• Startup Pulse
    Greenjoules raises ₹150 crore in a Series B round co-led by Amazon Smbhav Venture Fund and Climate Pledge Fund, with Rainmatter and Singularity Strategic Autonomy Fund participating, and secures a separate ₹100 crore loan from the Technology Development Board. London-based fintech startup Seva Money announced a $5 million seed funding round co-led by Blockwall and Revent, with participation from Seedcamp. 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. O-Health raises an undisclosed amount of funding from Sangita Reddy, BugleRock Capital, Perpetual Capital, Ankit Nagori and Varun Dua. 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. Greenjoules raises ₹150 crore in a Series B round co-led by Amazon Smbhav Venture Fund and Climate Pledge Fund, with Rainmatter and Singularity Strategic Autonomy Fund participating, and secures a separate ₹100 crore loan from the Technology Development Board. London-based fintech startup Seva Money announced a $5 million seed funding round co-led by Blockwall and Revent, with participation from Seedcamp. 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. O-Health raises an undisclosed amount of funding from Sangita Reddy, BugleRock Capital, Perpetual Capital, Ankit Nagori and Varun Dua. 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.
  • Hydrogen Train Project: Green Hydrogen Plant Planned at Jind

    hydrogen train

    New Delhi: Indian Railways has completed the manufacturing of India’s first hydrogen train, marking a significant milestone in the country’s shift towards sustainable and alternative energy-powered transportation.

    The hydrogen train is being introduced on a pilot basis in accordance with specifications formulated by the Research, Design and Standards Organization (RDSO).

    The hydrogen train project is supported by a dedicated green hydrogen production plant being established at Jind.

    The facility will produce hydrogen through the electrolysis process, a key component of green hydrogen generation, ensuring an environmentally sustainable fuel supply for the train-set.

    Also Read: Plasma-Activated Coordination Polymer Electrocatalysts Boost Clean Hydrogen Production

    Hydrogen Train Showcases Atmanirbhar Bharat Vision

    Designed and developed entirely in India, the hydrogen train highlights Indian Railways’ commitment to the Atmanirbhar Bharat initiative.

    At present, it stands as the world’s longest hydrogen-powered train-set with 10 coaches and the most powerful on the broad-gauge platform, delivering a total power output of 2400 kW.

    The train-set comprises two driving power cars, each with a capacity of 1200 kW, along with eight passenger coaches. With zero carbon dioxide emissions and water vapour as the only emission, the hydrogen train represents a major step towards cleaner rail mobility.

    Hydrogen Train Marks Entry into Next-Generation Rail Fuel Technology

    The project involved end-to-end development, beginning from conceptual design to prototype manufacturing and the first-time implementation of hydrogen traction technology within Indian Railways.

    Also Read: Enerzi Secures INR 16.5 Crore from Capital-A to Scale Microwave-Plasma Clean Hydrogen Platform

    As the hydrogen train and its associated infrastructure are being developed on a pilot basis, cost comparisons with conventional traction systems are not considered appropriate at this stage.

    The initiative reinforces Indian Railways’ long-term commitment to advancing alternative fuel technologies and promoting sustainable rail travel, contributing to a greener future for India’s transportation sector.

    The information was provided by Union Minister for Railways, Information & Broadcasting, and Electronics & Information Technology, Ashwini Vaishnaw, in a written reply to a question in the Lok Sabha.

    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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