2026 | Recycle | Clean Tech | Climate Tech | B2B | $23 Mn* | – | Ajay Parekh (Pidilite), Biological E Ltd, 360 ONE, Trinity Combine, Strat Ventures | – |
| 26 Jun 2026 | AllHome | Real Estate Tech | Real Estate Services | B2C | $21.2 Mn | Series B | Bessemer Venture Partners, Stride Ventures | Bessemer Venture Partners |
| 25 Jun 2026 | JustAI | AI | Application Layer | B2B | $17 Mn | Series A | Base10, Y Combinator, Peak XV Partners, Dharmesh Shah (HubSpot) | Base10 |
| 23 Jun 2026 | Mitigated | Enterprise Tech | Horizontal SaaS | B2B | $15 Mn | Series B | Bessemer Venture Partners, Nexus Venture Partners, Titan Capital, WEH Ventures | Bessemer Venture Partners |
| 25 Jun 2026 | SuperLiving | Health Tech | Fitness & Wellness | B2C | $7 Mn | Series A | Lightspeed, Kae Capital, All In Capital | Lightspeed |
| 24 Jun 2026 | SaffronStays | Travel Tech | Booking Services | B2C | $3.5 Mn* | – | Infinity Ventures, Sixth Sense Ventures | Infinity Ventures |
| 24 Jun 2026 | QOSMIC | Advanced Hardware & Technology | Space Tech | B2B, B2G | $3.3 Mn | Seed | Accel, Prosus, South Park Commons, ARTPARK, Manish Jain (Angel Investor) | Accel, Prosus |
| 26 Jun 2026 | Alien child | Foodtech | QSR | B2C | $3.2 Mn | Pre-Series A | Prakash Sikaria (super.money), Ravi Iyer (Flipkart), Arpan Sheth (Bain & Company) | Prakash Sikaria |
| 24 Jun 2026 | Ikin Global | Advanced Hardware & Technology | Internet Of Things (IoT) & Hardware | B2B | $2 Mn | Pre-Series A | Unicorn India Ventures, Callapina Capital, AWE Funds | Unicorn India Ventures, Callapina Capital, AWE Funds |
| 26 Jun 2026 | Finnovate Financial Services | Fintech | Investment Tech | B2B | $2 Mn | – | – | – |
| 23 Jun 2026 | Unnati Agri | Agritech | Farmtech | B2B | $1.8 Mn | Debt | Recur Club | Recur Club |
| 23 Jun 2026 | Sherlocks AI | AI | Application Layer | B2B | $795K | Pre-Seed | SenseAI Ventures, Uppekha | SenseAI Ventures |
| 23 Jun 2026 | BharatTender | Ecommerce | Vertical Marketplace | B2B | $132K | Pre-Seed | – | – |
Source: Inc42
*Mix of primary and secondary transactions
Key Startup Funding Highlights Of The Week
- With CRED alone accounting for over $900 Mn, fintech dominated the funding charts this week, with the sector raising $902 Mn across two deals.
- Real estate tech emerged as the second most funded sector this week, with Square Yards’ unicorn-making $95 Mn round and AllHome’s Series B round together drawing $116.2 Mn into the segment.
- Bessemer Venture Partners was the most active investor of the week, backing three startups — Square Yards, AllHome, and Mitigata.
- The week also produced two notable India-linked global deals: Hang Ten Systems, the enterprise AI venture of former Infosys CEO Vishal Sikka, raised a $32 Mn seed round from Mayfield and Aramco Ventures; and JustAI, an AI-native marketing platform backed by Peak XV and Y Combinator, raised $17 Mn in a Series A from Base10.
- Seed-stage funding came in at $35.3 Mn across four deals this week, skewed heavily by Hang Ten’s $32 Mn raise. Excluding it, early-stage activity was comparatively muted at $3.3 Mn across three deals.
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