Daily Indian Funding Roundup & Key News - June 26, 2026: PharmEasy Co-Founders' AllHome Raises Rs 200 Cr at Rs 2,000 Cr Valuation, Apple Hikes iPad and MacBook Prices in India
Here's your daily funding and key business news roundup for June 26, 2026: Thursday saw the week's biggest deal as home improvement startup AllHome, founded by PharmEasy co-founders, raised Rs 200 crore in a Bessemer-led Series B at a Rs 2,000 crore valuation.
On the business front, Apple hiked prices of MacBooks, iPads, and HomePods in India by 14% to 88% amid a global memory and storage cost surge driven by AI data centre demand, Foxconn invested $37.2 million in its Indian subsidiary, and the Delhi High Court directed Meesho to delist products infringing Jockey's trademark within 36 hours.
Daily Indian Startup Funding Digest - 26 June 2026
| Startup | Sector | Funding | Round | Lead Investor |
|---|---|---|---|---|
| AllHome | Home Improvement / House of Brands | Rs 200 Cr (~$21 Mn) | Series B | Bessemer Venture Partners |
| Alienkind | QSR / Cafe Chain | $3.2 Mn (~Rs 30 Cr) | Pre-Series A | Existing Investors |
| Finnovate | Wealthtech / Financial Planning | $2 Mn (~Rs 19 Cr) | Pre-Series A | Angel Investors |
AllHome Raises Rs 200 Crore at Rs 2,000 Crore Valuation
Home improvement startup AllHome has raised Rs 200 crore in a Series B led by Bessemer Venture Partners, with participation from Strides and several family offices, at a valuation of Rs 2,000 crore. Founded in June 2025 by PharmEasy co-founders Dharmil Sheth, Dhaval Shah, and Hardik Dedhia, the company later added Siddharth Shah as a co-founder.
AllHome operates a house of brands platform across surfaces, hardware, bathware, facades, windows, and lighting. Within 12 months of launch, the company claims an ARR of over Rs 400 crore and EBITDA margins of 18 to 20%. The fresh capital will expand experience centres and strengthen its technology platform.
Alienkind Raises $3.2 Million in Pre-Series A Round
Gen Z-focused cafe chain Alienkind has raised $3.2 million in a pre-Series A from existing investors including Super.Money founder Prakash Sikaria, Flipkart SVP Ravi Iyer, and Bain's global head of innovation Arpan Sheth. Founded in 2024 by Vikram Kakkireni and Abhishek Kumar, the brand runs eight outlets across Bengaluru and Delhi, offering a sci-fi-inspired menu of superfood beverages, layered fruit drinks, burgers, and sandwiches.
Alienkind is targeting $10 million ARR by end of FY27 and plans to scale to 100 stores by FY28. Funds will go toward new market expansion and its next phase of growth.
Finnovate Raises $2 Million in Pre-Series A from Angel Investors
Finnovate Financial Services, a financial planning platform, has raised approximately $2 million in a pre-Series A from angel investors including Ramakant Deshpande and others. Co-founded by Nehal Mota and Naveen Singh, the firm recently received a Portfolio Management Services licence and is launching a Multi Asset PMS Strategy.
The raise follows a $1 million round in 2023. Proceeds will scale operations, enhance the mobile application, and expand business development. The company aims to help professionals achieve financial goals through structured, disciplined investing as India's wealth management sector continues to grow.
Muskaan Kapoor
Key Business News for 26 June 2026
Apple Hikes iPad and MacBook Prices in India by Up to 88%
Apple has raised prices of MacBooks, iPads, Apple TV, and HomePod devices in India by 14% to 88%, citing unprecedented memory and storage cost inflation driven by AI data centre demand. The entry-level MacBook now costs Rs 79,900 (up from Rs 69,900), and the MacBook Pro 14-inch has jumped to Rs 2.39 lakh from Rs 1.69 lakh. iPad prices rose by Rs 15,000 to Rs 70,000 depending on model.
Apple TV 4K variants now start at Rs 25,900, up from Rs 14,900. iPhones have so far been spared. Apple stock fell over 6% on the announcement. Microsoft has also raised Xbox prices by $100 to $150 for similar reasons.
Foxconn Invests $37.2 Million in India Subsidiary
iPhone manufacturer Foxconn has invested $37.2 million into its Indian subsidiary, continuing to deepen its manufacturing commitment in India. The move reinforces Foxconn's strategy to expand India as a key production hub for Apple devices, alongside its existing facilities in Tamil Nadu and Karnataka.
India has emerged as a critical alternative to China for Apple's supply chain, with the country now manufacturing a growing share of iPhones sold globally. The investment comes as Apple scales up India retail operations and reports double-digit Mac and iPad revenue growth in the country.
Delhi High Court Orders Meesho to Delist Jockey Trademark Infringers
The Delhi High Court has passed an interim order directing Meesho to take down listings of products deceptively similar to Jockey-branded apparel within 36 hours of receiving the order. Justice Jyoti Singh, in the May 29 order, found a prima facie case of trademark infringement, with copycat products sold under names including JOYKE, JOYEBEE, JOYESS, and JOJOKE.
The court also directed Meesho to furnish KYC details, transaction records, and IP logs of the infringing sellers within four weeks. Jockey had approached the court after Meesho refused to delist the products without a court order. The matter is next listed for September 24.
