• 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.
  • ANAROCK PMES Debuts with 42 Active Client Contracts; Targets ₹300 Cr Revenue by FY28

    ANAROCK PMES

    Mumbai: Independent real estate services platform ANAROCK has announced the launch of ANAROCK PMES (Project Management & Engineering Services), marking a strategic expansion into end-to-end project delivery.

    With this launch, ANAROCK strengthens its position as a one-stop real estate solutions provider, offering integrated services spanning concept, construction, and completion.

    The newly launched ANAROCK PMES vertical begins operations with a strong foundation of over 500 professionals and 42 active client contracts across India.

    The vertical is expected to generate more than ₹125 Cr in revenue in FY 2026–27 and aligns with ANAROCK’s group-wide revenue target of ₹1,100 Cr.

    The company has outlined a clear growth roadmap to scale ANAROCK PMES revenue to ₹300 Cr by FY28, driven by rising demand for professional, technology-led project delivery in India’s real estate sector.

    Also Read: Housing Sales in Top 7 Cities Drop 14% in 2025, Value Crosses ₹6 Lakh Crore: ANAROCK

    ANAROCK PMES Leadership Team to Drive Pan-India Execution

    To lead the expansion of ANAROCK PMES, the company has onboarded a senior leadership team with deep domain expertise across residential, commercial, industrial, and mixed-use developments.

    Amit Jaitly has been appointed Managing Director for West and North India, while Tarunankur Nag will oversee Central and East India as Managing Director.

    Veeresh S Manjunatha leads Karnataka operations as Managing Director, and Nishanth Kumar will drive pan-India business development as Regional Director.

    The leadership team is supported by senior professionals including Amol Rane (Director Developments – West India), Vijay Kori (VP – Commercial Developments, Karnataka), Ramana Nagireddy (VP – Residential Developments, Karnataka), Anandkumar Patil (Senior Director – Andhra Pradesh & Telangana), and Mani Ganesh (Senior Director – Tamil Nadu & Odisha). Collectively, the team manages over 40 million sq. ft. of projects across multiple regions.

    Strategic Rationale Behind ANAROCK PMES Launch

    Explaining the rationale for launching ANAROCK PMES, Anuj Puri, Chairman, ANAROCK, stated that clients increasingly seek the firm’s accountability and transparency not only in sales and advisory, but also in project execution.

    The PMES vertical integrates technology, structured processes, and experienced talent to deliver projects on time and within budget, addressing the evolving expectations of developers and investors.

    Also Read: India Office Leasing 2025 Hits Record 55 Mn Sq. Ft. Across Top 7 Cities: ANAROCK

    ANAROCK PMES Aligned with India’s Expanding EPCM Market

    India’s Engineering, Procurement and Construction Management (EPCM) market was valued at USD 69.28 billion in 2025 and is projected to reach USD 105.96 billion by 2030, reflecting a CAGR of 8.87%.

    Construction Management Services account for 56.78% of EPCM revenues, underlining strong demand for single-point accountability in complex real estate developments.

    The residential EPCM segment is growing at a CAGR of 11.56%, supported by strong housing demand and policy initiatives such as PMAY and RERA.

    Large-scale infrastructure investments under the National Infrastructure Pipeline, increased adoption of Building Information Modeling (BIM), digital twin requirements, and growing use of digital and AI tools in construction management continue to shape market opportunities for ANAROCK PMES.

    Comprehensive Capabilities Offered by ANAROCK PMES

    The ANAROCK PMES vertical offers an integrated suite of services including Project and Construction Management, Turnkey and Design-Build Solutions, and Project Advisory Services for both base-build and fit-out projects. These services are delivered under a single accountability framework.

    Key capabilities of ANAROCK PMES include proprietary digital dashboards for real-time project monitoring, proven execution scale with over 42 active engagements, and readiness to leverage the expanding EPCM market driven by urbanisation and infrastructure growth.

    With the launch of ANAROCK PMES, the firm completes its core real estate services lifecycle, extending its role from strategy and advisory to capital raising, construction, and sales execution.

    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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