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 | Do 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 | Chirata Ventures |
| 15 Jun 2026 | AutoVRs | 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 | India Quotient |
| 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 | India Quotient |
| 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 | INFLUENCE | 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.
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