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    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. 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. Unify Foodworks raises ₹5 crore in seed funding through convertible debentures from Atrium Ventures, SailThru Ventures, Arjun Vaidya and Abhishek Goyal. 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. 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. Unify Foodworks raises ₹5 crore in seed funding through convertible debentures from Atrium Ventures, SailThru Ventures, Arjun Vaidya and Abhishek Goyal.
  • SPARK 4.0 Ayurveda Research Program: CCRAS to Support 300 BAMS Scholars Nationwide

    SPARK 4.0 Ayurveda Research Program

    New Delhi: The Central Council for Research in Ayurvedic Sciences (CCRAS), under the Ministry of Ayush, has announced the launch of the SPARK 4.0 Ayurveda Research Program (2025–26) – the fourth edition of its flagship Studentship Program for Ayurveda Research Ken (SPARK).

    The initiative aims to promote scientific curiosity and research skills among undergraduate Ayurveda students across India.

    Under the SPARK 4.0 Ayurveda Research Program, 300 Bachelor of Ayurvedic Medicine and Surgery (BAMS) students enrolled in colleges recognized by the National Commission for Indian System of Medicine (NCISM) will receive studentships worth ₹50,000 each, disbursed at ₹25,000 per month for two months.

    The registration process begins on October 15, 2025, and applications will be accepted until November 15, 2025.

    Prof. Rabinarayan Acharya, Director General, CCRAS, stated that the SPARK initiative reflects the Council’s commitment to fostering scientific engagement and advancing Ayurveda through youth-led research.

    The program, he noted, has already inspired hundreds of students to bridge classical Ayurvedic knowledge with modern scientific inquiry.

    Since its inception, SPARK has become increasingly popular among Ayurveda undergraduates. So far, 591 students from 289 institutions across 20 states have benefited from this national initiative, demonstrating its growing impact on the next generation of Ayurveda researchers.

    SPARK 4.0 Ayurveda Research Program: Building a Research-Oriented Ayurveda Ecosystem

    Designed as a platform for evidence-based inquiry, the SPARK 4.0 Ayurveda Research Program enables students to undertake short-term, mentor-guided research projects.

    Participants gain hands-on experience in research design, data analysis, and methodology – essential skills for cultivating scientific rigor in the field of Ayurveda.

    Institutions participating in the program are encouraged to provide research facilities, mentorship, and academic support during the two-month project duration. Upon completion and approval of their final reports, each selected scholar will also receive a certificate from CCRAS.

    Prof. Acharya emphasized that SPARK–4.0 marks another milestone in CCRAS’s broader vision to strengthen India’s research ecosystem in traditional medicine while integrating innovation with the nation’s Ayurvedic heritage.

    Interested students can visit the official portal https://spark.ccras.org.in/ for detailed guidelines, eligibility, and key dates.

    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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