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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Truth & Hair Raises ₹5.4 Cr Seed Round Led by Inflection Point Ventures
Gurugram-based D2C hair beauty and styling brand Truth & Hair has raised ₹5.4 Cr in a Seed round led by Inflection Point Ventures. The capital will be deployed to strengthen brand positioning, drive product innovation, and scale distribution.
Vault by Virat Kohli Secures Strategic Investment as Kohli Brothers Formalise 28% Equity Stake
Virat Kohli and his brother Vikas Kohli have formalised a combined 28% equity stake in Vault by Virat Kohli, the Delhi-headquartered premium franchise-led fitness chain. The strategic investment will fuel the brand's franchise-partner-driven national expansion, as publicly reported on 2026-07-30.
Aham Housing Finance Raises ₹100 Cr Growth Round Led by The Sanmar Group
Aham Housing Finance has raised ₹100 crore in a Growth Round led by The Sanmar Group, with existing investor Negen Capital also participating. The capital will strengthen lending capacity and accelerate expansion into underserved housing markets across India.
Fixxly Raises $5.5M Seed Round Backed by Accel, Fireside Ventures & Lightspeed India Partners
Bengaluru-based building materials quick commerce startup Fixxly has raised $5.5 million in a seed round backed by Accel, Fireside Ventures, and Lightspeed India Partners. The capital will strengthen its AI-powered platform ahead of a commercial launch on 1 September 2026.
Revspot Raises $4.8M Series A Led by Inflexor Ventures and Info Edge Ventures to Scale AI-Native Buyer-Intelligence Platform
Bengaluru-based AI startup Revspot has raised $4.8 million in a Series A round co-led by Inflexor Ventures and Info Edge Ventures to scale its AI-native buyer-intelligence and lead-qualification platform. The round also saw participation from Pentathlon Ventures, Silicon Road Ventures, and existing investor Titan Capital.
Inflexor Ventures Raises Rs 400 Cr First Close of Rs 1,250 Cr Technology Discovery Fund III
Inflexor Ventures has announced the first close of its Technology Discovery Fund III at Rs 400 crore, against a total target corpus of Rs 1,250 crore, with anchor commitments from the SRI Fund, HDFC Asset Management Company, and international institutional investors. The fund will back early-stage science, engineering, and technology startups at the pre-Series A and Series A stages across India.
Walbha Industries Raises ₹10 Crore Strategic Investment from Circular Economy Firm Recykal
Jhansi-based biomass briquette and pellet manufacturer Walbha Industries has secured a ₹10 crore strategic investment from circular economy company Recykal, marking Recykal's entry into the bioenergy value chain. The deal connects Walbha's farm-sourced biomass production with Recykal's enterprise network to accelerate India's industrial clean energy transition.
Temple Doubles Valuation to $375M via Secondary Sale, Launches First ESOP Liquidity Programme
Deepinder Goyal's healthtech startup Temple has doubled its valuation to $375 million through a secondary share sale and simultaneously launched its first ESOP liquidity programme for eligible employees. The milestone comes as Temple accelerates product development ahead of a broader commercial rollout of its forehead-worn wellness wearable.
Unacademy Merges with upGrad in ₹1,955 Cr All-Stock Deal; Investors to Get upGrad Board Seat
The Unacademy merger with upGrad is closing at ₹1,955 crore in a 100% all-stock transaction, with Unacademy's existing investors set to receive one board seat at upGrad upon deal completion.
Yaanendriya Raises ₹15 Cr Seed Round Led by Piper Serica
Bengaluru-based deep-tech startup Yaanendriya has raised ₹15 crore in a Seed round led by Mumbai-based venture capital fund Piper Serica to scale its indigenous navigation, sensing, and control technologies for defence and aerospace. The round marks the company's first institutional venture capital investment.
House of Student Raises $2M Seed Round Co-Led by Saltwater Sutra & Nirmitsu Inspirational Ventures
House of Student, a global student living technology platform founded by Vaibhav Verma, has raised $2 million in a seed round co-led by Saltwater Sutra and Nirmitsu Inspirational Ventures. The capital will fund product innovation, AI capabilities, expanded housing supply, and international growth.
Omega Seiki Mobility Raises ₹50 Cr Growth Round Led by Securocorp Securities
Delhi-based electric commercial vehicle maker Omega Seiki Mobility has raised ₹50 crore in a Growth Round co-led by Securocorp Securities, Sangeeta Pareekh, Saket Aggarwal Family Office, and Vanshika Sharma. The company will deploy the capital to expand manufacturing, strengthen R&D, and grow its nationwide dealer and service network.


