• Startup Pulse
    CapGrid raises ₹50 crore in a pre-Series B round led by Hero Enterprise Venture Partners at a ₹430 crore valuation, including primary and secondary transactions. Qiroko raises ₹1.5 crore in a pre-seed round led by ISV Capital, with angel participation. Manastu Space raises ₹22 crore from Gandhi Securities, Thacker Legacy Trusts and angel investors in an ongoing round. BAAS Technologies raises ₹49.98 lakh from AIC-RNTU Foundation under the GENESIS Investment Component. Docterz raises ₹5 crore in funding from Vineeta Singh, Avnish Anand and around 20 doctors who use the platform. AceBlend raises $9.91 million in a Series A2 round led by 3one4 Capital, with Fireside Ventures participating. Jagruti Rehabilitation Centre raises ₹28 crore in a Series A round led by Alkemi Growth Capital. Carbelim raises ₹10 crore from the IIT Madras Unicorn Frontier Fund. Viridian Ingni Propulsion raises ₹1.47 crore in a pre-seed round led by Inflection Point Ventures. Venttup raises $3 million in a pre-Series A round led by Rainmatter and Unicorn India Ventures. CapGrid raises ₹50 crore in a pre-Series B round led by Hero Enterprise Venture Partners at a ₹430 crore valuation, including primary and secondary transactions. Qiroko raises ₹1.5 crore in a pre-seed round led by ISV Capital, with angel participation. Manastu Space raises ₹22 crore from Gandhi Securities, Thacker Legacy Trusts and angel investors in an ongoing round. BAAS Technologies raises ₹49.98 lakh from AIC-RNTU Foundation under the GENESIS Investment Component. Docterz raises ₹5 crore in funding from Vineeta Singh, Avnish Anand and around 20 doctors who use the platform. AceBlend raises $9.91 million in a Series A2 round led by 3one4 Capital, with Fireside Ventures participating. Jagruti Rehabilitation Centre raises ₹28 crore in a Series A round led by Alkemi Growth Capital. Carbelim raises ₹10 crore from the IIT Madras Unicorn Frontier Fund. Viridian Ingni Propulsion raises ₹1.47 crore in a pre-seed round led by Inflection Point Ventures. Venttup raises $3 million in a pre-Series A round led by Rainmatter and Unicorn India Ventures.
  • BonV Aero Awarded ELCINA Certificate of Merit for Excellence in Manufacturing

    BonV Aero

    Bhubaneswar: Deep-tech aerospace startup BonV Aero has been awarded the prestigious Certificate of Merit by the Electronic Industries Association of India (ELCINA) under the SME category for Excellence in Manufacturing.

    This recognition highlights BonV Aero’s quality-driven production, indigenous innovation, and engineering-first approach in building advanced aerial platforms designed for India’s toughest terrains.

    BonV Aero Recognised at ELCINA Awards for Manufacturing Excellence

    Established in 1976, the ELCINA Awards celebrate achievements in electronics and IT hardware manufacturing, driving Indian enterprises towards global competitiveness.

    Also Read: How PLxAI is Transforming Product Engineering Across Mobility, Sustainability, and Tech

    BonV Aero’s recognition at the awards reflects not only compliance with stringent quality standards but also its growing prominence in India’s defence and aerospace manufacturing ecosystem.

    “This recognition validates our collective focus on manufacturing fundamentals,” said Roshan Senapati, Head of Marketing, BonV Aero, who received the award on behalf of the team.

    The jury comprised notable leaders from India’s defence and manufacturing sectors, including Lt Gen AKS Chandele (Retd), N. Ramachandran, V V R. Sastry, Col K V Kuber, and S Ullal, adding weight to the endorsement.

    A Track Record of Innovation and Recognition

    The ELCINA honour is the latest in a series of accolades for BonV Aero, which has previously been:

    • Recognised by the Indian Army for operational UAV deployments in remote forward areas
    • Selected by the I2A Launchpad (US-India Defence Corridor) for dual-use UAV technology
    • Featured in NITI Aayog’s 2022 Coffee Table Book as a leading Make in India aerospace innovation
    • Acknowledged by STPI and MeitY as one of India’s emerging aerospace startups.

    These recognitions underscore BonV Aero’s role as a manufacturing-led company making a tangible impact in both civilian and defence applications.

    Also Read: TVS Indus Design Honours Launched to Promote Design-Led Innovation in Indian Mobility

    Built in Odisha, Proven in High-Altitude Deployments

    Headquartered in Bhubaneswar, BonV Aero is an OEM and UAV design house specialising in fully electric eVTOL platforms optimised for high-altitude logistics, disaster relief, and defence operations.

    In August 2023, the startup achieved a milestone by lifting a 30 kg payload at Umling La (19,024 ft AMSL), the world’s highest motorable pass. In June 2025, BonV Aero’s GPR drone was deployed during the Sikkim landslide response, supporting terrain scanning operations in collaboration with the Indian Army.

    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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