Miraggio has raised nearly $6.5 million in Series A funding; Tan90 Thermal Solutions has raised close to $2.3 million; while PaySprint is set to raise $3 million in its Series A round.
Miraggio raises $6.5m co-led by RPSG Capital
Miraggio, a homegrown fashion handbag and accessories brand, has raised nearly $6.5 million (Rs 55 crore) in its Series A funding round led by RPSG Capital Ventures and Client Associates Alternate Fund, per an announcement on Tuesday.
The funding also saw participation from Prath Ventures, the startup said in a statement.
The fresh infusion will fuel the brand’s next phase of growth, with a focus on product portfolio, retail expansion, as well as building supply-chain strength, the statement added.
Miraggio will introduce 500+ new products over the next 18 months and expand into additional handbag and accessory categories. The funding will also allow the company to build a stronger supply-chain operation across Asia with sourcing from multiple countries.
“This funding marks a pivotal moment for us as we accelerate our journey towards becoming an omnichannel fashion handbag and accessories brand. With a sharper focus on delivering elevated retail experiences, expanding our product portfolio, and building deeper connections with customers across India, we’re excited to shape the next chapter of Miraggio’s growth story,” said Mohit Jain, founder & CEO, Miraggio.
NABVENTURES backs Tan90 Thermal
Tan90 Thermal Solutions, a deeptech startup focused on thermal energy management, has raised nearly $2.3 million (Rs 20 crore) in its Series A funding round led by NABVENTURES, with participation from Blue Ashva Capital, Capital-A, and 3i Partners.
The funds will be used to develop new product lines tailored for cold chains, HVACs, and data centres, and to expand Tan90’s presence in Southeast Asia, the Middle East, and Africa while continuing to scale across India, the company said in a statement.
“Cooling infrastructure must be on-demand, scalable, and sustainable, without relying on heavy capital investments or outdated systems. With this funding, we are accelerating our efforts to expand into new industries and markets and build future-ready cooling solutions. We aim to position India as a centre for innovative thermal management while creating globally relevant cooling ecosystems that industries can rely on,” said Soumalya Mukherjee, co-founder of Tan90.
With these funds, Tan90 aims to expand its footprint to 10 additional cities in the coming months, with a particular focus on Tier-2 cities.
PaySprint set to raise $3m in Series A
PaySprint Private Limited announced on Tuesday that it is raising $3 million in its Series A funding round. The company has already secured $1.2 million in the first tranche, with the remaining amount expected to be raised in the second tranche.
“This is not just a fundraise—it’s a milestone moment,” said S Anand, founder & CEO of PaySprint. “We’ve gone from one product to powering end-to-end journeys for NBFCS, fintechs, platforms, and enterprises. With SprintNXT and our newly launched escrow stack, we’re solving problems that used to take months and multiple vendors to fix—now done in days, under one roof.”
PaySprint began operations in December 2020 with a mission to simplify the back-end of business banking. SprintVerify—PaySprint’s verification engine—assists onboarding, KYC/KYB, and identity checks across PAN, Aadhaar, RC, bank accounts, and more.
