• 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.
  • Activa Sales in Maharashtra Hit 5 Million as HMSI Marks 25-Year Milestone

    Activa sales in Maharashtra

    Mumbai: Activa sales in Maharashtra have crossed the significant 5 million cumulative mark, as Honda Motorcycle & Scooter India (HMSI) announced a major milestone for its flagship scooter in one of the country’s most important two-wheeler markets.

    The landmark has been achieved over a span of 25 years, reflecting sustained customer preference and strong market presence across the state.

    The milestone is powered by consistent demand across key markets including Pune, Mumbai, Thane, Nagpur and Navi Mumbai. These cities continue to play an important role in shaping mobility trends, where two-wheelers remain a practical and dependable mode of everyday transport.

    The steady rise in Activa sales in Maharashtra is supported by a wide customer network backed by over 700 sales and service touchpoints across the state, enabling accessible ownership, reliable after-sales support and long-term customer confidence.

    Also Read: Raptee HV Begins Large-Scale Deliveries of T30 with 8-Year Battery Warranty

    Mutsuo Usui, Director – Sales & Marketing, Honda Motorcycle & Scooter India, said, “Crossing 5 million Activa sales in Maharashtra reflects the deep trust customers have placed in the brand over the past 25 years. Maharashtra remains one of the most dynamic markets and this achievement highlights how dependable mobility continues to shape everyday commuting. Our focus remains on strengthening customer experience, expanding reach, and ensuring Activa continues to meet the evolving expectations of riders across the state.”

    Activa Sales in Maharashtra: Strong Resale Value and Extensive Service Reach

    Activa sales in Maharashtra have been supported by the scooter’s strong resale value and extensive service reach, which have contributed to its continued popularity. Customers in the state view the scooter as a practical long-term investment that balances performance, efficiency and ownership convenience.

    The growth also reflects the model’s adaptability to both urban commuting and semi-urban usage, strengthening its appeal across geographies.

    Over the years, Activa has built a strong identity around product quality, durability and everyday usability, making it a trusted choice for riders across age groups.

    The continued rise in sales highlights the scooter’s ability to evolve with changing customer expectations. Throughout its journey, the model has consistently upgraded its technology and enhanced the overall riding experience, securing its place as a preferred two-wheeler for families.

    The introduction of the ACTIVA e: marked a forward step, expanding choices for customers while maintaining the trusted balance of comfort and performance that has driven Activa sales in Maharashtra over the decades.

    With a robust dealer network across India, HMSI has ensured seamless sales and service access for Activa customers, further supporting Activa sales in Maharashtra and across other states.

    Also Read: SIAM Motor Vehicle Data January 2026 Signals Strong Start for Auto Industry

    Apart from the Activa in 110cc and 125cc avatars, the company’s scooter line-up includes Dio in 110cc, 125cc and 125-X versions. In the motorcycle category, HMSI offers models across 100-110cc (Shine 100, Shine 100 DX & Livo), 125cc (Shine 125, SP125 and CB125 Hornet), 160cc (Unicorn & SP160) and 180-200cc (Hornet 2.0 & NX200) segments. HMSI has also ventured into the EV segment with the ACTIVA e: and QC1 electric scooters.

    HMSI’s premium motorcycle retail format is led by BigWing Topline for its entire premium motorcycle range (200cc – 1800cc) in top metros and BigWing for the mid-size motorcycle segment (200cc – 500cc). Its motorcycle portfolio includes models such as the all-new CB350, H’ness CB350, CB350RS, CB300F, CB350C, CB300R, NX500, CB650R, CBR650R, XL750 Transalp, Hornet 1000 SP, X-Adv and Gold Wing Tour. The Hornet 2.0 and NX200 are now retailed via BigWing showrooms as well.

    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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