• 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.
  • Coastal Research Vessels: Titagarh Rail Systems Secures INR 467.25 Crore GRSE Contract

    Titagarh Rail Systems

    Kolkata: Titagarh Rail Systems Limited (TRSL), an engineering and rolling stock solutions provider, has achieved a historic milestone with its Shipbuilding and Maritime Systems (SMS) Division securing the company’s largest-ever order worth ₹467.25 crore from Garden Reach Shipbuilders & Engineers (GRSE).

    The contract covers the construction, trials, and delivery of two Coastal Research Vessels (CRVs) for the Geological Survey of India (GSI).

    Titagarh Rail Systems Strengthens India’s Maritime Research Capabilities

    The new CRVs will play a vital role in advancing India’s maritime research infrastructure. Designed to conduct seabed mapping, offshore mineral exploration, ocean environment monitoring, and onboard scientific analysis, the vessels will significantly enhance the Geological Survey of India’s capacity for long-duration research missions.

    Also Read: Godrej Aerospace Bags Major Engine Parts Contract from Pratt and Whitney

    Built for operations within India’s Exclusive Economic Zone (EEZ) at depths of 5–1000 meters, each vessel is engineered with a 30-year service life. They will feature eco-friendly electric propulsion, 360-degree rotatable thrusters, and DP1 dynamic positioning technology to ensure smooth and precise manoeuvring.

    Onboard, the CRVs will host three modern laboratories equipped with 22 types of advanced scientific equipment, providing cutting-edge facilities for real-time data processing and sample analysis.

    Titagarh Rail Systems Showcases Proven Legacy in Shipbuilding

    Titagarh Rail Systems has decades of expertise in shipbuilding, having delivered over 35 vessels for institutions including the Indian Navy, Coast Guard, NIOT, and GRSE. One of its vessels was notably showcased at the 12th Presidential Fleet Review, a rare recognition for a non-defense vessel.

    Speaking about the order, Umesh Chowdhary, Vice Chairman and Managing Director of Titagarh Rail Systems Limited, stated: “We are honoured to partner with GRSE for the construction of Coastal Research Vessels for the Geological Survey of India. This milestone reflects our strong collaboration with GRSE and reaffirms our capabilities in delivering world-class maritime assets aligned with India’s vision of strengthening its shipbuilding infrastructure.”

    Also Read: ZF Group Secures Landmark Powertrain and Tire Testing Orders in India

    Titagarh Rail Systems Expands Capacity with New Shipyard

    TRSL’s Shipbuilding & Maritime Systems Division is establishing a state-of-the-art shipyard at Falta, near Kolkata, designed with Industry 4.0 automation. With the capacity to handle ships up to 180 meters and build 12–16 vessels annually, this facility marks a significant step in expanding TRSL’s role in India’s maritime sector.

    As part of this strategic expansion, the business will be transferred to a wholly owned subsidiary, Titagarh Naval Systems, with an order book exceeding ₹575 crore. This entity will focus on specialized vessel construction while TRSL continues to strengthen its railway systems business.

    Titagarh Rail Systems: A Trusted Partner in India’s Maritime Growth

    With a proven track record and strong alignment with national initiatives such as the National Shipbuilding Mission and the Shipbuilding Financial Assistance Policy, Titagarh Rail Systems is committed to innovation, self-reliance, and skill development to position India as a global shipbuilding hub.

    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.

    Back to top