Mind S.r.l. announced that it will receive a round of funding on August 9, 2021. On the same day, the company has received up to ?2 million in an equity round of first tranche from returning investor Sundaram Finance Holdings Limited. The investor will acquire up to 8.30% stake in the company and its stake will increase from 40.60% to 48.90% stake. The transaction is subject to all necessary statutory and regulatory approvals and is expected to close by end of September 2021. The transaction is approved by the board of the investor.