Indian Startups Bag $243 Mn; Zepto Files ₹8,010 Cr IPO, Meesho Buys Kirana Club For ₹202 Cr
Retail and consumer plays dominated the June 8-12 funding week. Zepto refiled its DRHP for an ₹8,010 Cr fresh issue, Meesho moved to acquire Kirana Club for ₹202 Cr, while BazaarNow ($7.5 Mn), Manam Chocolate ($9 Mn Series A) and Uni Seoul ($3.6 Mn Series A) closed rounds.
What happened
Indian startups raised $243 Mn during June 8-12, with retail-relevant moves: Zepto filed updated DRHP for ₹8,010 Cr IPO, Meesho to acquire Kirana Club for ₹202
Key facts
- $242.6 Mn weekly funding
- Zepto IPO fresh issue ₹8,010 Cr
- Meesho-Kirana Club deal ₹202.08 Cr
- BazaarNow $7.5 Mn
- Manam Chocolate $9 Mn Series A
- Uni Seoul $3.6 Mn Series A
Why this matters
Meesho's ₹202 Cr Kirana Club acquisition underscores a buy-vs-build shift toward kirana network ownership, opening M&A windows for grocery-tech and quick commerce assets with embedded retailer relationships.
Also reported by
- Inc42 — Same time