Here's your daily funding and key business news roundup for June 15, 2026: Monday's deals spanned gourmet retail, immuno-oncology, AR/VR, and voice AI, with Foodstories raising Rs 50 crore led by Zerodha co-founder Nikhil Kamath and biotech startup Zumutor Biologics closing a $7.3 million pre-Series B for its cancer therapy programme. On the business front, payments unicorn Razorpay confidentially filed its DRHP with SEBI, targeting a $600 million IPO, while Amazon rolled out an AI-powered Seller Assistant built on Claude and Amazon Nova to its 1.7 million Indian sellers ahead of Prime Day.
Daily Indian Startup Funding Digest – 15 June 2026
| Startup | Sector | Funding | Round | Lead Investor |
|---|---|---|---|---|
| Foodstories | Gourmet Retail / D2C | Rs 50 Cr (~$5.9 Mn) | Funding Round | Nikhil Kamath |
| Zumutor Biologics | Biotech / Immuno-Oncology | $7.3 Mn | Pre-Series B | Accel, Bharat Innovation Fund |
| AutoVRse | AR/VR / Industrial AI | $2.4 Mn | Funding Round | Singularity AMC, Lumikai |
| Maya Research | Voice AI | $1.9 Mn | Seed | South Park Commons |
Foodstories Raises Rs 50 Crore Led by Nikhil Kamath
Gourmet retail startup Foodstories has raised Rs 50 crore in a round led by Zerodha co-founder Nikhil Kamath, with participation from existing investor Narotam Sekhsaria Family Office. Co-founded in 2021 by Avni and Ashni Biyani, daughters of Future Group founder Kishore Biyani, Foodstories operates experiential stores and a digital delivery network across Delhi-NCR, Bengaluru, Hyderabad, and Mumbai, offering organic produce, global ingredients, and in-store wellness cafés. The company recently entered Mumbai with a flagship Bandra outlet and plans another store in Lokhandwala. Funds will expand its digital business, delivery network, and retail footprint.
Zumutor Biologics Raises $7.3 Million in Pre-Series B Round
Bengaluru-headquartered biotech startup Zumutor Biologics has raised $7.3 million in a pre-Series B round from existing investors Accel and Bharat Innovation Fund, with new participation from Premji Invest, Ashish Kacholia, and Raj Dandu Family Office. Founded by Kavitha Iyer Rodrigues, Zumutor develops immuno-oncology therapies, with its lead candidate ZM008, a first-in-class NK cell checkpoint therapy, currently in US FDA Phase 1 trials. The fresh capital will fund completion of the Phase 1 trial, Phase 1B expansion cohorts, and global Phase 2 studies including in India.
AutoVRse Raises $2.4 Million from Singularity AMC and Lumikai
Bengaluru-based industrial AI platform AutoVRse has raised $2.4 million in a round co-led by Singularity AMC's Large Value Fund III and Early Opportunities Fund, along with existing investor Lumikai. Founded in 2016 by Ashwin Jaishanker and Adarsh Muthappa, AutoVRse provides AI-powered training and field guidance through VR modules and smart glasses, serving over 500,000 users across 50+ enterprise clients including Amazon, Shell, ADNOC, and NTPC. The company has crossed $8 million in ARR within 12 months of its global rollout, with revenue growing 250% year-on-year. Funds will accelerate product development and North America expansion.
Maya Research Raises $1.9 Million Seed Round from South Park Commons
AI startup Maya Research has raised $1.9 million in a seed round led by South Park Commons. Founded in 2025 by BS Dheemanth Reddy and Bharath Kumar Kakumani, the company builds conversational voice AI models for non-English-first users across India, Southeast Asia, and MENA. Its open-source voice model, Maya 1, has crossed 440,000 downloads on Hugging Face and ranks 6th among open-weight models globally on Speech Arena, on par with OpenAI’s GPT-Realtime. The company’s app has logged over 3 million downloads. Funds will support continued model development and expansion of its conversational AI platform.
Key Business News for 15 June 2025
Razorpay Confidentially Files DRHP with SEBI for $600 Million IPO
Digital payments unicorn Razorpay has confidentially filed its pre-filed DRHP with SEBI and stock exchanges, targeting an IPO of around $600 million comprising a fresh issue and an offer for sale. The company has roped in Axis Capital, Kotak Mahindra Capital, JP Morgan, and Citi for the listing. Razorpay converted to a public limited company in April 2025 and completed its reverse flip to India, paying around $150 million in related taxes. Founded by Harshil Mathur and Shashank Kumar, the company reported a 65% year-on-year rise in operating revenue to Rs 3,783 crore in FY25, though it posted a net loss due to ESOP and redomiciling costs.
Amazon Rolls Out AI-Powered Seller Assistant Built on Claude and Amazon Nova
Amazon has launched an AI-powered Seller Assistant for its 1.7 million Indian sellers, built on Amazon Bedrock using Amazon Nova and Anthropic Claude models. The 24/7 chatbot assists with onboarding, catalogue creation, inventory management, advertising, and cross-border expansion, and can pre-fill up to 70% of listing fields from a product image or URL. Amazon said the tool has cut sellers’ operational effort by nearly 70% and reduced listing errors by around 10%. The rollout comes ahead of Prime Day in July and follows similar AI seller tools from Flipkart, Snapdeal, and Meesho, as India’s ecommerce market heads toward $300 billion by 2030.
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