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Weekly Funding Report: Indian Startups Raised $244 Million Across 23 Deals (Jun 8–14, 2026)

By , Funding & Deals Editor5 min read
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Indian travel startup funding boom June 2026 with airplane suitcases and rupee chart

Travel, deeptech and consumer brands led activity in the second week of June 2026, with The Hosteller, Scapia and Ethereal Machines headlining a $244 million week across 23 disclosed deals.

Key Facts

Key facts: Weekly Funding Report: Indian Startups Raised $244 Million Across 23 Deals (Jun 8–14, 2026)
DetailValue
Deal size$244 M
StageSeries B
Lead investorPROMAFT
SectorWeekly Funding
CoverageStartup Funding

Indian startups raised a cumulative $244 million across 23 disclosed deals between June 8 and June 14, 2026, with travel and hospitality emerging as the surprise sector of the week.


Headline Numbers


  • Total capital raised: $244 million
  • Deal count: 23
  • Travel and hospitality share: ~$95 million (39% of weekly capital)
  • Series B and later rounds: 6
  • Seed and pre-Series A: 14

  • Top Deals of the Week


  • Scapia — $63M Series B for AI-led travel fintech expansion
  • The Hosteller — ₹150 crore (~$18M) Series B led by PROMAFT and V3 Ventures
  • Ethereal Machines — ₹272 crore (~$28.5M) Series B for precision manufacturing
  • 4baseCare — ₹128 crore Series B for precision oncology
  • goSTOPS — ₹35 crore growth round to add 50+ hostel properties
  • Tribe Stays — $2.8M seed for premium long-stay rentals
  • Rimigo — $550K pre-seed for AI travel planning

  • Sector Breakdown


  • Travel and hospitality: $95M across 6 deals
  • Deeptech and manufacturing: $55M across 3 deals
  • Healthtech: $32M across 3 deals
  • Consumer and D2C: $28M across 4 deals
  • Fintech: $20M across 4 deals
  • AI and SaaS: $14M across 3 deals

  • Why Travel Is Heating Up


    Post-pandemic domestic travel volumes hit a new high in May 2026, with IRCTC reporting record bookings and DGCA noting 12% YoY growth in domestic air traffic. Investors are now backing the full travel stack — payments (Scapia), accommodation (Hosteller, goSTOPS, Tribe Stays), AI planning (Rimigo), and consolidation (ixigo's Brevistay acquisition).


    What It Signals


    The week confirms India's startup funding rebound — early-stage activity is broad-based, while late-stage capital is flowing into category leaders preparing for IPO windows in FY27.

    weekly fundingtravel fundingindia startupsjune 2026hospitality

    Reported by Rohit Menon. Spotted an error in this story? Request a correction or email corrections@startupory.com. See our editorial policy.

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