Indian Startup News: The first week of June 2025 has been eventful for Indian startups. With rising investments, product innovations, and strategic moves, sectors like fintech, e-commerce, and healthtech are leading the charge.
Funding & Investment Highlights – Indian Startup News
Startups raised $134.4M to $216.19M across 16–21 deals, showcasing strong investor confidence.
Funding Alerts
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Udaan – a B2B e-commerce platform connecting retailers with manufacturers – raised an additional $39M, closing its Series G at $114M.
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Snitch, a direct-to-consumer men’s fashion brand, secured $40M Series B to fuel expansion and boost branding.
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Stable Money, which offers fixed-income investment options for retail investors, raised $20M Series B led by Fundamentum Partnership.
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LoanTap, a digital lender offering customized loan products, raised $8.6M Pre-Series C to grow its tech and portfolio.
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GyanDhan, an ed-fintech helping students get loans for overseas education, secured $5.8M Series A to expand support for study-abroad aspirants.
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Plush, a personal care and hygiene brand, bagged $4.7M to scale its product offerings.
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Biopeak, a healthtech startup likely working in biotech or diagnostics, raised $3.5M Seed for R&D and market entry.
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Decentro, a B2B API platform enabling businesses to offer banking services, raised $3.5M Series B to simplify financial integrations.
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True Diamond, likely in the luxury or jewelry space, raised $3M for brand and market expansion.
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Naagin, a bold Indian hot sauce and food brand, secured $2.1M to expand its spicy product line.
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Spense, an early-stage stealth startup, raised $1.9M Pre-Seed for initial product development and growth.
New Funds & Capital Vehicles
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HealthKois, a healthcare VC firm, launched a $300M fund (+$100M green shoe) to back early-to-growth stage startups in healthtech.
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Caret Capital completed the first close of its ₹400 crore (~$48M) second fund, focusing on agritech and foodtech innovations.
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Inflexor Ventures is eyeing the first close of its $150M Fund III by Q2 FY26 to support deep-tech and SaaS startups.
Acquisitions & Strategic Moves within Indian Startups
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PhonePe, a major digital payments platform, acquired GSPay IP from GupShup to enable UPI on feature phones, expanding rural digital adoption.
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Jumbotail, a B2B marketplace for kirana stores, received CCI approval to acquire Solv India, strengthening its retail supply chain.
New Product Launches & Innovations
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Tracky, a healthtech company, launched India’s first Bluetooth-enabled Continuous Glucose Monitor (CGM) for better diabetes management.
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Earthful, a clean nutrition startup, debuted its 100% plant-based supplement range for health-conscious consumers.
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Sudathi, a Surat-based ethnic wear brand, became the first saree brand on Blinkit and Swiggy Instamart, entering quick commerce.
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BimaPay Finsure, a fintech innovator, introduced EMI options for corporate insurance premiums, easing financial strain for businesses.
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Refrens, a freelancer-focused SaaS platform, launched FREYA – an AI-powered accounting agent to automate financial tasks.
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MiStay, known for flexible hotel bookings, partnered with HyperGuest to expand hourly booking distribution, giving travelers more control.
Regulatory & Business Milestones
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Flipkart received an NBFC license from the RBI, enabling it to offer loans directly to users and sellers.
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Kuhoo Finance, a student loan startup, also got RBI approval to operate as an NBFC.
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Lenskart, the eyewear giant, converted into a public company ahead of its $1B IPO.
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Moneyview, which provides personal loans and credit lines, also converted into a public company for its $400M IPO.
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Capillary Technologies, a customer engagement SaaS firm, got board approval for a ₹2,250 crore (~$265M) IPO.
Must Read: Vijay Mallya Podcast Confession: 5 Business Red Flags Every Entrepreneur Should Never Ignore
Cybersecurity Spotlight
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KiranaPro, a tech-driven grocery supply chain platform, faced a cyberattack just before a fundraise, temporarily pausing operations and highlighting digital security risks.
Women Founders Rise
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Prosus FoundHER Challenge concluded with $100K equity-free grants to four women-led startups, promoting gender diversity and innovation.
Startup Incubation Update
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Afthonia Labs, a fintech-focused incubator, announced seven startups in its 2025 cohort, emphasizing green finance and cybersecurity innovations.
The first week of June 2025 has demonstrated the maturity, resilience, and innovation within India’s startup ecosystem. With record funding, regulatory wins, and exciting product launches, the momentum is clear: India’s startups are ready for global impact.
