• 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.
  • Absolute Sports Acquires TJRWrestling and ITRWrestling

    Absolute Sports

    Pune: Absolute Sports, a wholly owned subsidiary of Nazara Technologies and the parent company of Sportskeeda.com, has announced the acquisition of two prominent pro wrestling media properties – TJRWrestling.net and ITRWrestling.com – from Titan Insider Digital.

    The deal marks a significant step in Absolute Sports’ strategy to solidify its leadership in global combat sports media.

    The transaction, valued at $1.25 million (~₹10.5 crore), will be completed as an all-cash asset purchase through its U.S.-based subsidiary Sportskeeda Inc., with the closing expected within 45 days.

    TJRWrestling and ITRWrestling are among the most recognized wrestling news platforms globally, attracting a combined 1.7 million monthly active users and generating 4.6 million monthly pageviews, primarily from North American audiences. In 2024, the platforms together reported $722,000 (~₹6.1 crore) in revenue.

    “This acquisition aligns with our vision to become the go-to destination for premium wrestling content globally,” said Ajay Pratap Singh, CEO of Absolute Sports. “ITRWrestling and TJRWrestling have built immense trust in the wrestling community, and integrating them with Sportskeeda will allow us to deepen fan engagement and enhance advertiser value.

    It also strengthens our U.S. footprint, the largest pro-wrestling market in the world.”

    Absolute Sports Dominance

    The acquisition is set to significantly bolster Absolute Sports’ digital publishing portfolio and further establish its dominance in the combat sports ecosystem. It is also expected to create new monetization avenues and user engagement strategies through enriched content, live coverage, and interactive media formats.

    With this move, Absolute Sports reaffirms its commitment to a targeted M&A strategy that accelerates growth in international markets, particularly in the fast-evolving sports and entertainment media space.

    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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