Daily Indian Funding Roundup – June 3, 2025

The funding space witnessed another active day as companies across finance, wellness, energy, and tech revealed major investments and capital raises. Here’s a breakdown of the most noteworthy funding updates from 3rd June 2025:

Stable Money Raises $20 Million in Series B Round

Stable Money, a fintech platform enabling fixed-income investment access for retail users, has secured $20 million in its Series B funding round. The investment was led by Fundamentum Partnership, co-founded by Nandan Nilekani. This fresh capital will be directed towards enhancing product capabilities, scaling operations, and expanding customer acquisition efforts.

Adani Energy Solutions Approves INR 4,300 Crore QIP Share Sale

Adani Energy Solutions Ltd. (AESL) has received board approval to raise INR 4,3oo crore ($502 million) via a Qualified Institutional Placement (QIP). The capital will bolster AESL’s infrastructure development and clean energy transition projects. This funding move aligns with the company’s expansion blueprint within India’s energy sector.

Gully Labs Raises Rs 8.7 Crore in Seed Funding Led by Zeropearl VC

Gully Labs, India’s homegrown sneaker brand known for blending cultural storytelling with premium craftsmanship, has raised INR 8.7 crore in its seed round, comprising INR 7.6 crore in equity and INR 1.1 crore in venture debt. The company had earlier secured INR 1.1 crore in equity during its pre-seed round in 2024. The fresh capital will be deployed towards diversifying the product mix, expanding sales channels, and opening physical retail stores.

Gully Labs Raises INR 8.7 Cr Seed Round Led by Zeropearl VC

Gully Labs, India’s culturally inspired sneaker brand, secured INR 8.7 crore in seed funding led by Zeropearl VC. The capital will be used to diversify products, grow sales channels, and open retail stores.

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GyanDhan Secures INR 50 Crore in Series A Funding

GyanDhan, an education financing platform, has secured INR 50 crore in its Series A funding round from edtech leader Classplus and venture capital firm Pravega Ventures. The funds will help GyanDhan strengthen its tech infrastructure and expand its education loan offerings for Indian students pursuing studies abroad.

Upurfit Welcomes Jonty Rhodes as Investor and Brand Ambassador

In a blend of sport and wellness, South African cricket legend Jonty Rhodes has joined Indian sports wellness brand Upurfit as both investor and brand ambassador. The partnership aims to amplify the brand’s presence and promote fitness and recovery among athletes and enthusiasts.

From billion-dollar funds to seed-stage innovations, today’s funding updates reflect a vibrant ecosystem all set to scale. Stay tuned for more developments in tomorrow’s roundup.

Check out our Indian Startups Funding and Investors Data for 2025, updated weekly.

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. Here’s a quick roundup of the major funding developments:

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