Daily Indian Funding Roundup – June 2, 2025

India’s startup ecosystem continues to show resilience and growth as several startups raised significant funding on 2 June 2025. From fintech to fashion, here’s a quick roundup of the major funding developments:

Udaan Raises $114 Million at $1.8 Billion Valuation

B2B e-commerce giant Udaan has secured $114 million in a flat round, maintaining its $1.8 billion valuation. This funding will help Udaan strengthen its supply chain infrastructure and focus on core business operations. The round reflects investor confidence in Udaan’s long-term business model despite a highly competitive sector.

Snitch Raises $40 Million in Series B Round

Direct-to-consumer (D2C) fashion brand Snitch secured $40 million in its Series B round, signalling strong investor interest in the fashion-tech space. The funding will accelerate product development, tech integration, and omnichannel expansion, allowing Snitch to capture more of the urban menswear market.

Spense Raises $1.85 Million in Series B Round

Bengaluru-based fintech startup Spense raised $1.85 million in its Series B funding round. The fresh capital is expected to fuel product innovation, technology development, and market expansion. With financial inclusion as a central goal, Spense is well-positioned to scale its offerings across Tier 2 and Tier 3 cities.

Pepperfry Secures INR 43.3 Crore to Boost Growth

Online furniture marketplace Pepperfry has reportedly raised INR 43.3 crore to accelerate growth and expand its offline studio footprint. This investment aims to strengthen its omnichannel strategy and deepen its presence in key urban and semi-urban markets.

Samunnati Raises INR 50 Crore for Agri-Financing Expansion

Agri-financing company, Samunnati, secured INR 50 crore to enhance its credit solutions for farmer collectives and agri-enterprises. The funding will be used to strengthen its digital platform and support sustainable agriculture models.

Indian startups are gaining momentum across verticals. Stay tuned to StartupTalky for more daily updates on startup funding, industry movements, and emerging trends.

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