Top Funding Wrap of the Week – 09 June – 13 June 2025

Indian startups raised capital to expand and become more successful. Here is this week’s Top Indian Startups Funding Roundup – 09 June  – 13 June 2025.

The Top Indian Startups Funding Roundup of This Week

groww

IPO-bound wealthtech startup groww has closed a Series F funding round, raising $200 million at a valuation of $7 billion. New investor GIC (Singapore) and existing backer ICONIQ Capital, also participated in this round. 

CRED

Fintech unicorn Cred has raised Rs 617 crore (about $72 million) in a down round led by Singapore sovereign wealth fund GIC’s Lathe Investment. 

FlexiLoans

Flexiloans, an MSME-focused digital lending NBFC, has raised Rs 375 crore in its Series C funding round led by existing backers Fundamentum, Accion Digital Transformation, Nuveen and Maj Invest.

Knest

Knest, a construction technology firm has raised Rs 300 crore in funding from Growth-stage private equity firm Lighthouse Funds. The new funding will be used to speed up R&D, grow manufacturing capacity, and support backward integration within the company.

spinny 

Used car platform spinny has raised $30 million (around INR 256 Cr) in its ongoing Series F funding round from WestBridge Capital. With this funding, the startup has completed its Series F round, raising $170 million through a mix of new and existing share sales.

Sanlayan

Sanlayan Technologies, an aerospace and defence startup, has secured Rs 186 crore in a Series A funding round. The funding round was led by marquee investors Ashish Kacholia, Lashit Sanghvi, and Jungle Ventures, with participation from existing investors Gemba Capital, Singularity Ventures, and new investor Shastra VC.

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Vecmocon Technologies

Deep-tech startup Vecmocon Technologies on Monday said it has raised over $18 million (about Rs 153 crore) in Series A funding round.The funding round was led by sustainability focused venture capital fund EIF with participation from Aavishkaar Capital and BII, UK's development finance institution as well as existing investor Blume Ventures.

Wow! Momo

Wow! Momo Foods, a quick-service restaurant (QSR) company has raised Rs 85 Cr (around $9.9 Mn) in debt from Stride Ventures. Wow! Momo, along with its brands Wow! China, Wow! Chicken, and Wow! Kulfi, aims to create a strong network of Indian brands in the quick-service restaurant (QSR) industry. 

PowerUp Money

Wealthtech startup PowerUp Money has raised $7.1 million in its first major institutional funding round, led by early-stage investors Accel. The round also saw participation from Blume Ventures, Kae Capital, 8i Ventures and DeVC.

Piston

Digital payment startup Piston, raised $6.1 million in seed funding led by Spark Capital, with additional backing from Pear VC and BOND. With this round, Piston’s total funding has reached $7.5 million, which includes a $1.4 million pre-seed round raised earlier through the PearX accelerator.

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