This week in Indian startups: 15 June 2026 to 21 June 2026
By Abha Lohia
The five stories that mattered, then every other round of the week.
The five that mattered
- HCLTech leads $234M Series B in Sarvam AI
Sarvam AI is an India-based sovereign AI company building frontier models for text, speech, vision and document
- FirstClub raises $55M in Series B funding
FirstClub is a quick commerce startup focused on quality products
- SolarSquare raises $53 million in Series C funding
SolarSquare designs and installs residential rooftop solar systems with performance guarantees
- Razorpay confidentially files for IPO
Razorpay filed draft IPO papers confidentially with the market regulator SEBI in June 2026, according to a source
- Turtlemint lists on BSE NSE after IPO raises ₹660.7 Cr
Turtlemint sells car bike health and term insurance through advisors and embedded APIs
Every other round
- Foodstories raises ₹50 crore from Nikhil Kamath to expand India's premium food lifestyle platform Foodstories: premium food lifestyle platform More on Foodstories
- Maya Research raises $1.9M seed round Maya Research: Voice interface for conversational technology
- AutoVRse raises $2.4 million for VR training platform AutoVRse: AI-powered VR training for industries More on AutoVRse
- Contrails AI raises $1M pre-seed for deepfake detection Contrails AI: AI-powered deepfake detection infrastructure More on Contrails AI
- Riverline AI raises INR 7cr pre-seed round Riverline AI: AI credit companion for borrowers
- Troovy raises up to ₹200 crore in Series B led by ADIA Troovy: Clean-label food brand for kids More on Troovy
- ContraVault AI raises $3.1M Pre-Series A ContraVault AI: Procurement intelligence platform for infrastructure More on ContraVault AI
- TruNativ raises $30m in Series B led by OrbiMed TruNativ: Health and wellness nutrition brand More on TruNativ
- Crest raises $3.1 million in pre-seed funding round Crest: Family office and wealth management services
- Speedioo raises ₹10 crore seed funding led by Atomic Capital Speedioo: used two-wheeler platform
- TrackerSuite.AI raises INR 6 crore pre-Series A TrackerSuite.AI: AI-powered business automation for SMEs More on TrackerSuite.AI
- Gimi Michi raises $1 million seed funding Gimi Michi: Korean FMCG brand More on Gimi Michi
- Aquapulse raises ₹45 Cr for shrimp farming expansion Aquapulse: Shrimp farming and export platform More on Aquapulse
- Lissun raises Rs 2.77 crore from existing investors Lissun: Tech-enabled mental health platform More on Lissun
- Xtovia raises ₹6.9 crore pre-seed round Xtovia: Premium science-led haircare brand More on Xtovia
- INFLUISH raises pre-seed funding at ₹25 crore valuation INFLUISH: creator platform More on INFLUISH
- Pramaana Labs raises $27M seed round Pramaana Labs: Verifiable AI for regulated sectors More on Pramaana Labs
- Astrikos raises undisclosed pre-series A funding Astrikos: Deep-tech infrastructure operations platform More on Astrikos
- Vetic raises $40 million led by Bessemer Vetic: Integrated pet healthcare platform More on Vetic
- Rusk Media raises ₹100 Cr pre-Series C round Rusk Media: Digital content for Gen Z More on Rusk Media
- Tringbox raises ₹5 crore seed funding Tringbox: AI-powered in-store music intelligence platform
- Karo Sambhav raises ₹56 crore in Pre-Series A Karo Sambhav: E-waste recycling and EPR services
- EMO Energy raises Rs 59 crore in pre-Series B EMO Energy: AI-powered battery systems for EVs More on EMO Energy
- Recykal raises $23 Mn bridge round Recykal: Digitises waste management and recycling More on Recykal