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.
― Advertisement ―
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.
More News
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.
Explore more
Xtovia Raises Rs 6.9 Cr in Pre-Seed Round Led by V3 Ventures to Scale Science-Backed Haircare Brand
Science-first haircare brand Xtovia has secured Rs 6.9 crore (~$730K) in a pre-seed funding round led by V3 Ventures, with backing from Consumer Collective by Atrium and a cohort of angel investors, as publicly reported on June 17, 2026.
Gimi Michi Raises $1M Seed Round Led by IndiaQuotient to Build India’s Leading Korean FMCG Brand
Gurugram-based Korean food startup Gimi Michi has closed a $1M seed round led by IndiaQuotient, with participation from DeVC, Titan Capital, and IIMA Ventures, as publicly reported on June 16, 2026.
TrackerSuite AI Raises ₹6 Cr in Pre-Series A Round Led by UAE-Based Family Office
TrackerSuite AI has closed a ₹6 crore (~$0.72M) Pre-Series A funding round led by a UAE-based family office advised by Bestvantage Investments, as publicly reported. The New Delhi and Bengaluru-based AI SaaS startup serves over 1,800 businesses across 25 countries.
Speedioo Raises ₹10 Cr Seed Round Led by Atomic Capital to Scale Used Two-Wheeler Marketplace
Pune-based used two-wheeler marketplace Speedioo has closed a ₹10 Cr (~$1.2M) seed round led by Atomic Capital, marking its first institutional fundraise as the platform targets ₹100 Cr ARR within 12–18 months.
ContraVault AI Raises $3.1M in Pre-Series A Round Led by Chiratae Ventures
Bengaluru-based ContraVault AI has closed a $3.1M Pre-Series A round led by Chiratae Ventures, with participation from Titan Capital Winners Fund, to scale its AI-powered procurement intelligence platform and accelerate entry into the US market.
CREST Raises $3.1M in Pre-Seed Round to Build AI-Native Fractional Family Office
Mumbai-based wealthtech startup CREST has raised $3.1M (₹29.3 Cr) in a pre-seed round led by BEENEXT and Atrium Ventures, emerging from stealth to offer an AI-native fractional family office platform targeting India's growing ultra-high-net-worth segment.
Turtlemint Files IPO to Raise ₹882.67 Cr (~$93M) at ~₹4,513 Cr Valuation
Mumbai-based insurtech firm Turtlemint has filed its Red Herring Prospectus for a ₹882.67 Cr IPO, targeting a listing on BSE and NSE on June 29, 2026, with the subscription window opening June 19.
TruNativ Raises $30M in Series B Led by OrbiMed Advisors to Fuel Offline and Global Expansion
Mumbai-based health and nutrition brand TruNativ has closed a $30M (₹290 Cr) Series B round led by OrbiMed Advisors, with the capital earmarked for offline distribution, international expansion, and a new R&D centre.
SolarSquare Raises ₹510 Cr ($53M) in Series C Led by B Capital
SolarSquare has secured ₹510 Cr (~$53M) in a Series C round led by B Capital, becoming the largest venture capital investment in India's residential solar sector to date. The Mumbai-based startup's total funding now crosses $100M.
Razorpay Targets ~$600M IPO With Confidential DRHP Pre-Filing to SEBI
Razorpay has confidentially pre-filed its Draft Red Herring Prospectus with SEBI, targeting a ~$600 million raise through a public market listing on Indian bourses, as publicly reported on June 15, 2026.
Bharat Innovates 2026 DeepTech Cohort Secures $254.5M in Aggregate Funding Commitments Across 80+ Startups
India's Bharat Innovates 2026 deeptech showcase generated $254.5M in aggregate funding commitments and advanced-stage investments across 80+ startups by Day 2 of the event, as publicly reported on June 16, 2026. The initiative — backed by the Indian government and held with an international showcase in Nice, France — marks a landmark moment for India's deeptech ecosystem.
Estro Tech Robotics Raises Rs 1 Crore Seed Funding Led by Genrobotics Innovations
Thrissur-based deeptech startup Estro Tech Robotics has raised Rs 1 crore in a seed round led by Genrobotics Innovations Pvt. Ltd., with proceeds earmarked for R&D in AI-powered sewer monitoring and advanced inspection robotics.
