• Startup Pulse
    EloElo Group raises $80 million in a Series C round led by Hornbill Capital and NBCUniversal, with MIT Investment Co. and existing investors participating. Peppermint Robotics raises ₹100 crore (approximately $10.5 million) in a Pre-Series B round led by pi Ventures and Crane Venture Partners, with Asiana Fund participating. Traversal raises $120 million in a Series B round at a $1 billion valuation, led by Kleiner Perkins, Redpoint and Khosla Ventures, with Sequoia Capital, Battery Ventures and Amex Ventures participating. GIVA raises over $100 million in a round led by Multiples Alternate Asset Management. The Croffle Guys raises ₹14 crore in a round led by V3 Ventures, with N.A.N Partners participating. Solgram raises over $1 million in a pre-seed round led by DSG Consumer Partners and Saama Capital, with Kapil Chopra participating. Sachin Tendulkar makes a strategic investment in Metasports Interactive, the company behind Hitwicket. The amount was not disclosed. Hyeglo Beauty raises ₹7 crore in a round led by Sauce, with Giga Capital, Consumer Collective, Reckitt's Arjun Purkayastha and The Patient Capital participating. Unify Foodworks raises ₹5 crore in seed funding through convertible debentures from Atrium Ventures, SailThru Ventures, Arjun Vaidya and Abhishek Goyal. OBSESS raises approximately ₹3 crore in an angel round from Pushpendra Singh, Amit Goel and Harshit Vij. EloElo Group raises $80 million in a Series C round led by Hornbill Capital and NBCUniversal, with MIT Investment Co. and existing investors participating. Peppermint Robotics raises ₹100 crore (approximately $10.5 million) in a Pre-Series B round led by pi Ventures and Crane Venture Partners, with Asiana Fund participating. Traversal raises $120 million in a Series B round at a $1 billion valuation, led by Kleiner Perkins, Redpoint and Khosla Ventures, with Sequoia Capital, Battery Ventures and Amex Ventures participating. GIVA raises over $100 million in a round led by Multiples Alternate Asset Management. The Croffle Guys raises ₹14 crore in a round led by V3 Ventures, with N.A.N Partners participating. Solgram raises over $1 million in a pre-seed round led by DSG Consumer Partners and Saama Capital, with Kapil Chopra participating. Sachin Tendulkar makes a strategic investment in Metasports Interactive, the company behind Hitwicket. The amount was not disclosed. Hyeglo Beauty raises ₹7 crore in a round led by Sauce, with Giga Capital, Consumer Collective, Reckitt's Arjun Purkayastha and The Patient Capital participating. Unify Foodworks raises ₹5 crore in seed funding through convertible debentures from Atrium Ventures, SailThru Ventures, Arjun Vaidya and Abhishek Goyal. OBSESS raises approximately ₹3 crore in an angel round from Pushpendra Singh, Amit Goel and Harshit Vij.
  • Paranjape Schemes Raises INR 150 Crore from WSB for Strategic Land Acquisition in Pune

    Paranjape Schemes

    Pune: Real estate developer Paranjape Schemes has secured ₹150 crore from WSB Real Estate Partners and its co-investors to fund strategic land acquisitions in Pune. The investment will focus on unlocking high-potential land parcels across the company’s flagship township projects.

    The funding marks a continuation of the trusted partnership between Paranjape Schemes and WSB Real Estate Partners. Over the years, WSB has supported multiple investments with the developer, underscoring strong confidence in its execution capabilities and long-term vision.

    Also Read: Ananda Athashri in Pune: Affordable Senior Living Backed by India Housing For All

    Capital Infusion to Unlock Blue Ridge and Forest Trails Expansion

    The ₹150 crore raised will be deployed to activate new residential phases within two of Paranjape’s landmark townships: Blue Ridge in Hinjawadi and Forest Trails in Bhugaon. These expansions will further enhance community infrastructure, scale, and lifestyle offerings for residents.

    Legacy of Excellence in Real Estate Development

    With a legacy spanning more than 35 years, Paranjape Schemes has delivered over 25 million sq. ft. of built space and more than 20,000 homes across Maharashtra. Its portfolio includes notable projects such as Blue Ridge, Forest Trails, and the pioneering Athashri senior living communities.

    Also Read: Global Tax Tech Leader Avalara Sets Up Pune Office to Support APAC Operations

    Commenting on the development, Rahul Paranjape, Director – Corporate Finance at Paranjape Schemes, said: “We value our long-standing relationship with WSB Real Estate Partners and are pleased to receive their continued support. This investment allows us to unlock strategic land parcels and fast-track our next phase of growth, with a development potential of up to ₹2,500 crore in revenue. It aligns with our long-term vision of building vibrant, integrated communities that enrich the lives of our residents.”

    About Paranjape Schemes

    Founded over three decades ago, Paranjape Schemes has completed more than 210 projects across 9 cities, with a strong presence in both residential and commercial real estate. The developer is a pioneer in senior living through its Athashri communities and has also introduced curated housing for differently-abled residents. While Pune remains its core market, the company has expanded its presence to Mumbai, Thane, Bengaluru, and Vadodara.

    Author

    • Salil Urunkar

      Salil Urunkar is a senior journalist and the editorial mind behind Sahyadri Startups. With years of experience covering Pune’s entrepreneurial rise, he’s passionate about telling the real stories of founders, disruptors, and game-changers.

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