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    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. Dispatch Network raises ₹5 crore in a pre-seed round led by Antler India, with angel investors participating. Two Point O Capital raises $10 million in a round led by Transition Venture Capital, with Omnivore and angel investors 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. Dispatch Network raises ₹5 crore in a pre-seed round led by Antler India, with angel investors participating. Two Point O Capital raises $10 million in a round led by Transition Venture Capital, with Omnivore and angel investors participating.

    • Just In

    Ciklum Acquires CodeAstu, Signals Push for Scalable, AI-Led Digital Solutions

    Latest News Posted on  —by Salil Urunkar
    Ciklum CodeAstu Acquisition

    London / Pune: In a strategic move to scale its AI-powered experience engineering capabilities, global digital engineering leader Ciklum has announced the acquisition of CodeAstu Technologies, a Pune-based specialist in high-performance software development and DevOps consulting.

    The acquisition significantly boosts Ciklum’s global delivery capabilities, adding a highly skilled engineering team from India to its growing portfolio. With over 4,000 professionals worldwide, the company delivers product innovation, agile development, and experience-led design for a diverse client base of 250+ global enterprises and digital disruptors.

    Also Read: Decimal Point Analytics Enters Manufacturing with Strategic Braincube Partnership

    CodeAstu: Accelerating Ciklum’s Innovation Edge

    Founded in Pune, CodeAstu brings deep expertise in:

    • Web and mobile application development
    • High-performance computing
    • Comprehensive DevOps and CI/CD frameworks

    Its engineering-driven culture aligns with Ciklum’s focus on crafting responsive, scalable digital platforms that deliver exceptional user experiences.

    Raj Radhakrishnan, CEO of Ciklum, stated: “CodeAstu adds not just engineering firepower but a precision-focused culture that matches our ambition for experience-first, AI-enhanced digital transformation. This partnership accelerates how we imagine and deliver the next generation of global digital products.”

    Santosh Mantri, CEO of CodeAstu, added: “Joining Ciklum opens up global opportunities for our team and clients. We’re excited to co-create bold, human-centric digital solutions backed by global scale and AI innovation.”

    Strengthening Ciklum’s Global Footprint

    This acquisition reinforces Ciklum’s ongoing growth in both the US and Asia-Pacific markets, while tapping into India’s deep engineering talent. The integration of CodeAstu’s capabilities is expected to enhance customer value by:

    • Boosting speed-to-market for digital products
    • Elevating digital experience across channels
    • Leveraging AI and HPC to deliver smarter, more responsive applications

    Established in 2016 in Pune, India, CodeAstu Technologies delivers cutting-edge cloud and
    custom software solutions. With a strong US client base and a track record of reliable delivery it specializes in building scalable digital products for startups and enterprises. Its core expertise includes backend development using modern, high-performance technologies such as Go, Node.js and Python, and frontend development with frameworks like React.js and Next.js, enabling the business to create fast, secure, and dynamic user experiences.

    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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