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Daily Indian Funding Roundup & Key News - June 30,

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

· IPO & Markets · StartupTalky

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. 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. 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. 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. OYO parent PRISM has filed its Updated Draft Red Herring Prospectuswith 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

Original source: StartupTalky
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