• 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.
  • Mahindra Powerol Dominates Genset Market with CPCB4+ Compliant Innovations

    Mahindra Powerol

    Mumbai: Mahindra Powerol, a division of Mahindra & Mahindra Ltd., has achieved a significant industry milestone by being named India’s No. 1 genset manufacturer for FY25, according to the latest DG Tracker report by Frost & Sullivan.

    The company recorded a 23.8% market share by volume, becoming the top player in a segment that saw 1,51,634 units sold during the fiscal year.

    This recognition marks a turning point in India’s diesel genset market, where Mahindra Powerol has steadily gained ground through product innovation, regulatory compliance, and sectoral expansion.

    “This achievement reflects our commitment to providing reliable and future-ready power solutions,” said Sanjay Jain, Senior Vice President and Business Head, Mahindra Powerol.

    “Our long-standing leadership in the telecom sector, expansion into retail, and CPCB4+ readiness have been instrumental in our growth.”

    Mahindra Powerol: Leading the Charge in CPCB4+ Compliant Gensets

    Mahindra Powerol’s growth trajectory in FY25 was strongly supported by the successful launch and adoption of its CPCB4+ compliant gensets, which meet the latest emission norms mandated by India’s Central Pollution Control Board.

    These next-generation gensets offer higher fuel efficiency, lower emissions, and robust performance, aligning with India’s clean energy transition goals.

    Continued Dominance in the Telecom Sector

    With a market share exceeding 55% in the telecom segment for over 15 years, Mahindra Powerol remains the preferred power backup partner for leading telecom operators across India.

    The company’s gensets are known for durability, low maintenance, and 24/7 dependability, making them critical for uninterrupted telecom operations in urban and remote areas.

    Retail Segment Expansion Adds to Growth

    In FY25, Mahindra Powerol also strengthened its footprint in the competitive retail genset market, supported by a nationwide network, enhanced service delivery, and product innovations. This growth contributed significantly to the company’s leading position in India’s genset industry.

    A Trusted Brand in Power Solutions

    As India’s top genset manufacturer, Mahindra Powerol continues to invest in technology, customer service, and sustainability, positioning itself as a future-ready power solutions provider for diverse industries.

    “We are thankful to our partners and customers for their trust. We remain focused on delivering efficient and eco-conscious power solutions that fuel India’s growth,” added Jain.

    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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