Redcliffe Labs to Acquire Pune’s Megavision Diagnostics for ₹40 Cr to Expand Radiology & Imaging Network
Noida-based Redcliffe Labs is acquiring Pune's Megavision Diagnostics Centre for approximately ₹40 crore, adding two MRI-equipped centres in Pimpri-Chinchwad to its integrated diagnostics network. The deal marks Redcliffe's first strategic foothold in western India.
Deployment Inc Raises $5M Corporate Investment from Cars24 to Build India’s First Forward-Deployed AI Company
Cars24 has launched Deployment Inc with a $5 million corporate investment, positioning it as India's first forward-deployed enterprise AI company. Co-founded by Jayesh Gupta and Aayush Gupta, the startup will embed engineering teams inside client organisations to take AI from pilot to production.
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Mitti Labs Raises $9.5M Series A Led by Aramco Ventures for AI-Powered Climate-Smart Rice Farming
Mitti Labs has closed a $9.5M Series A round led by Aramco Ventures, with participation from Lightspeed India, Godrej Industries Group, Cisco Foundation, Francis Family Fund, and Volta Circle. The Bengaluru- and New York-based deep-tech startup will use the capital to scale its GeoAI satellite platform and expand into the Philippines and Indonesia.
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Consint.AI Raises ₹22 Cr Series A Led by BIG Global Investment to Scale AI Healthcare & Insurance Fraud Detection
Noida-based deeptech startup Consint.AI has closed a ₹22 Cr (~$2.3 M) Series A round led by BIG Global Investment JSC, with participation from Equanimity Ventures Trust II and Seafund Venture India Scheme I. The capital will fuel global market entry and the development of a foundational AI model for fraud, waste and abuse detection across healthcare, insurance and BFSI.
Pinegap Raises $8M Series A Led by Stellaris Venture Partners to Scale AI Equity Research Platform
Pinegap, an AI-powered equity research platform headquartered in New York, has raised $8 million in a Series A round led by Stellaris Venture Partners. The capital will go toward scaling go-to-market operations, growing the engineering team, and building an in-house team of former equity research analysts.
Nykaa Acquires 51% Stake in D2C Skincare Brand Aminu for ₹32 Crore
Nykaa (FSN E-Commerce Ventures) has approved the acquisition of a 51% stake in Mumbai-based D2C skincare brand Aminu Wellness Private Limited for a cash consideration of up to ₹32 crore. The deal adds a profitable, research-led brand to Nykaa's growing House of Brands portfolio.
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Vaaree Raises ₹65 Cr Series A Led by Hero Enterprise and Cap Alpha Ventures
Bengaluru-based home décor marketplace Vaaree has raised ₹65 crore in a Series A round co-led by Hero Enterprise and Cap Alpha Ventures. The capital will go towards expanding its fulfilment network and strengthening its AI-powered VibeCheck styling platform.
Hulp Raises $2.6M Seed Round Led by Sparrow Capital and BITKRAFT Ventures
Gurugram-based AI personal assistance and concierge startup Hulp has raised $2.6 million in a seed round co-led by Sparrow Capital and BITKRAFT Ventures. The capital will fund AI workflow expansion and a push into new Indian cities.
GetVantage Raises ₹63 Cr Series A1 Led by Rajeev Ahuja & SanRaj Group to Build AI-Native MSME Capital Gateway
Mumbai-based B2B fintech startup GetVantage has raised ₹63 Cr (~$6.6M) in a Series A1 round co-led by former RBL Bank MD Rajeev Ahuja and SanRaj Group. The capital will fund the company's transition into an AI-native Capital Gateway for Indian MSMEs.
Kily Raises ₹30 Cr Seed Round Led by Sorin Investments to Power Agentic AI Commerce Platform
Bengaluru-based agentic AI startup Kily has raised ₹30 Cr in a Seed round led by Sorin Investments, with participation from Razorpay and Wyser Capital. The capital will be deployed to strengthen product capabilities and accelerate adoption among consumer brands across India's digital commerce ecosystem.
Zoppler Systems Raises ₹6.5 Cr Seed Round Co-Led by Finvolve and India Accelerator
Bengaluru-based defence and dual-use technology startup Zoppler Systems has raised ₹6.5 crore in a Seed round co-led by Finvolve and India Accelerator. The capital will be used to accelerate product development, field validation, and engineering expansion across defence and dual-use sectors.
Vingo Raises ₹10 Cr Seed Round Led by IndiaQuotient to Build India’s C2C Pre-Owned Marketplace
Bengaluru-based C2C marketplace Vingo has raised ₹10 crore in a seed funding round led by IndiaQuotient, with participation from Inuka Capital and angel investor Rishabh Goel. The capital will go towards product development, trust infrastructure, user research, and targeted marketing.
Imarticus Learning Acquires Singapore’s BELLS Institute for ~₹800 Cr in First International Deal
Imarticus Learning has acquired Singapore's BELLS Institute of Higher Learning for an estimated ₹800 crore in its first international acquisition. The deal establishes Singapore as the company's regional hub for Southeast Asia and sets the stage for a proposed ₹1,000 crore IPO.
IIRM Holdings India Raises ₹150 Cr in Strategic Investment Led by Carpediem Capital and Sanshi Fund – I
BSE-listed IIRM Holdings India has announced a ₹150 crore strategic capital raise through equity shares and fully convertible warrants, led by private equity firm Carpediem Capital and Category III AIF Sanshi Fund – I. The funds will support business expansion, strategic acquisitions, capital expenditure and working capital requirements.
LEAP India Files RHP for ₹2,480 Cr IPO Backed by KKR
KKR-backed supply chain and asset pooling firm LEAP India has filed its Red Herring Prospectus for a ₹2,480 crore IPO, set to open for public subscription on August 7, 2026. The issue comprises a ₹480 crore fresh issue and a ₹2,000 crore offer for sale, with shares to list on BSE and NSE.
Shiprocket Eyes ₹2,342 Cr IPO at ₹7,000 Cr Valuation — Tribe Capital, Bertelsmann & Zomato on Board
Gurugram-based logistics unicorn Shiprocket is set to launch its ₹2,342 crore IPO within weeks at a reported valuation of ₹7,000 crore. The public issue comprises a ₹1,100 crore fresh issue and an OFS of up to ₹1,242.3 crore by founders and existing investors.
BikeWo Green Tech Signs MoU to Acquire Majority Stake in ENlite EV Care
BikeWo Green Tech has signed a Memorandum of Understanding to acquire a majority stake in ENlite EV Care, an electric vehicle service and maintenance company. The deal aims to expand BikeWo's integrated electric mobility ecosystem with organised servicing, maintenance, and lifecycle support.
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.


