• Startup Pulse
    CapGrid raises ₹50 crore in a pre-Series B round led by Hero Enterprise Venture Partners at a ₹430 crore valuation, including primary and secondary transactions. Qiroko raises ₹1.5 crore in a pre-seed round led by ISV Capital, with angel participation. Manastu Space raises ₹22 crore from Gandhi Securities, Thacker Legacy Trusts and angel investors in an ongoing round. BAAS Technologies raises ₹49.98 lakh from AIC-RNTU Foundation under the GENESIS Investment Component. Docterz raises ₹5 crore in funding from Vineeta Singh, Avnish Anand and around 20 doctors who use the platform. AceBlend raises $9.91 million in a Series A2 round led by 3one4 Capital, with Fireside Ventures participating. Jagruti Rehabilitation Centre raises ₹28 crore in a Series A round led by Alkemi Growth Capital. Carbelim raises ₹10 crore from the IIT Madras Unicorn Frontier Fund. Viridian Ingni Propulsion raises ₹1.47 crore in a pre-seed round led by Inflection Point Ventures. Venttup raises $3 million in a pre-Series A round led by Rainmatter and Unicorn India Ventures. CapGrid raises ₹50 crore in a pre-Series B round led by Hero Enterprise Venture Partners at a ₹430 crore valuation, including primary and secondary transactions. Qiroko raises ₹1.5 crore in a pre-seed round led by ISV Capital, with angel participation. Manastu Space raises ₹22 crore from Gandhi Securities, Thacker Legacy Trusts and angel investors in an ongoing round. BAAS Technologies raises ₹49.98 lakh from AIC-RNTU Foundation under the GENESIS Investment Component. Docterz raises ₹5 crore in funding from Vineeta Singh, Avnish Anand and around 20 doctors who use the platform. AceBlend raises $9.91 million in a Series A2 round led by 3one4 Capital, with Fireside Ventures participating. Jagruti Rehabilitation Centre raises ₹28 crore in a Series A round led by Alkemi Growth Capital. Carbelim raises ₹10 crore from the IIT Madras Unicorn Frontier Fund. Viridian Ingni Propulsion raises ₹1.47 crore in a pre-seed round led by Inflection Point Ventures. Venttup raises $3 million in a pre-Series A round led by Rainmatter and Unicorn India Ventures.
  • Satyakam Arya Appointed President and CEO of Hino Motors, Effective April 2026

    Satyakam Arya

    Chennai: Daimler India Commercial Vehicles (DICV) has announced the appointment of Satyakam Arya as President and Chief Executive Officer of Hino Motors, effective April 1, 2026, subject to necessary board and shareholder approvals.

    In his new role, Satyakam Arya will oversee Hino Motors’ global operations from Tokyo, Japan. This strategic leadership transition aligns with the planned integration of Mitsubishi Fuso and Hino Motors, led jointly by Daimler Truck and Toyota Motor Corporation, under the forthcoming ARCHION operations framework.

    Satyakam Arya to Lead Hino Motors’ Global Transformation

    Achim Puchert, Member of the Board of Management, Daimler Truck Holding AG, praised Arya’s tenure at DICV, stating, “Satyakam has been an exceptional leader, demonstrating strategic foresight and a strong commitment to operational excellence and customer success. His ability to drive large-scale transformation makes him ideal for leading Hino Motors through its next growth phase.”

    Also Read: ZF Heavy Duty Clutch Solutions to Power Leading Commercial Vehicle OEM in India

    During Arya’s leadership, DICV achieved record profitability across its truck and bus portfolio while doubling its customer base and expanding BharatBenz’s dealership footprint from 182 to over 385 locations across India.

    DICV also became India’s first commercial vehicle manufacturer to transition fully to renewable energy and earned the IGBC Green Factory Building V2 certification, establishing new benchmarks in sustainability.

    Innovation remained a cornerstone of Arya’s leadership as DICV introduced EU-standard ECE R29-03 compliant cabins, TorqShift (AMT) tippers, and the HX Series, while smoothly transitioning to BS VI OBD2 norms. His focus on diversity, inclusion, and total quality management further strengthened DICV’s organizational culture through initiatives such as the ‘BharatBenz Way’.

    Satyakam Arya on the Future of India’s CV Sector and His New Role

    Commenting on the commercial vehicle industry, Satyakam Arya said, “India’s commercial vehicle sector is entering a transformative decade driven by infrastructure expansion and sustainable mobility. DICV’s strong foundation and leadership team are well-positioned to leverage these opportunities.”

    Speaking on his appointment, Arya added, “Leading Hino Motors is both an honour and a privilege. I look forward to driving the integration with Mitsubishi Fuso while building on Hino’s 80-year legacy and creating value across global markets.”

    Also Read: MOTOR Ai Secures USD 20 Million to Launch Level 4 Autonomous Vehicles

    Succession and Strategic Integration Ahead

    DICV has begun succession planning for its operations, with further announcements expected in the coming weeks.

    Arya’s appointment underlines the strategic significance of the Mitsubishi Fuso–Hino Motors integration, reaffirming Daimler and Toyota’s shared commitment to uniting operational excellence and global best practices.

    This move also marks a return to Japan for Arya, who previously spent four years with Daimler Truck Asia, where he was instrumental in leading transformation initiatives.

    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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