From CRED To Square Yards — Indian Startups Raised $1.1 Bn This Week

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	Recykal	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	Mitigata	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	Alienkind	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.

Startup M&A Updates This Week

• AI and analytics firm Tredence acquired US-based KMK Consulting to deepen its healthcare and life sciences data analytics capabilities amid rising enterprise AI adoption.
• Mamaearth parent Honasa Consumer said that it was acquiring a majority stake in nutraceuticals company Fluence Pharma for ₹135 Cr to strengthen its presence in the wellness and nutrition segment.
• Customer engagement platform MoEngage acquired US-based AI startup Aampe in an all-cash deal to expand its agentic marketing capabilities and AI-powered customer engagement offerings.
• EXL signed a definitive agreement to acquire AI data company iMerit in a deal worth up to $310 Mn.

Startup IPO Updates This Week

• Insurtech startup Turtlemint’s ₹883 Cr IPO closed with an overall subscription of 1.2X, driven by strong demand from QIBs. The company is slated to list on the bourses on June 29.
• EV logistics startup Zypp Electric is preparing for a public market debut, targeting a $200 Mn IPO over the next 18-24 months with plans to list in FY28.

Other Developments Of The Week

• Home loan marketplace Ambak is in advanced discussions to raise about ₹80 Cr in a fresh funding round to expand its distribution network and strengthen its technology platform.

The post From CRED To Square Yards — Indian Startups Raised $1.1 Bn This Week appeared first on Inc42 Media.

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