• Startup Pulse
    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. 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. 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. 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.
  • Air India Orders 30 Boeing 737 MAX Jets to Strengthen Single-Aisle Fleet Expansion

    Boeing 737 MAX Jets

    Air India has placed an order for 30 Boeing 737 MAX Jets, reinforcing its single-aisle fleet strategy as it scales domestic and regional operations in one of the world’s fastest-growing aviation markets.

    The latest order expands Air India’s total Boeing aircraft commitment to nearly 200 airplanes across single-aisle and widebody categories.

    The purchase includes 20 Boeing 737-8 aircraft and 10 Boeing 737-10 aircraft, both secured through the exercise of existing options.

    Boeing and Air India confirmed that the 737-8 order was finalised this month, while the 737-10 order had previously appeared as an unidentified customer order on Boeing’s Orders & Deliveries website.

    Also Read: Aviation Batteries: DST Institute and Industry Partner to Develop Smarter Cooling Solutions

    Boeing 737 MAX Jets Central to Air India’s Long-Term Fleet Strategy

    The additional Boeing 737 MAX Jets form part of Air India’s broader fleet modernisation and growth plan, aimed at enhancing capacity, efficiency, and operational commonality across its narrow-body network.

    The airline plans to deploy the 737-8 aircraft on high-frequency domestic and short-haul regional routes, leveraging their fuel efficiency, dispatch reliability, and range flexibility.

    The larger 737-10 variant is expected to support higher passenger volumes while offering the lowest cost per seat among single-aisle aircraft, allowing Air India to optimise network performance while maintaining fleet commonality.

    Commenting on the announcement, Campbell Wilson, CEO and Managing Director of Air India, said the additional order aligns with the airline’s long-term vision of becoming a world-class global carrier.

    He noted that the aircraft acquisitions build on the airline’s 2023 orders and subsequent additions, supporting steady fleet deliveries and upgrades planned over the coming years.

    Also Read: Sustainable Aviation Fuel: Air India and IndianOil Sign MoU for Green Aviation Future

    Boeing also highlighted the strong performance of Air India’s existing 737-8 fleet.

    Paul Righi, Vice President of Commercial Sales and Marketing for Eurasia, India and South Asia at Boeing, said the order underscores Air India’s confidence in the Boeing 737 MAX Jets to deliver capacity, versatility, and efficiency as the airline expands connectivity across India and South Asia.

    According to Boeing’s Commercial Market Outlook, the Indian and South Asian aviation market will require nearly 3,300 new airplanes over the next two decades, with approximately 90% expected to be single-aisle aircraft such as the 737 MAX.

    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