GrowthPal, a Singapore-based AI-powered platform for mergers & acquisitions (M&A) deal sourcing, has raised $2.6 million in funding.
Investors
The round was led by Ideaspring Capital, with participation from prominent global angel investors.
Ideaspring Capital is a Bangalore-based venture capital firm specializing in early-stage investments in deep-tech and enterprise technology. The firm has backed over 40 companies across sectors such as biotech, climate tech, aerospace, enterprise software, cybersecurity, and AI, and has achieved several notable outcomes and exits.
GrowthPal Use of Funds
The funding will support product development and expansion across the US and international markets to meet growing demand for programmatic M&A solutions.
About GrowthPal
Founded by Maneesh Bhandari, Shalu Mitruka, and Amaresh Shirsat, GrowthPal provides an AI-driven M&A copilot designed to accelerate deal sourcing and execution for corporate development teams. The platform combines data, machine learning algorithms, and human expertise to deliver the most relevant opportunities for any given mandate. GrowthPal’s long-term vision is to become the system of intelligence that helps teams make better M&A decisions earlier, with greater confidence and clarity—from discovery through execution. The company serves enterprises, startups, and private equity-backed firms in sectors like IT services, SaaS, fintech, and vertical software.
Funding Details
Company: GrowthPal Technologies Pte Ltd
Raised: $2.6M
Round: Growth Round
Funding Date: January 2026
Lead Investor: Ideaspring Capital
Additional Investors: Prominent global angel investors
Company Website: https://www.growthpal.com/
Software Category: AI-powered M&A / Corporate Development
Source: https://www.globenewswire.com/news-release/2026/01/14/3218690/0/en/GrowthPal-raises-2-6M-to-turn-M-A-from-relationship-driven-guesswork-into-an-AI-led-growth-engine.html