• 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.
  • Rosy Blue Foundation Launches ARRA Scholarship for Academically Exceptional Students

    ARRA Scholarship

    Pune: The Rosy Blue Foundation, the CSR and philanthropic arm of global diamond and jewellery leader Rosy Blue, has officially launched the ARRA Scholarship – a flagship education initiative aimed at empowering academically exceptional Indian students through full financial assistance at India’s top universities.

    Named in memory of Late Shri Ramniklalbhai Rajmalbhai Mehta and Late Shri Arunkumar Ramniklalbhai Mehta, the ARRA (Arunkumar and Ramniklal Mehta) Scholarship was piloted successfully in 2024 and has now formally opened its doors to a broader pool of meritorious applicants.

    Designed to eliminate financial obstacles for talented youth, the ARRA Scholarship is both merit- and means-based, available to students whose annual family income does not exceed ₹35 lakhs.

    It offers full scholarships to deserving candidates pursuing undergraduate or postgraduate studies across diverse disciplines including Engineering, Medicine, Law, Science, Architecture, Management, Liberal Arts, and more.

    “The ARRA Scholarship represents our dedication to supporting India’s future leaders, thinkers, and innovators. By offering full financial support and mentorship, we are investing in human potential and honoring the legacy of two extraordinary individuals who believed in education as a transformative force,” said Russell Mehta, Director, Rosy Blue Foundation & Chairperson, ARRA Scholarship.

    ARRA Scholarship – Inclusive by Design

    The scholarship is inclusive by design, open to students from all walks of life without regard to caste, religion, or community. In its inaugural year, nine full scholarships were awarded to students admitted to prestigious institutions such as IIT Delhi, IIM Ahmedabad, BITS Pilani, CEPT Ahmedabad, Ashoka University, and Seth GS Medical College, among others.

    The ARRA Scholarship is also committed to providing continuous mentorship and community engagement, helping students thrive both academically and personally.

    The initiative is part of Rosy Blue Foundation’s long-term vision to create a robust, future-ready talent pool that contributes meaningfully to India’s socio-economic development.

    Looking ahead, the Foundation plans to expand the program’s reach by onboarding more top-tier academic institutions, enhancing its digital presence, and fostering a strong community of alumni and mentors.

    For more details or to apply, students can visit the official ARRA Scholarship page through the Rosy Blue Foundation.

    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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