Daily Indian Funding Roundup & Key News - June 30, 2026: OYO Parent PRISM Files UDRHP for Rs 6,650 Cr IPO, Fibe Files DRHP for Rs 750 Cr IPO
Here's your daily funding and key business news roundup for June 30, 2026: Tuesday closed out the month with consumer and enterprise SaaS deals, as cookware brand The Indus Valley raised $17 million led by Gaja Capital and agentic AI platform Kapture CX closed a $10 million pre-Series B backed by Bajaj Finserv Ventures.
On the IPO front, OYO parent PRISM filed its UDRHP for a Rs 6,650 crore fresh-issue-only IPO, and digital lending platform Fibe filed its DRHP to raise Rs 750 crore as it eyes a public listing.
Daily Indian Startup Funding Digest - 30 June 2026
| Startup | Sector | Funding | Round | Lead Investor |
|---|---|---|---|---|
| The Indus Valley | Cookware / D2C | $17 Mn | Growth | Gaja Capital |
| Kapture CX | Enterprise Agentic AI / CX | $10 Mn | Pre-Series B | Bajaj Finserv Ventures |
| YoLearn.ai | Edtech / Voice AI Tutoring | $500K | Pre-Seed | DataAlpha.ai, White Swan Global |
The Indus Valley Raises $17 Million Led by Gaja Capital
Chennai-based toxin-free cookware brand The Indus Valley has raised $17 million led by Gaja Capital, with participation from existing investors DSG Consumer Partners, Rukam Capital, and The Chennai Angels. The round includes primary capital and a partial secondary sale by early investors.
Founded by Jagadeesh Kumar, the company sells cast iron, copper, clay, and wood cookware in the premium chemical-free kitchenware segment. The raise comes 18 months after a Rs 23.1 crore pre-Series A at a Rs 303 crore valuation. Funds will support new product categories, omnichannel distribution, and brand building.
Kapture CX Raises $10 Million in Pre-Series B Led by Bajaj Finserv Ventures
Bengaluru-based agentic AI platform Kapture CX has raised $10 million in a pre-Series B led by Bajaj Finserv Ventures, with existing investors Cactus Venture Partners and India Alternatives also participating. Co-founded in 2014 by Sheshgiri Kamath and Vikas Garg, the company builds a full-stack, verticalized agentic AI platform that combines AI agents, operational intelligence, and human oversight for enterprise workflows.
It claims over 1,000 enterprise clients across 18 countries, including Bajaj Finance and companies within the Tata and Reliance groups. Funds will support global market expansion and continued R&D.
YoLearn.ai Raises $500K Pre-Seed Round at $5 Million Valuation
Voice-first AI tutoring platform YoLearn.ai has raised $500,000 in a pre-seed round co-led by DataAlpha.ai and White Swan Global at a $5 million valuation. Launched in January 2025 by Kirti Prakash Mishra, the platform offers real-time audio tutoring with a live interactive sketchpad, supporting 22 Indian languages across NCERT, CBSE, ICSE, and state board curricula.
Usage is concentrated among Grades 9 to 12 students preparing for boards alongside JEE, NEET, and CUET. The platform has crossed 200,000 cumulative users across web and its YoTutor.ai apps. Funds will scale the tutoring product and expand school distribution.
Key Business News for 30 June 2026
OYO Parent PRISM Files UDRHP for Rs 6,650 Crore Fresh-Issue-Only IPO
OYO parent PRISM has filed its Updated Draft Red Herring Prospectus with SEBI for an IPO comprising a fresh issue of up to Rs 6,650 crore, with no offer for sale component, meaning existing shareholders including SoftBank, founder Ritesh Agarwal, Microsoft, and Airbnb will not dilute through the listing. PRISM may also raise up to Rs 1,330 crore via a pre-IPO placement.
The company plans to use Rs 4,987.5 crore to repay borrowings. For the first nine months of FY26, PRISM reported Rs 6,941 crore in revenue, with net profit nearly tripling to Rs 748 crore. The company operates 24,303 hotels and 124,668 homes across 35+ countries, with its US business (post G6 Hospitality acquisition) contributing over 52% of global GBV. PRISM is targeting a valuation of $7 to $8 billion.
Fibe Files DRHP to Raise Rs 750 Crore Through Fresh Issue
Digital lending platform Fibe, formerly EarlySalary, has filed its DRHP with SEBI to raise Rs 750 crore via fresh issue, alongside an OFS of up to 4 crore shares led by TPG's The Rise Fund. Other selling shareholders include Norwest Capital, Eight Roads Ventures, and Chiratae Ventures.
Co-founded in 2015 by Akshay Mehrotra and Ashish Goyal, Fibe offers AI-driven personal loans, education and healthcare financing, and loans against mutual funds. The company reported a 31% rise in FY26 revenue to Rs 1,585 crore, with net profit more than doubling to Rs 257 crore, and an AUM of Rs 8,603 crore. Fibe's listed competitor Kissht has surged over 63% since its June debut, now trading near Rs 279 against its Rs 171 issue price.
Muskaan Kapoor
