• 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.
  • FICO and Tech Mahindra Launch Centre of Excellence to Modernize Core Banking Globally

    FICO

    Pune: Global analytics software leader FICO (NYSE: FIC) has entered into a global partnership with Tech Mahindra (NSE: TECHM), a leading provider of technology consulting and digital solutions, to help banking, financial services, and insurance (BFSI) organizations accelerate value creation through AI-powered decisioning and advanced analytics.

    Under the partnership, Tech Mahindra will establish a dedicated Centre of Excellence (CoE) for the FICO Platform, aimed at supporting large-scale core banking modernization and intelligent decisioning for global financial institutions.

    The CoE will deliver end-to-end consulting, implementation, and managed services, enabling enterprises to fully leverage the capabilities of the FICO Platform and achieve faster, measurable business outcomes.

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    Tech Mahindra will apply its expertise in digital business transformation, cloud-native architectures, data engineering, and AI-led modernization to support customers’ transformation journeys.

    Leveraging its global delivery scale, industry frameworks, and accelerators, Tech Mahindra will ensure seamless integration of the FICO Platform within complex banking ecosystems, significantly reducing implementation risk and accelerating time-to-value for financial institutions.

    Harshul Asnani, President and Head – Europe Business, Tech Mahindra, said, “Enterprises are struggling to derive meaningful returns from their digital transformation investments. This challenge is amplified by a global shortage of data scientists and system architects, resulting in delayed implementations and fragmented decision-making. The partnership addresses this gap, bringing together FICO’s proven analytics platform with Tech Mahindra’s deep implementation expertise. Under this partnership, our skilled workforce will enable customers to drive innovation at scale and unlock measurable business outcomes.”

    Also Read: AI Procurement Platform 1Buy AI Raises $3.9 Million Led by 100Unicorns

    The partnership will also support financial institutions in transforming core banking environments by unifying fragmented decisioning systems into a single, AI-driven decisioning layer.

    FICO Platform Centre of Excellence to Drive Core Banking Modernization

    As part of the initiative, Tech Mahindra will launch dedicated skill development and enablement programs to train consultants on FICOs AI-driven decisioning tools, helping enterprises move from AI experimentation to production-ready deployments.

    By combining certified talent, reusable accelerators, and industry-aligned solutions, Tech Mahindra aims to help clients de-risk adoption while maximizing return on investment from FICO Platform deployments.

    Also Read: Ishan Technologies to Invest ₹300 Crore in Platform-Led Digital Infrastructure Across India

    “Businesses are looking for the fastest way to get value from FICO Platform,” said Alexandre Graff, Vice President for Global Partners & Alliances at FICO.

    “By leveraging Tech Mahindra’s FICO-trained experts, proprietary accelerators, and ready-to-deploy integrations, businesses can significantly reduce implementation risk and fast-track their digital transformation journeys.”

    While the initial focus of the partnership is on BFSI, the scope of the CoE will expand beyond banking as FICO and Tech Mahindra jointly develop industry-specific solutions leveraging the FICO Platform across additional sectors.

    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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