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
Immuneel Therapeutics Raises Rs 100 Cr+ in Series B to Scale India’s First Approved CAR-T Therapy
Bengaluru-based Immuneel Therapeutics has closed a Series B round of over Rs 100 crore (~$10.5M) to scale commercialisation of Qartemi, India's first approved CAR-T therapy. In a separate development, hygiene brand Nobel Hygiene has converted to a public company structure ahead of a planned IPO.
GPS Renewables Raises Rs 635 Cr in Series C to Scale India’s Bioenergy Infrastructure
Bengaluru-based GPS Renewables has raised Rs 635 Cr (~$66.3M) in a Series C round to accelerate its compressed biogas infrastructure portfolio, marking what is publicly reported as the largest cleantech and bioenergy fundraise in India in 2026.
Agilitas Sports Raises Rs 225 Cr in Growth Round Led by Nexus Venture Partners
Bengaluru-based sportswear platform Agilitas Sports has raised Rs 225 Cr (~$23.5M) in a growth round led by Nexus Venture Partners, with Rainmatter (Zerodha's fund) also participating, as publicly reported on June 3, 2026.
Kuku Technologies Files Confidential DRHP for Up to Rs 3,500 Cr IPO at Rs 15,000 Cr Valuation
Kuku Technologies, the Bengaluru-based audio-video OTT platform behind Kuku FM and Kuku TV, has filed a confidential Draft Red Herring Prospectus with SEBI targeting an IPO raise of up to Rs 3,500 Cr at a valuation of up to Rs 15,000 Cr, as publicly reported on June 4, 2026.
Lumiq Raises Rs 50 Cr in Series B Round Led by Bajaj Finserv Ventures
Noida-based BFSI data-AI startup Lumiq has raised Rs 50 Cr (~$5.2M) in a Series B round led by Bajaj Finserv Ventures, with participation from existing investor Info Edge, as publicly reported on June 6, 2026.
StrainX Bioworks Raises $13M in Growth Equity
StrainX Bioworks, a DeepTech company based in Bengaluru, India, has raised $13M in a Growth Equity round led by Prime Venture Partners & Leo...
Fairdeal.Market Raises $15M in Series A
Fairdeal.Market, a E-commerce company based in Delhi-NCR, India, has raised $15M in a Series A round led by Bertelsmann India Investments.Quick HighlightsAmount Raised: $15M
Round...
Simple Energy Raises ₹250 Cr ($29M) in Growth Equity
Simple Energy, a Mobility company based in Bengaluru, India, has raised ₹250 Cr ($29M) in a Growth Equity round.Quick HighlightsAmount Raised: ₹250 Cr ($29M)
Round...
TrueFan AI Raises $10M in Series A
TrueFan AI, a AI company based in Delhi-NCR, India, has raised $10M in a Series A round led by Baring Private Equity Partners India.Quick...
Anveshan Raises ₹150 Cr ($16M) in Series B
Anveshan, a D2C company based in Delhi-NCR, India, has raised ₹150 Cr ($16M) in a Series B round led by Vertex Ventures.Quick HighlightsAmount Raised:...
Innefu Labs Raises $30M in Series B
Innefu Labs, a DefenceTech company based in Delhi-NCR, India, has raised $30M in a Series B round led by Panthera Growth Partners.Quick HighlightsAmount Raised:...
FirstClub Raises $55M in Series B
FirstClub, a E-commerce company based in Bengaluru, India, has raised $55M in a Series B round led by Peak XV Partners.Quick HighlightsAmount Raised: $55M
Round...
