Daily Indian Startup Funding Roundup & News - 27 March 2026: MTandT Rentals Raises ₹100 Crore, Go Digit Faces ₹384 Cr Tax Notice, and More
From AI-native lending platforms to equipment rental solutions, Indian startups continued to attract fresh capital across sectors today. The day saw Uncia raising $3 million to scale its AI-driven lending stack, while Mtandt Rentals secured INR 100 crore to accelerate expansion in the equipment rental ecosystem.
Here’s a quick roundup of the key startup fundings and business news in India on 27 March 2026.
💰 Daily Indian Startup Funding Digest - 27 March 2026
| STARTUP | SECTOR | FUNDING | ROUND | LEAD INVESTORS |
|---|---|---|---|---|
| Uncia | AI / Lending Infrastructure | $3 Mn (~₹25 Cr) | Seed | Pavestone |
| Mtandt Rentals | Equipment Rental / Infra | ₹100 Cr (~$12 Mn) | Growth | ValueQuest S.C.A.L.E Fund II |
Uncia Raises $3 Mn Seed Round Led by Pavestone
AI-native lending platform Uncia has raised $3 million (~₹25 crore) in a seed funding round led by Pavestone.
The startup is building a modern lending infrastructure stack powered by artificial intelligence, enabling financial institutions to streamline loan origination, underwriting, and risk assessment.
The fresh capital will be used to scale product capabilities, enhance AI models, and expand its presence across financial institutions in India.
Mtandt Rentals Raises ₹100 Cr from ValueQuest S.C.A.L.E Fund II
Equipment rental platform MTandT Rentals has secured INR 100 crore (~$12 million) from ValueQuest’s S.C.A.L.E Fund II.
The company provides access to high-end construction and industrial equipment on a rental basis, catering to infrastructure, logistics, and industrial sectors.
The funds will support the expansion of its rental fleet, strengthen product sales, and scale operations across key infrastructure markets in India.
Key Business News for 27 March 2026
Infosys acquires Stratus division for $560 Mn
Infosys has announced twin acquisitions in the US, buying Optimum Healthcare IT for $465 million and Stratus for $95 million, aiming to deepen its presence in the healthcare IT and consulting space. The deal strengthens Infosys’ capabilities in electronic health records (EHR), revenue cycle management, and digital transformation services, while also expanding its access to large healthcare clients in North America.
Go Digit faces an INR 384 Cr income tax demand notice
Insurtech firm Go Digit has received an income tax demand of INR 384 crore (including ~₹100 crore interest) for FY24, primarily due to disallowances related to IBNR/IBNER claim provisions and TDS issues on expenses and reinsurance payments. The company has stated that these are industry-wide practices and plans to challenge the order through legal channels, with no immediate financial impact expected.
ED attaches INR 1,700 Cr assets in Mahadev betting case
The Enforcement Directorate has attached assets worth INR 1,700 crore linked to the Mahadev betting app case, including high-value real estate such as properties in Dubai’s Burj Khalifa. The crackdown targets a large cross-border illegal betting network that allegedly used shell entities and digital channels to launder funds, marking one of the biggest enforcement actions in the sector.
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