• Startup Pulse
    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. OBSESS raises approximately ₹3 crore in an angel round from Pushpendra Singh, Amit Goel and Harshit Vij. Dispatch Network raises ₹5 crore in a pre-seed round led by Antler India, with angel investors participating. Two Point O Capital raises $10 million in a round led by Transition Venture Capital, with Omnivore and angel investors 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. OBSESS raises approximately ₹3 crore in an angel round from Pushpendra Singh, Amit Goel and Harshit Vij. Dispatch Network raises ₹5 crore in a pre-seed round led by Antler India, with angel investors participating. Two Point O Capital raises $10 million in a round led by Transition Venture Capital, with Omnivore and angel investors participating.
  • India’s Textile Exports Rise 16.1% to ₹29,776 Crore in August 2026

    textile exports August 2026

    New Delhi: India’s textile exports recorded strong growth in August 2026, rising 16.1% year-on-year to ₹29,776 crore, compared with ₹25,656 crore in August 2025.

    During April–August 2026, cumulative textile exports reached ₹1.43 lakh crore, registering a 10.3% increase over the corresponding period of the previous year.

    The growth in textile exports was broad-based across several major textile segments, with cotton, man-made textiles, carpets, handicrafts and ready-made garments all recording year-on-year growth during August.

    Cotton Exports Grow 24.1%

    In August 2026, exports of cotton yarn, fabrics, made-ups and handloom products increased by 24.1%. The segment was among the key contributors to the overall growth in India’s textile exports during the month.

    During the April–August 2026 period, cumulative cotton textiles exports grew by 18.0%, maintaining strong momentum in India’s textile exports.

    Man-Made Textile Exports Increase 19.9%

    Exports of man-made yarn, fabrics and made-ups also registered significant growth in August 2026, increasing by 19.9%.

    For the April–August 2026 period, cumulative man-made textiles exports rose by 13.6%, adding to the overall expansion in textile exports.

    Carpet Exports Rise 15%

    India’s carpet exports recorded 15.0% growth in August 2026. On a cumulative basis, carpet exports increased by 11.9% during April–August 2026.

    The growth in carpets contributed to the broader performance of India’s exports across key product categories.

    Also Read: Registration-cum-Membership Certificate Not Required for Exports Up to ₹3 Lakh, MSMEs and First-Time Exporters to Benefit

    Handicrafts Register 41.4% Growth

    Handicrafts, excluding handmade carpets, recorded particularly strong growth during August 2026, with exports increasing by 41.4%.

    The segment also posted substantial cumulative growth during April–August 2026. Handicrafts exports increased by 44.0%, making it one of the fastest-growing segments within India’s textile exports during the period.

    Ready-Made Garment Exports Maintain Positive Momentum

    Ready-made garments of all textiles continued to register positive growth in August 2026. Exports in the segment increased by 6.1% during the month.

    The continued growth across apparel and other textile categories supported the overall performance of India’s exports during August.

    Overall, cumulative textile exports during April–August 2026 reached ₹1.43 lakh crore, marking 10.3% growth compared with the corresponding period of the previous year.

    The sustained growth across major segments reflects the increasing competitiveness and diversification of India’s export basket, supported by improved market access, policy interventions and continued efforts towards value addition and market diversification.

    The textile sector remains an important contributor to manufacturing, employment and India’s overall export growth.

    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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