Mintoak Raises ₹80 Cr Venture Debt from BlackSoil to Fund ICC Loyalty Acquisition
Mumbai-based fintech SaaS startup Mintoak has secured ₹80 crore in venture debt from alternative credit platform BlackSoil to finance the debt component of its acquisition of Dubai-based loyalty and rewards technology company ICC Loyalty. The deal expands Mintoak's banking partnerships to over 50 institutions across more than 20 countries.
HomeRun Raises $12M Series A+ Led by Nexus Venture Partners to Scale Construction Materials Quick Commerce
HomeRun, a Bengaluru-based quick commerce platform for construction and interior materials, has raised $12 million in a Series A+ round led by Nexus Venture Partners. The round also saw participation from existing investors Sorin Investments, Titan Capital, Sparrow Capital, and Consumer Collective by Atrium.
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Mumbai-Based Mintoak Acquires Dubai’s ICC Loyalty to Build Unified Payments & Engagement OS for Banks
Mumbai-based fintech Mintoak has acquired Dubai-headquartered ICC Loyalty, expanding its payments and engagement operating system for banks across the Middle East, Africa, Eastern Europe and Asia. Financial terms of the deal were not disclosed.
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Profound Raises $1.5M Seed Round Led by Stellaris Venture Partners and 3one4 Capital to Build AI Rep for Every Professional
Bengaluru-based AI startup Profound has raised $1.5 million in a seed round led by Stellaris Venture Partners and 3one4 Capital. Co-founded by former Swiggy and Zomato executives Anuj Rathi and Prashant Parashar, the platform aims to give every professional their own AI-powered representative.
Legal AI Startup NYAI Raises $1.5M Seed Round from Indian Family Offices
Pune-based legal AI startup NYAI has closed a $1.5 million seed round led by a consortium of prominent Indian family offices, with participation from strategic angel investors. The capital will be directed towards technology development, expanding its Indian legal corpus, and accelerating enterprise deployment.
MV Electrosystems Raises ₹290 Crore via BSE/NSE Mainboard IPO
MV Electrosystems Limited has launched a ₹290 crore mainboard IPO on BSE and NSE, open from July 30 to August 3, 2026, priced at ₹400–₹425 per share. The Faridabad-based railway electronics firm plans to deploy the proceeds towards long-term working capital and in-house R&D.
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Zepto Seals ₹1,000 Cr Pre-IPO Private Placement, Defers Listing to Focus on Execution
Quick commerce unicorn Zepto has sealed a pre-IPO private placement of ~₹1,000 crore at a valuation of ~$4.5 billion, deferring its planned public listing to prioritise business execution and strengthen its balance sheet.
Kaapi Machines Raises ₹50 Crore from Sedna HoReCa in Its First External Equity Round
Kaapi Machines, a Bengaluru-based coffee equipment and services provider, has raised ₹50 crore from Sedna HoReCa in its first-ever external equity funding round. The strategic investment will fuel product portfolio expansion, local manufacturing, and technology upgrades as the company targets ₹150 crore in revenue for FY27.
Lavni Ventures Fund II Secures Strategic Investment from Quest Global Engineering Services
Quest Global Engineering Services has made a strategic investment in Lavni Ventures Fund II, a Bengaluru-based SEBI-registered deeptech impact fund targeting early-stage startups in climate, energy, and health. The deal marks one of the fund's largest commitments to date, as publicly reported on 2026-08-03.
SuperManager AGI in Active ₹50 Crore Acquisition Process with Undisclosed Fortune 100 Firm
Enterprise agentic AI startup SuperManager AGI is in an active ₹50 crore acquisition process with an undisclosed Fortune 100 global firm, as publicly reported on 2026-08-03. The proposed deal would transfer the startup's proprietary technology stack to the acquirer, with the founding team expected to join to scale the platform globally.
RoadGrid India Secures ₹13 Crore Strategic Investment from Technology Development Board to Build Universal EV Charger Manufacturing Facility
RoadGrid India has secured ₹13 crore in financial assistance from the Technology Development Board (TDB) under the Department of Science and Technology (DST), Government of India, as part of a ₹27.5 crore project to establish a manufacturing facility for its patented Universal EV Charger. The facility is targeted to reach an annual production capacity of 2,000 chargers by March 2027.
Matel Motion & Energy Solutions Raises ₹130 Cr Series B Led by UC Impower; Catamaran Joins Cap Table
Pune-based EV powertrain and motor maker Matel Motion & Energy Solutions has raised ₹130 crore in a Series B round led by UC Impower, with Catamaran joining the cap table as a new investor. The capital will be deployed toward manufacturing expansion, R&D, and international growth.
Quest Global Engineering Services Makes Strategic Investment in Lavni Ventures Fund II
Quest Global Engineering Services Ltd has made a strategic investment in Lavni Ventures Fund II, a SEBI-registered Category II alternative investment fund focused on early-stage, science-led startups. The deal, announced on 3 August 2026, marks one of the fund's largest single commitments to date.
Juniper Green Energy Raises ₹1,800 Crore via BSE/NSE Mainboard IPO
Juniper Green Energy has launched a ₹1,800 crore mainboard IPO on BSE and NSE, open for subscription from July 30 to August 3, 2026, structured entirely as a fresh issue at a price band of ₹214–₹225 per share.
SUIND Raises ₹20.5 Cr Seed Round Led by Transition VC to Scale Autonomous Drones
Bengaluru-based autonomous drone startup SUIND has raised ₹20.5 Cr in a Seed round led by Transition VC, with participation from IIMA Ventures and CIIE Initiatives. The capital will be deployed to scale its DGCA-certified Bumblebee agri-drone and accelerate development of its WASP surveillance platform.
Apna Mart Raises ₹120 Cr Series C Co-Led by Accel India and Fundamentum
Gurugram-based quick commerce startup Apna Mart has raised ₹120 Cr in a Series C round co-led by Accel India and Fundamentum, with the round reportedly doubling the company's valuation to approximately ₹1,470 Cr.
Sid’s Farm Raises Over ₹81 Cr in Pre-Series B Round Led by Omnivore, NSFO & Dodla Dairy
Hyderabad-based D2C dairy brand Sid's Farm has raised over ₹81 crore in a Pre-Series B funding round led by Omnivore, NSFO, Dodla Dairy, Next Bharat Ventures, and LIO. The fresh capital will go toward strengthening the company's supply chain, expanding manufacturing and distribution, and accelerating entry into new geographies.
Arboreal Bioinnovations Raises ₹230 Cr Series A Co-Led by Edelweiss EAAA and Omnivore
Lucknow-based Arboreal Bioinnovations has closed a ₹230 crore (~$24M+) Series A round co-led by EAAA Alternatives (Edelweiss) and Omnivore, with continued backing from Rainmatter by Zerodha. The capital will fund manufacturing expansion, R&D, and the commercialisation of next-generation functional ingredients.


