Here's your daily funding and key business news roundup for June 1, 2026: Indian startups saw a broad and active funding day to open the month, with clean-label food brand Anveshan closing a Rs 150 crore Series B and EV maker Simple Energy raising Rs 250 crore ahead of its IPO plans. On the business front, UPI crossed 23 billion monthly transactions for the first time in May, Coinbase relaunched in India with direct INR trading, and Titan Capital launched its Future Indicorns programme to back AI-first startups across the country. Clean-label food brand Anveshan has raised Rs 150 crore in a Series B round led by Vertex Ventures Southeast Asia and India, with participation from IFC, Swiggy co-founder Sri Harsha Majety, Wipro Consumer Care Ventures, Titan Capital Winners Fund, and boAt co-founders Aman Gupta and Sameer Mehta. Founded in 2020, the company sells A2 bilona ghee, cold-pressed oils, raw honey, atta, and other minimally processed products. Anveshan is currently running at an ARR of Rs 280-300 crore and is targeting Rs 1,000 crore in revenue over the next 24-30 months. Bengaluru-based EV startup Simple Energy has raised Rs 250 crore through a mix of debt and equity, led by the family office of Thyrocare founder Arokiaswamy Velumani. Debt of Rs 123 crore came from HDFC Bank, Capitar Ventures, and other NBFCs. Founded in 2019 by Suhas Rajkumar and Shreshth Mishra, the company makes high-performance electric scooters with a range of up to 248 km per charge. Simple Energy plans to scale manufacturing from 3,000 to 15,000 scooters per month by March next year and is targeting an IPO in the second half of FY28, aiming to raise around Rs 3,000 crore. Bengaluru-based wealthtech startup Rovia has raised $1 million in a pre-seed round led by Antler India, with participation from CDM Capital, AC Ventures, Operators Studio, and angel investors. Co-founded in 2025 by Shivang Badaya and Arnav Grover, Rovia helps international tech employees manage, diversify, and reinvest their RSUs and equity compensation across borders. Since beta launch, the platform has grown AUM 100% month-on-month and is currently tracking over $60 million in RSU assets from employees at more than 300 companies. Gurugram-based skin clinic KorinMi has raised Rs 10 crore from the Lotus Herbals Innovation Fund, which has a corpus of $50 million for early-stage beauty and wellness investments. Co-founded in 2024 by Reshbha Munjal and Jenovia Daun Jung, KorinMi blends Korean skin science with clinical treatments tailored for Indian skin. The company launched its first clinic in October 2024 and has served over 3,000 clients. Funds will be deployed to open new clinics in Mumbai, Bengaluru, and Hyderabad. Gurugram-based healthtech startup MediElaj has raised approximately $100K from friends and family, alongside $500K in bootstrapped investment from its founders. Co-founded in 2023 by Debjit Patra and Umesh Khatri, MediElaj develops AI-powered diagnostic kiosks and a healthcare app desi
