• 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.
  • IIT Mandi Announces HIVE 3.0 Conclave on Multimodal AI and Collaborative Intelligence

    IIT Mandi

    IIT Mandi is set to host HIVE 3.0, an international conclave organized in collaboration with its Technology Innovation Hub (TIH), aimed at advancing discussions around Human-Centered AI and Collaborative Intelligence, with a strong focus on Multimodal AI.

    Scheduled from March 30 to April 1, 2026, at the IIT Mandi campus, the event is expected to bring together over 500 attendees, including 100+ startups, 100+ exhibits, and more than 50 speakers.

    As IIT Mandi prepares for the third edition of HIVE, the conclave will highlight the evolution of artificial intelligence beyond text-based systems.

    The focus on Multimodal AI reflects a growing shift toward technologies capable of processing diverse inputs such as speech, vision, gestures, and sensor data simultaneously.

    Traditionally, AI systems have operated in silos – vision models analyzing images, speech models processing audio, and language models interpreting text – each excelling within its specific domain.

    However, IIT Mandi emphasizes that real-world environments rarely present such isolated data streams. With increasing deployment of AI across sectors like healthcare, manufacturing, mobility, and education, the need for integrated systems is becoming more evident.

    Also Read: Dai Nippon Printing Partners IIT Hyderabad, Sets Up Second Overseas R&D Facility in India

    IIT Mandi: Global Thought Leaders to Strengthen Academia and Industry Collaboration

    HIVE 3.0 will explore how collaborative intelligence can enable improved decision-making and deliver more effective real-world solutions.

    The conclave at IIT Mandi will be inaugurated by Padma Bhushan awardee Kris Gopalakrishnan as the Chief Guest, marking a significant highlight of the event.

    Reinforcing its global relevance, IIT Mandi will host participation from leading industry players including Amazon, Dolby, Bosch, Microsoft, Hitachi, HP, Honeywell, and Collins Aerospace.

    The conclave will also feature researchers from prominent academic institutions such as Stanford University, the University of Regensburg, the University of Genoa, CNRS France, the IITs, and IISc Bengaluru.

    Globally, Multimodal AI is increasingly being recognized as the next frontier in artificial intelligence. The approach aligns with the inherently multimodal nature of human interaction, where individuals interpret multiple signals simultaneously—what they see, hear, and contextual cues.

    “By investing in multimodal AI research, the Technology Innovation Hub (TIH) at IIT Mandi, we are laying the foundation for fluidic humanoid robots (human-like robots) that would redefine human relationships with machines” said Somjit Amrit, CEO, Technology Innovation Hub, IIT Mandi.

    Through HIVE 3.0, IIT Mandi aims to bring together global thought leaders to strengthen collaboration between academia and industry.

    The conclave will also address key themes such as responsible AI and its growing importance in multimodal systems, positioning the event as a critical platform shaping the future of Human-Centred AI.

    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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