GrowthPal bags seed funding led by Ideaspring Capital
19 Jan 2026, 10:13 PMThe funding round also saw participation from prominent angel investors globally.
Team Head&Tale
GrowthPal, a strategic advisory and deal sourcing platform, has raised $2.6 million in its seed funding round led by Ideaspring Capital.
The funding round also saw participation from prominent angel investors globally, a statement said.
The startup will use the fresh capital to support product development and expand its presence across international markets.
GrowthPal was founded by Maneesh Bhandari, Shalu Mitruka, and Amaresh Shirsat in 2020. The startup operates an AI-powered M&A copilot that helps companies identify off-market acquisition targets and accelerate deal execution.
It noted that while platforms like PitchBook, D&B, Datasite, and Tracxn have made company data more accessible, they largely stop at aggregation.
GrowthPal addresses a different need by applying AI-driven reasoning to help teams identify which companies actually matter, based on strategic intent, sector context, and readiness to transact, it added.
"M&A sourcing is where most time and effort is wasted, especially for smaller and mid-market deals," said Maneesh Bhandari, co-founder and CEO of GrowthPal. "Teams spend weeks researching, filtering, and chasing opportunities that never go anywhere. We built GrowthPal to help buyers focus only on high-intent, high-fit targets and move from mandate to meaningful conversations far faster."
The company said that it has already supported more than 42 completed M&A transactions and facilitated over 210 Letter of Intent (LOI)-stage conversations across North America, Europe, Asia, and Latin America. In one case, a single client closed seven acquisitions within 18 months using the platform, it revealed.



