Daily Indian Funding Roundup & Key News - June 25, 2026: SuperLiving Raises $7 Mn, Pocket FM shuts Pocket TV, and More
Here's your daily funding and key business news roundup for June 25, 2026: Wednesday's deals were led by preventive healthcare platform SuperLiving closing a $7 million Series A from Lightspeed, and AI shopping assistant Zave raising Rs 4.7 crore in a bridge round from Inflection Point Ventures.
On the business front, the RBI issued final directives entitling digital fraud victims to compensation of up to Rs 25,000, Amazon announced an additional $1.3 billion investment in India for AI and cloud infrastructure, and Pocket FM shut down its microdrama vertical Pocket TV to double down on audio.
Daily Indian Startup Funding Digest - 25 June 2026
| Startup | Sector | Funding | Round | Lead Investor |
|---|---|---|---|---|
| SuperLiving | Preventive Health / Wellness AI | $7 Mn | Series A | Lightspeed |
| Zave | AI Shopping Assistant | Rs 4.7 Cr (~$550K) | Bridge | Inflection Point Ventures |
SuperLiving Raises $7 Million in Series A Led by Lightspeed
Bengaluru-based preventive lifestyle platform SuperLiving has raised $7 million in a Series A led by Lightspeed, with existing investors Kae Capital and All In Capital also participating. Co-founded in 2025 by Manavdeep Singh Grover and Gurjot Kaur, the platform covers nutrition, movement, sleep, stress, and daily habits through bite-sized courses, vernacular content, and a 24x7 AI companion.
Its proprietary memory layer learns from user interactions over time, enabling contextual recommendations that evolve alongside each user. SuperLiving claims 1.5 million app installs and 100,000+ paying users, with 73% of paying users from Tier 2 and Tier 3 cities. Proceeds will strengthen AI capabilities and accelerate user acquisition.
Zave Raises Rs 4.7 Crore Bridge Round Led by IPV
AI shopping assistant startup Zave has raised Rs 4.7 crore in a bridge round led by Inflection Point Ventures, with participation from Mucker Capital. Founded in late 2024 by Hiren Patel and Ravi Kumar, Zave helps consumers discover products, compare prices, and make purchase decisions across more than 5,000 brand websites and platforms, including Amazon and Flipkart.
The company has crossed 500,000 app installs and 50,000 daily active users, facilitating over Rs 15 crore in monthly transactions. It is currently growing at 50% month-on-month. Funds will strengthen AI infrastructure, improve scalability, and support continued growth.
Muskaan Kapoor
Key Business News for 25 June 2026
Amazon Announces Additional $1.3 Billion Investment in India for AI and Cloud
Amazon has announced an additional $1.3 billion investment in India, focused on expanding its AI and cloud infrastructure. The announcement brings its total committed investment in India to over $21 billion. The fresh capital will go toward expanding AWS data centre capacity, building out its AI infrastructure stack, and deepening investments in Indian AI talent and startups.
The move comes ahead of Prime Day in July and follows Amazon's recent rollout of an AI-powered Seller Assistant for 1.7 million Indian sellers. India remains one of Amazon's fastest-growing markets for AWS, with enterprise and government cloud adoption accelerating sharply.
RBI Issues Digital Fraud Compensation Rules: Victims to Get Up to Rs 25,000
The Reserve Bank of India has issued final directives entitling digital fraud victims to compensation of up to Rs 25,000, or 85% of the net loss amount, whichever is lower, once per lifetime. The framework covers customers who lose up to Rs 50,000 in unauthorised digital transactions. Compensation will be funded 65% by the RBI, 10% by the customer's bank, and 10% by the beneficiary bank.
The directives, effective from January 1, 2027, require victims to report fraud within five calendar days on the National Cyber Crime Reporting Portal. Banks must provide 24x7 support for complaint registration, and are now required to send instant SMS alerts for all electronic transactions above Rs 500. The framework has also been extended to cover sole proprietors, not just individual customers.
Pocket FM Shuts Pocket TV, Doubles Down on Audio
Audio entertainment platform Pocket FM has shut its microdrama vertical Pocket TV, which was launched as a beta product to explore the category but made no material contribution to the company's business. The company said the decision is part of its normal product evaluation process and that Pocket FM remains profitable and cash flow positive.
The shutdown comes even as India's microdrama segment is growing rapidly, with players including Kuku FM, JioHotstar's Tadka, and ShareChat expanding in the space. Pocket FM, which has raised $196 million from investors including Lightspeed, Stepstone Group, Tencent, and Times Internet, crossed $400 million in ARR in March 2026 and reported 68% revenue growth in FY25. Rival Kuku FM is currently eyeing an IPO at a valuation of up to Rs 15,000 crore.
