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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. 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.
  • IIT Madras Opens Construction Robotics Lab Through Bechtel India CSR Partnership

    construction robotics lab

    Chennai: The Indian Institute of Technology Madras (IIT Madras) has inaugurated a state-of-the-art construction robotics lab on its campus as part of a CSR-funded partnership with Bechtel India Private Limited.

    The Rs.3.30-crore robotics laboratory is aimed at advancing research, innovation and industry applications in robotics and automation for the construction and infrastructure sectors.

    The construction robotics lab has been established with Corporate Social Responsibility (CSR) support from Bechtel India Private Limited, a global engineering, procurement and construction (EPC) firm.

    The strategic Memorandum of Understanding (MoU) was signed by Prof. Ashwin Mahalingam, Dean (Alumni and Corporate Relations), along with faculty leaders Prof. T. Asokan and Prof. Koshy Varghese, and Bechtel India representatives Raja Yeluri, Managing Director, and Ravi Tata, Robotics Manager.

    The partnership is designed to bridge academic research with field-level engineering requirements through joint R&D, prototype development, patents and real-world technology demonstrations over a long-term roadmap.

    As part of the partnership, Bechtel India will contribute its industry expertise to curriculum enhancement, mentor researchers and provide internship opportunities to students.

    The construction robotics lab will support the development of deep-tech automation solutions while also focusing on training a skilled workforce for the construction and infrastructure sectors.

    Also Read: UTIF, Villgro Launch TN-CIRCLE to Scale 6 Urban Waste and Water Solutions

    The laboratory is also expected to contribute to the deployment of advanced construction technologies across India’s infrastructure ecosystem.

    Through the construction robotics lab, IIT Madras and Bechtel India will pursue research and technology development aimed at connecting academic innovation with practical engineering applications.

    The facility will focus on robotics and automation for construction and infrastructure, with activities spanning research, prototype development, workforce training and technology demonstrations.

    The initiative establishes a long-term framework for collaboration between IIT Madras and Bechtel India in advancing construction technologies.

    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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