• 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. 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.
  • ICICI Securities TCS Deal to Enhance Trading Speed, Stability, Investor Experience

    ICICI Securities TCS Deal

    Mumbai: Brokerage firm ICICI Securities announced a strategic partnership with Tata Consultancy Services (TCS) to revamp its retail trading platform. The transformation will be driven by TCS BaNCS™, a robust trading solution recognized for its leadership in India’s brokerage ecosystem.

    ICICI Securities Retail Trading Platform

    Through this collaboration, ICICI Securities aims to enhance the scalability, agility, and user experience of its trading services, catering to the evolving expectations of millions of retail investors. The platform revamp will incorporate mission-critical functionalities such as advanced order management, real-time connectivity with major stock exchanges (BSE, NSE, MCX), online risk controls, seamless settlement, and improved customer management systems.

    R Vivekanand, President of BFSI Products & Platforms at TCS, commented, “This engagement with ICICI Securities extends our leadership in capital markets and demonstrates our continued commitment to delivering high-performance trading solutions. By integrating TCS BaNCS™, we are not only upgrading the platform but also preparing it for future scalability, cloud adoption, and real-time trading efficiencies.”

    T.K. Srirang, MD & CEO of ICICI Securities, stated, “Technology remains central to our operations. Partnering with TCS to implement TCS BaNCS™ reinforces our commitment to delivering a seamless, high-speed, and secure trading experience to our customers. This collaboration sets the foundation for a future-ready brokerage ecosystem.”

    TCS, which currently powers nearly 30% of India’s retail trading volumes through its brokerage solutions, has a global presence across 25+ financial markets. Its capital markets platforms are trusted by top banks, exchanges, and depositories worldwide for handling high trading volumes with precision and low latency.

    This initiative also strengthens TCS’ longstanding role in India’s digital transformation journey, reflecting its experience in executing large-scale public and private sector programs that impact millions of citizens.

    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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