• Startup Pulse
    altM raises $10.3 million in a Series A round led by Rainmatter by Zerodha and Mela Ventures, with Omnivore, Theia Ventures, Aureolis Ventures, Spectrum Impact and strategic angel investors participating. Venomics AI raises $2.7 million in a pre-seed round co-led by Speciale Invest and South Park Commons, with Operators Studio participating. 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. altM raises $10.3 million in a Series A round led by Rainmatter by Zerodha and Mela Ventures, with Omnivore, Theia Ventures, Aureolis Ventures, Spectrum Impact and strategic angel investors participating. Venomics AI raises $2.7 million in a pre-seed round co-led by Speciale Invest and South Park Commons, with Operators Studio participating. 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.
  • Indian Researchers Could Soon Access EU Research Funding as Horizon Europe Talks Conclude

    Horizon Europe

    New Delhi: India and the European Union (EU) have successfully concluded negotiations for India’s association with Horizon Europe, the EU’s flagship research and innovation programme.

    The development marks a significant step towards establishing a long-term institutional framework for research and innovation cooperation between India and the EU, building on their existing research and development (R&D) projects and collaboration under the India-EU Agreement on Science and Technology Cooperation and the India-EU Trade and Technology Council.

    The association with Horizon Europe will enable Indian researchers, academic institutions and industry participants to access funding opportunities under the programme through collaborative research projects.

    It will also provide Indian participants with access to European research consortia and advanced research infrastructure, creating opportunities for greater international research collaboration.

    The partnership is expected to strengthen cooperation in research and innovation while facilitating talent mobility between India and European countries. It will also support the co-development of critical technologies, standards and solutions at scale.

    Horizon Europe covers several research and innovation areas under Pillar II, including health, digital technologies, industry and space, climate, energy and mobility, food and the bioeconomy.

    These thematic clusters closely align with India’s research priorities and offer opportunities to build on the country’s existing scientific strengths.

    Through its association with Horizon Europe, India will be able to strengthen its innovation ecosystem by expanding access to international research collaborations, funding opportunities and advanced technological infrastructure. The development also adds significant value to India’s efforts towards achieving the vision of Viksit Bharat 2047.

    India-EU Horizon Europe Association: Timeline of Negotiations

    The exploration of India’s possible association with Horizon Europe was initiated following the historic India-EU Summit held on January 27, 2026.

    Subsequently, formal negotiations for India’s association with the programme were initiated as an outcome of the ministerial meeting of the India-EU Trade and Technology Council held in Brussels on July 15, 2026.

    With negotiations now successfully concluded, India’s association with Horizon Europe marks an important milestone in strengthening research, scientific and technological cooperation between India and the European Union.

    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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