Miraggio Lifestyles Private Limited has raised ₹55 crore from a Series A fundraise led by by RPSG Capital Ventures, Client Associates and Prath Ventures. Antares Legal advised Miraggio on this fundraise. The transaction team was led by Surbhi Kothiala (Partner), assisted by Divyanshu Bansal (Associate) and Priyanshi Aggarwal (Associate). Surbhi Kothiala JSA Advocates & Solicitors advised lead investors RPSG Capital Ventures Fund II and Client Associates Alternate Fund on this fundraise. The transaction team was led by Lalit Kumar (Lead Partner) and Amandeep Singh Virk (Partner), with support from by JSA Zarish Ali (Senior Associate) and Associates – Ruchika, Muskaan Gupta, and Sameer Dahiya. Lalit Kumar, Amandeep Singh Virk VERTICES PARTNERS advised lead investor Prath Ventures on this fundraise. The transaction was led by Vikrant Anand (Partner), along with Shagun Rathi Mittal (Senior Associate) and Associates – Amit Shekhar and Srishti Singh. Founder and Managing Partner Vinayak Burman provided strategic inputs. Vikrant Anand, Vinayak Burman The funds will be used to expand its retail footprint by opening 15–20 exclusive brand outlets over the next two years, with a longer-term target of 40–50 stores across Tier 1 and Tier 2 cities. Miraggio also plans to launch over 500 new products, including laptop bags and clutches, while strengthening its omnichannel strategy and supply chain across Asia. Miraggio is a D2C fashion handbag and accessories brand that retails women handbags, backpacks, laptop bags and accessories through various online and offline channels including its own exclusive brand outlets and channel partners, under the brand name of Miraggio. The company closed FY25 with a GMV of over ₹110 crore and is aiming for ₹200 crore in FY26, having fulfilled over a million orders to date.

Tessellate Tech Ventures has made its exit from Vecmocon Technologies Private Limited through a secondary sale to Aavishkaar India Fund VI and Blume Ventures India Fund IV. Rise Legal advised Tessellate Tech Ventures on this transaction. The transaction team was led by Ritika Ganju (Managing Partner) and supported by Anushka Bhardwaj (Associate) and Mohana Dasyam (Associate). Ritika Ganju VERTICES PARTNERS represented Aavishkar Capital on this transaction. The transaction was led by Vikrant Anand (Partner), along with a team that included Varun Kaka (Senior Associate), and Associates – Vidhi Shah, Ayushi Narayan and Mohammed Kaif. Founder and Managing Partner Vinayak Burman provided strategic inputs. Vikrant Anand, Vinayak Burman Khaitan Legal Associates represented Vecmocon Tech on this transaction. The transaction team was led by Aditi Chandak (Associate Partner) and Vir Aditya Nanda (Senior Associate) along with Associates – Aanchal Golecha and Riya Dudeja. Goodwin Law represented existing investor EIF V LP led by Ananth Lakshman (Partner). Founded in 2015 and headquartered in Gurgaon, India, Tessellate Tech Ventures is an early-stage venture capital firm backed by the promoters of the Napino Group, a prominent player in the automotive electronics sector. Tessellate focuses on investing in innovative startups across various sectors, including Internet of Things (IoT), data analytics, technology, e-commerce, consumer internet, and payment solutions. With its roots in the automotive industry, the firm also actively seeks investments in electrical and electronic products tailored for the automotive sector. Established in 2016 and based in New Delhi, Vecmocon Technologies is a deep-tech startup specializing in electric vehicle (EV) intelligence solutions. Founded by alumni from IIT Kanpur, IIT Delhi, and ISB, the company develops advanced hardware and software products, including Battery Management Systems (BMS), Vehicle Intelligence Modules (VIM), motor controllers, and EV chargers. The company has secured funding from notable investors such as Tiger Global Management, Blume Ventures, and Tessellate Ventures, and continues to expand its impact in the sustainable mobility sector.