Foodstories bags Rs 50 cr from Nikhil Kamath as consumer brands ride $393M weekly funding wave
Indian startups raised $393M across 18 deals in June 13-19, with consumer-facing plays drawing meaningful cheques. Pet healthcare Vetic ($40M), nutrition brand TruNativ ($30M), and food lifestyle platform Foodstories (Rs 50 cr from Zerodha's Nikhil Kamath via Rainmatter) signal sustained VC appetite for D2C and lifestyle retail.
What happened
Foodstories · Indian startup funding hit $393M across 18 deals in week of June 13-19, led by Sarvam AI's $234M. Consumer-facing raises include pet healthcare
Key facts
- $393M total
- 18 deals
- $234M Sarvam AI
- $53M SolarSquare
- $40M Vetic
- $30M TruNativ
- Rs 100 cr Rusk Media
- Rs 56 cr Karo Sambhav
- Rs 50 cr Foodstories
Why this matters
Kamath-backed Foodstories joins a wave of well-capitalized consumer challengers (Vetic, TruNativ) that incumbents should track as potential acquisition targets or competitive threats in pet care, nutrition, and food lifestyle adjacencies.
Also reported by
- YourStory — Same time