Weekly Highlights of Significant Startup Financings: Major Investments, Key Players, and Growing Sector Interests (June 28 - July 04)
In the bustling startup landscape of India, various sectors are witnessing significant investment activity, with B2B marketplaces, climate-tech innovations, agritech solutions, and consumer-focused ventures leading the charge.
Kicking off this funding frenzy is Jumbotail, a Bengaluru-based B2B online marketplace that aims to revolutionise food and grocery retail for India's kirana stores. The company, founded in 2015 by S Karthik Venkateswaran and Ashish Jhina, recently secured a substantial $120 million in funding from SC Ventures and Artal Asia. Jumbotail's platform offers digital ordering, warehousing, logistics, fintech solutions, and a modern retail network called J24, all designed to help small retailers compete with larger chains.
Another notable player in the B2B space is Aukera, founded in 2023 by Lisa Mukhedkar and Kumar Saurabh. Based out of Bengaluru, Aukera caters to modern consumers seeking sustainable and ethical luxury with a range of jewellery. The company has secured $15 Million in funding and operates 13 company-owned stores in metro cities.
The sustainability-focused startup Bambrew, founded in 2019 by Vaibhav Anant, has also raised $10.3 Million in funding. Based in Bengaluru, Bambrew serves multiple industries, helping businesses reduce plastic dependency with compostable packaging made from bamboo fiber, agro-waste, and recycled paper.
Moving beyond B2B, the consumer sector has also seen vibrant funding activity. For instance, leading consumer goods company HUL made a significant $350 million acquisition of the direct-to-consumer skincare brand Minimalist in H1 2025.
Climate-tech and agritech startups have also received attention, although specific startups with recent funding were not individually detailed in the sources. The week ending July 4, 2025, saw Indian startups in these sectors secure funding, indicating active investor interest.
One such startup is Eggoz, a tech-enabled egg farming company based in Gurugram. Founded by an undisclosed number of individuals, Eggoz has raised $20 million in funding from Gaja Capital, IvyCap Ventures, Rebright Partners, Avaana Capital, NABVENTURES, and others. The company focuses on producing and selling high-quality, nutritious eggs, and also offers egg-based products like burgers and nuggets.
In the realm of faith-tech, AppsForBharat, based in Bengaluru, is a leading spiritual engagement platform through digital tools. Their flagship app, Sri Mandir, allows users to engage in virtual pujas, send chadhava (offerings), receive prasad, and stream devotional content, bridging traditional faith practices with digital convenience.
Zango AI, a regulatory compliance platform, has also raised an undisclosed amount of funding in 2024. Founded by Ritesh Singhania and Shashank Agarwal, the company operates from Bengaluru and San Francisco.
Lastly, Eeki, an IoT-enabled, climate-controlled aeroponic farm company, has secured $7 Million in funding. Founded in 2018 by Abhay Singh and Amit Kumar, Eeki is based out of Kota.
In summary, despite an 11% overall decline in VC funding in H1 2025 partly due to fewer very large deals, Indian startups across B2B marketplaces, climate-tech, agritech, and consumer sectors have demonstrated robust funding activity, with key players like Jumbotail leading the rounds. Indian startups are poised to continue making strides in their respective sectors, contributing to the country's growing economy and technological advancements.
- Jumbotail, a B2B online marketplace, secured $120 million in funding from SC Ventures and Artal Asia, aiming to revolutionize food and grocery retail for India's kirana stores.
- Aukera, a Bengaluru-based startup catering to modern consumers seeking sustainable and ethical luxury, secured $15 Million in funding for their jewelry offerings.
- Bambrew, a sustainability-focused startup, raised $10.3 Million in funding, providing compostable packaging solutions to various industries.
- Minimalist, a direct-to-consumer skincare brand, was acquired by leading consumer goods company HUL for $350 million in H1 2025.
- Eggoz, a tech-enabled egg farming company, raised $20 million in funding for producing and selling high-quality, nutritious eggs, indicating ongoing funding activity in the agritech sector.
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