• Startup Pulse
    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. Dispatch Network raises ₹5 crore in a pre-seed round led by Antler India, with angel investors participating. Two Point O Capital raises $10 million in a round led by Transition Venture Capital, with Omnivore and angel investors 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. Dispatch Network raises ₹5 crore in a pre-seed round led by Antler India, with angel investors participating. Two Point O Capital raises $10 million in a round led by Transition Venture Capital, with Omnivore and angel investors participating.
  • Equinix CN1: AI-Ready Data Center Launched in Chennai with USD 69M Investment

    Equinix CN1

    Chennai: Equinix, Inc. (Nasdaq: EQIX) has officially opened its first International Business Exchange (IBX) data center in Chennai, India.

    The new facility, Equinix CN1, represents an initial investment of US$69 million and is designed to accelerate India’s growth as a technology and AI-driven innovation hub.

    Located on nearly six acres of land in Siruseri, Tamil Nadu, Equinix CN1 is strategically connected to the company’s Mumbai campus, which houses three IBX data centers.

    The Chennai facility is purpose-built to support India’s rapid cloud adoption, digital sovereignty requirements, and increasing demand for AI-ready infrastructure.

    Also Read: Airtel Africa Launches Nxtra Data Center at Tatu City with 44MW Capacity

    Equinix CN1: AI-Ready Data Center with Advanced Capabilities

    In its first phase, Equinix CN1 offers 800 cabinets of capacity, with a planned expansion to 4,250 cabinets. The facility is engineered for 99.999% uptime and supports Equinix interconnection services, including Equinix Fabric, enabling enterprises to build secure, hybrid multicloud architectures.

    The Chennai data center also integrates liquid cooling technology to handle high-density, compute-intensive workloads essential for AI, machine learning, and other advanced digital applications.

    Expanding Digital Ecosystem in India

    Equinix currently supports more than 300 companies in India, including major network service providers and five internet exchanges. With CN1, businesses in Chennai gain direct, low-latency access to cloud service providers such as Amazon Web Services, Google Cloud, Microsoft Azure, and Oracle Cloud.

    “Our new IBX data center in Chennai reinforces our long-term commitment to India’s digital growth,” said Manoj Paul, Managing Director, India, Equinix.

    “The success of our interconnected ecosystem in Mumbai will now extend to Tamil Nadu, enabling enterprises to scale their digital services while supporting sustainability and innovation.”

    Also Read: AI Commerce Center of Excellence Launched by LTIMindtree in Partnership with Shopify

    Global Reach with Local Impact

    Equinix operates more than 270 data centers across 77 markets in 36 countries, serving over 10,000 customers worldwide. In the Asia-Pacific region, Equinix maintains over 60 data centers across key metros in Australia, China, Hong Kong, India, Indonesia, Japan, Korea, Malaysia, the Philippines, and Singapore.

    The Chennai launch marks a milestone in India’s expanding digital economy, positioning the country as a central hub for global enterprises seeking AI-ready, sustainable, and scalable infrastructure.

    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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