• 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.
  • Vyome Holdings Acquires MIT Spinout Oculo Health, Launches AI Psychiatrist Business Unit

    AI psychiatrist

    CAMBRIDGE, Mass.: Vyome Holdings, Inc. (Nasdaq: HIND), a clinical-stage healthcare holding company, announced the acquisition of substantially all assets of Oculo, Inc., an artificial intelligence startup spun out of the Massachusetts Institute of Technology (MIT).

    This strategic move marks Vyome’s entry into digital health with the creation of a new business unit focused on developing an AI psychiatrist for inflammation.

    Vyome Holdings to Develop AI Psychiatrist Targeting Inflammation

    As part of the transaction, Vyome will leverage Oculo’s AI assets to build an AI psychiatrist trained on datasets from the US and India.

    Also Read: Prosper AI Secures USD 5M to Solve Healthcare’s USD 450B Administrative Crisis

    The initiative aims to diagnose and help treat systemic inflammation by identifying behavioral drivers and biomarkers.

    The program will be overseen by a newly formed Vyome Board of Directors AI subcommittee, which includes Krishna Gupta, Mohanjit Jolly, and Stash Pomichter – all MIT alumni with expertise in AI and healthcare.

    “Innovation in AI offers an unprecedented opportunity to address inflammation, which remains one of the world’s biggest health challenges,” said Stash Pomichter, Director at Vyome.

    “Our vision is an AI psychiatrist that reduces dependence on steroids by targeting behavioral and biological factors driving systemic inflammation.”

    Creating a New Therapeutic Category

    Vyome aims to establish a novel therapeutic category at the intersection of mental health, psychoneuroimmunology, and digital health. Initial commercialization is planned for the US and India.

    Also Read: CitiusTech Knewron Debuts as AI Platform to Accelerate Healthcare Innovation

    Oculo’s existing research, including its work on biomarkers such as “brain burn,” will serve as a critical foundation for Vyome’s AI-driven initiatives.

    Alay Shah, Founder of Oculo, noted, “We launched Oculo to quantify the workings of the mind through AI. Vyome is now carrying forward that vision to address inflammation with human-in-the-loop AI.”

    Vyome Maintains Focus on Core Biotech Assets

    The acquisition of Oculo does not impact Vyome’s core biotech programs, which remain fully funded through 2026. Alongside its AI psychiatrist efforts, Vyome continues to advance biotech solutions targeting inflammation.

    Commenting on market potential, Mohanjit Jolly, Vyome Director and Partner at Iron Pillar, said, “The digital therapeutics market could surpass $100 billion in the next decade. By using AI to reduce reliance on harmful drugs and biologics, Vyome is positioned to transform healthcare outcomes.”

    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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