• Startup Pulse
    Greenjoules raises ₹150 crore in a Series B round co-led by Amazon Smbhav Venture Fund and Climate Pledge Fund, with Rainmatter and Singularity Strategic Autonomy Fund participating, and secures a separate ₹100 crore loan from the Technology Development Board. London-based fintech startup Seva Money announced a $5 million seed funding round co-led by Blockwall and Revent, with participation from Seedcamp. 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. O-Health raises an undisclosed amount of funding from Sangita Reddy, BugleRock Capital, Perpetual Capital, Ankit Nagori and Varun Dua. 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. Greenjoules raises ₹150 crore in a Series B round co-led by Amazon Smbhav Venture Fund and Climate Pledge Fund, with Rainmatter and Singularity Strategic Autonomy Fund participating, and secures a separate ₹100 crore loan from the Technology Development Board. London-based fintech startup Seva Money announced a $5 million seed funding round co-led by Blockwall and Revent, with participation from Seedcamp. 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. O-Health raises an undisclosed amount of funding from Sangita Reddy, BugleRock Capital, Perpetual Capital, Ankit Nagori and Varun Dua. 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.
  • Pulse Candy Hits INR 750 Cr in Sales, Plans Global Expansion and Format Innovation

    Pulse Candy

    New Delhi: Pulse Candy, the flagship hard-boiled confectionery brand from the DS Group (Dharampal Satyapal Group), has surpassed ₹750 crore in consumer price sales in FY 2024-25, firmly cementing its status as India’s largest distributed hard-boiled candy.

    This milestone equates to a staggering 750 crore units sold, marking a defining moment in the brand’s journey since its revolutionary debut in 2015.

    Also Read: Amazon Propel Global Business Accelerator: Auric, ISAK, Fix My Curls Win Season 4

    With a compound annual growth rate (CAGR) of 15% over the last three fiscal years – significantly outpacing the industry average of 9% – Pulse Candy continues to lead with a dominant 19% market share in India’s highly competitive hard-boiled candy segment.

    “Pulse is not just a candy – it’s an experience that changed the confectionery landscape,” said Rajiv Kumar, Vice Chairman, DS Group. “Our goal is to scale Pulse into a multi-format, multi-occasion offering, tapping into India’s love for ethnic flavors while expanding our global footprint.”

    Pulse Candy: Disruptive Innovation in Indian Confectionery

    Launched in 2015, Pulse Candy disrupted the traditional candy market by introducing a bold kachcha aam (raw mango) flavor with a signature tangy core, catering to Indian taste preferences.

    Priced at ₹1 when most competitors sold at 50 paise, Pulse redefined value through taste innovation and packaging. Its iconic tagline – “Pran Jaaye Par Pulse Na Jaaye” – struck a chord across demographics, making it the first impulse candy brand to find equal favor with adults and children.

    DS Group’s deep-rooted expertise in Indian flavors and its robust 35 lakh+ outlet distribution network played a pivotal role in Pulse’s meteoric rise.

    The brand’s viral popularity was driven by word-of-mouth, organic celebrity endorsements, user-generated content, and clutter-breaking campaigns, such as:

    • Pulse of the Sky: Limca Book of Records entry for flying 1,150 kites
    • Pulse Ganesh Mahotsav & Pulse Ka Pandal: Immersive consumer engagement activations
    • Multiple creative awards including Abbys South Asia and Kyoorius

    Beyond Raw Mango: Innovation, Formats, and Extensions

    To maintain relevance in India’s fast-moving FMCG space, DS Group has rolled out new flavors like Guava, Pineapple, Orange, Litchi, and soft-chew innovations like Pulse Shots and Pulse Golmol – Imli Flavour. The latter offers a nostalgic, tangy tamarind twist in a soft-chew format, combining traditional taste with modern formats.

    Also Read: Ranveer Singh-Backed SuperYou Grows 22.8 Per Cent in AOV with Anphonic Integration

    “Pulse expanded the candy universe by speaking to adult palates and cultural nostalgia,” said Kumar. “It’s a classic example of blending tradition with innovation.”

    Part of a Bigger Ethnic Confectionery Strategy

    DS Group continues to dominate India’s ethnic confectionery segment with brands like:

    • Pass Pass: Multi-flavor mouth fresheners
    • Rajnigandha Silver Pearls: Premium silver-coated cardamom pearls
    • Chingles, Oval, Piata, Cherio, and the growing LuvIt portfolio

    With an eye on regional flavors, product innovation, and omni-channel distribution, the Group has turned India’s fragmented candy market into an organized and brand-led category.

    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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