Here's your daily funding and key business news roundup for June 23, 2026: Monday was headlined by two major developments as real estate platform Square Yards crossed a billion-dollar valuation with a Rs 900 crore debt-equity round, and Bengaluru-based cyber resilience startup Mitigata raised $15 million in a Bessemer-led Series B. On the business front, Tata Electronics confirmed a ransomware breach involving files from Apple and Tesla clients surfacing on the dark web, and Turtlemint's IPO continued to see sluggish subscription response heading into its second day. Gurugram-based real estate and mortgage platformSquare Yards has entered the unicorn club after raising Rs 900 crore ($95 million)through a mix of debt and equity anchored by EAAA Alternatives, with global corporate credit manager Muzinich & Co also participating. The round values the company at over $1 billion. Founded by Tanuj Shori and Kanika Gupta, Square Yards reported 48% year-on-year revenue growth to Rs 2,086 crore in FY26, with EBITDA jumping 3.7 times to Rs 176 crore. The company plans to raise an additional $50 to $60 million over the next quarter as it prepares for a public listing. Bengaluru-based cyber resilience startup Mitigata has raised $15 million in a Series B led by Bessemer Venture Partners, with existing investors Nexus Venture Partners, Titan Capital, and WEH Ventures also participating. Founded in 2023 by Mohit Anand, Sarthak Dubey, Mayank Morya, and Akshit Kaushik, the company offers a unified platform covering security operations, cyber risk intelligence, compliance, incident response, and cyber insurance. It claims to serve over 800 enterprises and processed more than one million security incidents in the past year. Proceeds will fund international expansion into the Middle East, MENA, and Southeast Asia. Noida-based agri-input platform Unnati Agri has raised Rs 17 crore in debt from Recur Club to strengthen seasonal working capital and expand distribution. Co-founded in 2010 by Ashok Prasad and Amit Sinha, the company connects farmers with agri-inputs and food processors through a unified platform, with sustainable agri-inputs currently comprising 35 to 40% of sales. Unnati is also targeting a $30 to $35 million equity raise in H2 2026 and is planning a public listing within three to four years. It has raised more than $13.24 million in equity to date, including from NABVENTURES. Gurugram-based early learning brand LiLLBUD has raised Rs 6 crore in a seed round led by Zeropearl VC, with participation from Shadowfax CEO Abhishek Bansal, CRED founder Kunal Shah, and a syndicate of consumer and supply-chain operators. Co-founded in May 2025 by Abhishek Sharma and Ayush Bansal, LiLLBUD makes BIS-certified, Montessori-inspired toys for children aged 0 to 3. The company claims an ARR of Rs 3.5 crore and a catalogue of over 200 SKUs. Funds will go toward launching 100 new SKUs and deepening quick commerce distribution. AI-native incident management startup Sherlo
