Indian startup funding surged to $432 million across 23 companies during the third week of June 2026, marking a sharp recovery from the previous week's $255.9 million tally.
The week’s volume was dominated by Bengaluru-based Sarvam AI, which raised $234 million in the first close of its Series B round.
The transaction, anchored by HCLTech, propelled the generative AI platform to a $1.5 billion post-money valuation, making it India’s newest unicorn.
Beyond software, venture capital flowed heavily into complex physical operations.
Residential rooftop solar platform SolarSquare secured $53 million in a Series C round led by B Capital.
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