• 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.
  • Elon Musk Says ‘I Agree’! Why Silicon Valley Billionaires Are Defending Jensen Huang Amid NVIDIA Board Probe

    Jensen Huang Gets Support from Tech Billionaires

    NVIDIA CEO Jensen Huang has received public support from prominent technology entrepreneurs and investors, including Elon Musk, Bill Ackman and Sequoia Capital partner Shaun Maguire, following the company’s decision to launch an independent investigation into reports that the artificial intelligence executive was targeted by a foreign intelligence effort.

    The NVIDIA board of directors announced the investigation after allegations involving Huang attracted attention, prompting reactions from influential figures across the technology and investment communities.

    While several prominent voices rallied behind the NVIDIA founder, others expressed disappointment over his reported personal conduct and questioned his judgment at a critical time for the global artificial intelligence industry.

    In a memo to employees on Sunday (November 8), Huang acknowledged that he had been “unfaithful” to his wife. However, the memo did not identify the person involved.

    The New York Times has reported that US officials believed Alice Huang, an executive at Megaspeed, an NVIDIA customer and a suspected Chinese intelligence asset, had developed a relationship with the NVIDIA CEO.

    Announcing the investigation, the NVIDIA board said it had “no reason to believe that either national security or NVIDIA secrets were compromised”. The board also expressed confidence in Jensen Huang and his leadership team.

    According to the company, Huang fully supports the independent review and has committed to cooperating with the investigation.

    Elon Musk Backs Jensen Huang Amid NVIDIA Controversy

    Tesla, SpaceX and xAI CEO Elon Musk publicly extended his support to Jensen Huang on Sunday.

    Musk wrote “I agree” while sharing a post by Sequoia Capital partner Shaun Maguire, who had defended Huang’s importance to America’s leadership in artificial intelligence.

    Bill Ackman Calls for Support for Jensen Huang and His Family

    Billionaire investor and Pershing Square CEO Bill Ackman also came out in support of Jensen Huang, urging people to recognise that even highly accomplished individuals can make mistakes.

    In a post, Ackman wrote: “An alert: @JensenHuang is human. And he is an incredible human. Even incredible humans make mistakes. He takes full responsibility as he should. We should all support him and his family. Onward,”

    Ackman’s remarks focused on Huang’s personal accountability while emphasising the need to support him and his family during the controversy.

    Shaun Maguire Calls Jensen Huang ‘Irreplaceable’ for America’s AI Leadership

    Sequoia Capital partner Shaun Maguire offered a mixed assessment of the controversy, criticising Huang’s reported conduct while defending his importance to America’s artificial intelligence ecosystem.

    Maguire described Huang as “one of the greatest entrepreneurs of this generation” but also said that he had done something “incredibly dumb”.

    He further described the episode as “bad for America”, while expressing doubt that Huang had acted with bad intentions.

    “Two mistakes don’t make a right, and I believe Jensen is irreplaceable for America’s AI leadership,” Maguire wrote.

    Ross Gerber Expresses Disappointment Over Jensen Huang

    Among the prominent voices expressing criticism was Ross Gerber, co-founder and CEO of investment firm Gerber Kawasaki.

    Gerber said he was disappointed by the reports involving Jensen Huang and questioned the timing of the alleged lapse in judgment, particularly given the importance of the current phase of artificial intelligence development.

    “Extremely disappointing to see the news regarding Jensen. A huge error of judgment and at a totally critical time for AI development. Not sure how this shakes out,” he wrote.

    Gerber’s remarks were among the more critical reactions to emerge from the technology and investment community following the reports.

    The NVIDIA board, meanwhile, has maintained that it has “no reason to believe that either national security or NVIDIA secrets were compromised” and expressed confidence in Huang and his leadership team as the independent investigation proceeds.

    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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