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Daily Indian Funding Roundup & Key News - June 24,

Daily Indian Funding Roundup & Key News - June 24, 2026: Bodycraft Raises Rs 120 Cr, Flipkart Minutes Hits 1,000 Stores

· Funding · StartupTalky

Here's your daily funding and key business news roundup for June 24, 2026: Tuesday brought a busy mix of deals and corporate moves, with beauty and wellness chain Bodycraft closing a Rs 120 crore Series A from Singularity AMC and AI marketing platform JustAI raising $17 million in a Base10-led round. On the business front, MoEngage made a strategic acquisition of AI startup Aampe, Mamaearth parent Honasa Consumer acquired a majority stake in nutraceuticals company Fluence Pharma for Rs 135 crore, and Flipkart Minutes crossed 1,000 stores across 130 cities. Bengaluru-based beauty and wellness chainBodycraft has raised Rs 120 crorein a Series A led by Singularity AMC. This is the company's first major fundraise in nearly nine years, having last raised Rs 18 crore in 2017. Founded in 1997 by Manjul Gupta, Bodycraft runs 67 outlets across 33 clinics and 34 salons in 10+ cities, operating through COCO and FOFO models. Funds will expand its footprint by 30 new locations, invest in clinical technology, AI-led efficiencies, and customer experience. India's clinical aesthetics market is projected to grow from $2 billion in 2024 to over $7 billion by 2033. AI marketing platform JustAI has raised over $17 million in a Series A led by Base10, with participation from Y Combinator, Peak XV Partners, and strategic investors including growth leaders from Anthropic and Chime, the CTO of HubSpot, and founders of Eppo and Vapi. Founded by Neha Mittal and Jeff Hara, the platform automates marketing personalisation using reinforcement learning models and agentic AI decisioning. It claims to support 600+ marketing decisions delegated to AI monthly and helped generate over $100 million in customer revenue last year. Clients include Coursera, ClickUp, and Better. Proceeds will expand engineering, go-to-market, and e-commerce capabilities. Managed holiday-home platform SaffronStays has raised $3.5 million in a round led by Infinity Ventures, with family office participation, including a partial secondary sale by existing investor Sixth Sense Ventures. Founded in 2015 by Tejas Parulekar and Devendra Parulekar, the company manages over 450 properties across 80+ destinations and has remained profitable for four consecutive years. Direct bookings contribute nearly 70% of revenue. Inventory grew 70% in North India, 90% in South India, and 200% in Goa over the last two financial years. Funds will expand into new destinations and strengthen technology. Bengaluru-based spacetech startupQOSMIC has raised $3.3 million in a seed roundfrom Prosus, Accel, and South Park Commons. The company is building optical communication infrastructure to solve the growing challenge of transmitting large volumes of satellite data from low-Earth orbit back to Earth. Proceeds will expand manufacturing, integration, and testing capabilities, and grow engineering teams across optics, electronics, and mechanical systems. IoT smart lock startup Ikin Global has raised $2 million in a pre-Series A2 round

Original source: StartupTalky
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