ICMG Group
ICMG Group took part in 2 disclosed rounds in Indian startups in 2026 (0 as lead), most often Series A rounds in Commerce & Consumer Brands; its latest was Blitz on 4 November 2026.
About ICMG Group
ICMG Group has backed Indian startups that StopDown covered, listed below.
Deals in 2026
| Date | Company | Round | Amount | Role | Co-investors | Story |
|---|---|---|---|---|---|---|
| 4 November 2026 | BL Blitz | Pre-Series B | ₹28.7 Cr | Participant | IvyCap Ventures, Vishal Dhupar | Story |
| 30 September 2026 | BLBlitz | Pre-Series B | ₹28.7 Cr | Participant | IvyCap Ventures, Vishal Dhupar | Story |
Stage and sector mix
Disclosed rounds ICMG Group took part in, by stage and by sector.
| Stage | 2026 | 2025 |
|---|---|---|
| Series A | 2 | 0 |
| Sector | 2026 | 2025 |
|---|---|---|
| Commerce & Consumer Brands | 2 | 0 |
Frequent co-investors
| Investor | Rounds together |
|---|---|
| IvyCap Ventures | 2 |
| Vishal Dhupar | 2 |
Indian portfolio
India-based companies only. Linked names have a StopDown page; the rest link up on their own as soon as we cover them.
ICMG Group in the news
- BLBlitz · Funding · 4 November 2026 · ₹28.7 CrBlitz raises ₹28.7 Cr at ₹440 Cr valuationBlitz runs fulfilment services for quick-commerce, helping fast delivery businesses move orders through its network
- BLBlitz · Funding · 30 September 2026 · ₹28.7 CrBlitz raises ₹28.7 crore in pre-Series B roundBlitz helps online brands promise deliveries within ten minutes, an hour, the same day or the next day, using dark stores and fulfilment centres
Questions about ICMG Group
How many investments did ICMG Group make in India in 2026?
StopDown has recorded 2 disclosed rounds in Indian startups with ICMG Group in 2026 so far, 0 of them as lead. The latest was Blitz on 4 November 2026 (₹28.7 Cr).
Which sectors does ICMG Group invest in?
In the 2025 and 2026 rounds StopDown recorded, ICMG Group invested most often in Commerce & Consumer Brands (2 rounds).
Does ICMG Group lead rounds?
In the 2 rounds StopDown recorded in 2025 and 2026, ICMG Group joined as a participant; none named it as the lead.