• 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.
  • Amaravati Quantum Valley to Position Andhra Pradesh as Global Quantum Innovation Hub

    Amaravati Quantum Valley

    Amaravati, AP: The Amaravati Quantum Valley initiative is set to mark a defining milestone in India’s science and technology journey with its Foundation Ceremony scheduled for February 7 in Amaravati.

    Conceived as a next-generation innovation ecosystem, the initiative aims to position Andhra Pradesh as a global hub for quantum research, cutting-edge innovation, talent development, and deep industry collaboration.

    N Chandrababu Naidu, Chief Minister of Andhra Pradesh; Dr Jitendra Singh, Union Minister of State (Independent Charge) for the Ministry of Science and Technology & Earth Sciences; and Nara Lokesh, Minister for IT, Electronics, RTGS & Education, Andhra Pradesh, will grace the occasion.

    The ceremony will also bring together globally renowned scientists, academic leaders, and top industry representatives from India’s leading technology and engineering companies.

    Also Read: Quantum Resilient Cybersecurity: BISAG-N Signs MoU with QNu Labs

    Amaravati Quantum Valley Foundation Ceremony Highlights

    The Amaravati Quantum Valley foundation ceremony will feature a series of launches and Memorandum of Understanding (MoU) exchanges reflecting strong industry–academia–government collaboration.

    These include the launch of the AQV logo, announcement of prize money to winner, and the launch of quantum cloud services by IBM and TCS.

    Major institutional collaborations will be formalised through the establishment of the IBM–TCS Quantum Innovation Center (QIC), the Quantum Talent Hub, and a Quantum Reference Facility by SRM University.

    In addition, a Quantum-Safe Application by QClairvoyance Quantum Labs will be launched, along with the signing of MoUs with nine leading companies, signalling strong private-sector participation in the quantum ecosystem.

    The Amaravati Quantum Valley event will also include dignitaries’ interaction with students from the AQV Hackathon programme and start-ups from Medha Towers, highlighting the initiative’s strong focus on youth, innovation, and entrepreneurship.

    Also Read: QuantrolOx Launches VIDYAQAR, a Scalable Open-Architecture Quantum System

    Prof Abhay Karandikar, Secretary, Department of Science & Technology, Government of India; Prof Ajay Kumar Sood, Principal Scientific Adviser, Government of India; Bhaskar Katamneni, Secretary, ITE&C, Government of Andhra Pradesh; Kona Sasidhar, Secretary, Higher Education, Government of Andhra Pradesh; Prof V Kamakoti, Director, IIT Madras; M V Satish, Director & Advisor to the CMD, L&T; Dr Harrick Vin, CTO, TCS; and Dr Amith Singhee, Director, IBM Research India & CTO, IBM India/South Asia will also be present.

    The Amaravati Quantum Valley initiative underscores Andhra Pradesh’s commitment to building a future-ready innovation ecosystem aligned with India’s national science and technology priorities.

    It represents a decisive step toward building a globally competitive quantum ecosystem while reinforcing Andhra Pradesh’s position as a technology-forward state contributing to India’s leadership in next-generation technologies.

    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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