Snitch and Battery Smart Lead India’s Startup Funding Boom: Key Trends from June 2025

Startup Funding

Indian startups raised ₹894 Cr in early June 2025, led by fashion tech and EV infra, signaling investor confidence and sectoral diversity in the ecosystem.

Indian startups are off to a strong start in June 2025, with funding momentum driven by sectoral variety, major deals, and rising regional players.

Funding Snapshot: June’s Impressive Start

In the first week of June 2025, Indian startups collectively raised ₹894 crore across 17 deals, reflecting robust investor confidence and a healthy appetite for innovation

While the overall deal count remained moderate, the average ticket size was notably high, thanks to two standout Series B deals.

Top Deals Making Headlines

  • Snitch (Fashion Tech, Bangalore):
    The direct-to-consumer (D2C) menswear brand Snitch secured the largest deal of the week, raising ₹341.5 crore in a Series B round led by 360 ONE (IIFL Asset Management), IvyCap Ventures, SWC Global, and the Ravi Modi Family Office.
  • Snitch’s rapid growth and appeal among urban youth have positioned it as a major player in India’s fashion tech scene.

Battery Smart (EV Infra, New Delhi):
Battery Smart, specializing in battery swapping infrastructure for electric vehicles, raised ₹247.6 crore in Series B funding.

The round saw participation from global climate-focused investors such as LeapFrog Investments, responsAbility, and the Ecosystem Integrity Fund

As India accelerates its EV adoption, Battery Smart’s infrastructure-first approach is attracting significant capital and strategic partnerships.

LoanTap (Fintech Lending, Mumbai):
Digital lender LoanTap raised ₹53.2 crore in a Pre-Series C round, with backing from 3One4 Capital,

Avaana, and several family offices. The company’s focus on customized loan products and regulatory compliance continues to attract growth-stage investments.

Sectoral Highlights: Where the Money Is Flowing

  • Fashion Tech: D2C brands like Snitch are riding the wave of changing consumer preferences, leveraging digital platforms to reach India’s urban youth.
  • Electric Vehicles: Battery Smart’s success highlights the ongoing push for EV adoption, with infrastructure and climate-focused solutions in the spotlight.
  • Fintech: Startups like LoanTap and Stable Money are innovating in digital lending and fixed-income investment options, catering to India’s growing financial needs

Regional and Early-Stage Momentum

Beyond the headline deals, early-stage startups are also making waves. Sectors such as ed-fintech (GyanDhan), personal care (Plush), and foodtech (Naagin) have attracted fresh funding, signaling a broad-based growth across verticals..

Early-Stage Standouts

  • GyanDhan: Raised ₹5.8 crore to support students seeking overseas education loans.
  • Plush: Secured ₹4.7 crore to expand its personal care and hygiene offerings.
  • Naagin: Bagged ₹2.1 crore to spice up India’s foodtech market with bold flavors.

Investor Trends: Depth and Diversity

The week’s deals reflect a deepening investor pool, with both domestic and international funds participating. Family offices, venture capitalists, and climate-focused investors are all betting on India’s next wave of growth stories..

What’s Driving the Funding Surge?

  • Digital Transformation: Startups are leveraging technology to disrupt traditional sectors, from fashion to finance.
  • Government Support: Initiatives like Startup India and Atal Innovation Mission continue to foster a favorable environment for entrepreneurs.
  • Global Interest: International funds are increasingly eyeing India as a hub for innovation, especially in sectors like EV and fintech.

Outlook: What’s Next for Indian Startups?

With strong funding momentum, sectoral diversity, and rising regional players, India’s startup ecosystem is poised for continued growth in 2025. Watch for more big-ticket deals, innovative solutions, and success stories as the year unfolds.

Are you an Entrepreneur or Startup?
Do you have a Success Story to Share?
SugerMint would like to share your success story.
We cover entrepreneur Stories, Startup News, Women entrepreneur stories, and Startup stories

Read more Business News at SugerMint. Follow us on Twitter, Instagram, Facebook, LinkedIn