• Startup Pulse
    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. PowerUp Money raises $10 million in a round led by Flourish Ventures, with existing investors Peak XV Partners, Accel, Blume Ventures, Kae Capital, 8i Ventures and DeVC 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. PowerUp Money raises $10 million in a round led by Flourish Ventures, with existing investors Peak XV Partners, Accel, Blume Ventures, Kae Capital, 8i Ventures and DeVC participating.
  • The Technology Behind Pune Metro Line 3: Siemens’ Turnkey Rail Solutions Revealed

    Siemens Turnkey Rail Solutions for Pune Metro Line 3

    Pune: Siemens Limited has delivered an integrated suite of turnkey rail solutions for Pune Metro Line 3, which has commenced commercial passenger operations following its inauguration by Prime Minister Narendra Modi.

    The turnkey rail solutions delivered by Siemens for the 23-kilometre Pune Metro Line 3 corridor include advanced electrification, signaling, communications and depot systems.

    The technologies are designed to enable intelligent, safe and reliable metro operations across the elevated corridor.

    The scope of the turnkey rail solutions includes systems integration, 750V DC third-rail electrification, Communications-Based Train Control (CBTC), integrated communications systems, project management and depot equipment.

    Siemens Limited has also undertaken 10 years of maintenance for the electrification and signaling systems as part of the project scope.

    The maintenance support is aimed at supporting the long-term reliability and performance of these systems.

    Siemens Limited was part of a consortium together with Siemens AG and its partners for the Pune Metro Line 3 project.

    Rajeev Joisar, Head of Mobility Business, Siemens Limited, said, “The commencement of Pune Metro Line 3 commercial operations is a landmark achievement in India’s urban mobility journey.

    The successful collaboration between Tata Group company and Siemens highlights the potential of public-private partnerships to drive future metro expansion across the country.

    Overcoming the complexities, our teams worked relentlessly to deliver advanced electrification, signaling and communications technologies that ensure safe, intelligent and reliable metro operations. This metro corridor will improve connectivity between Hinjewadi and Shivajinagar, reduce travel time by around 50%, and contribute to the sustainable growth and development of Pune city.”

    Pune Metro Line 3 Developed Under PPP Model

    Pune Metro Line 3 was developed under the Public-Private Partnership (PPP) model in line with the Government of India’s New Metro Rail Policy.

    The project was developed by Pune IT City Metro Rail Limited, a special purpose company formed through a joint venture between TRIL Urban Transport Private Limited, a Tata Group company, and Siemens Project Ventures GmbH, a subsidiary of Siemens Financial Services, under the PPP route.

    The deployment of turnkey rail solutions across the corridor includes electrification, signaling, communications and depot systems aimed at supporting safe and reliable metro operations.

    23-Km Corridor Connects Hinjewadi and Shivajinagar

    The Pune Metro Line 3 is a 23-kilometre elevated metro corridor connecting Hinjewadi with Shivajinagar.

    Hinjewadi is one of Pune’s largest IT and business hubs, while Shivajinagar is a major connectivity point in the city. The corridor is expected to significantly enhance connectivity across one of Pune’s busiest mobility corridors.

    The turnkey rail solutions provided by Siemens include 750V DC third-rail electrification and CBTC technology, along with integrated communications systems and depot equipment.

    Once fully operational, Pune Metro Line 3 is expected to reduce travel time between Hinjewadi and Shivajinagar by around 50%, providing commuters with a faster, more efficient and sustainable mode of transport.

    The commencement of commercial passenger operations marks the operational phase of the corridor, with Siemens’ turnkey rail solutions supporting electrification, signaling, communications and other metro infrastructure systems.

    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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