• 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.
  • 5G Connectivity on Mumbai Metro Aqua Line-3: ACES India and BSNL Launch IBS Rollout

    5G Connectivity on Mumbai Metro Aqua Line-3

    Mumbai: In a strategic collaboration, ACES India (a wholly owned entity of ACES, Saudi Arabia) and BSNL have joined hands to deploy advanced 4G and 5G Connectivity on Mumbai Metro Aqua Line-3 through in-building solutions (IBS). This marks a pivotal leap forward in Mumbai’s transit communication infrastructure.

    The announcement coincided with several landmark inaugurations: the opening of Navi Mumbai International Airport, the launch of the “Mumbai One App – One App, Limitless Journeys,” and the commencement of Phase 2B operations on Mumbai Metro Aqua Line-3, connecting Acharya Atre Chowk to Cuffe Parade, in the presence of Prime Minister Narendra Modi.

    Also Read: BSNL Launches Bharat Telecom Stack with TCS, C-DOT, and Tejas Networks

    5G Connectivity on Mumbai Metro Aqua Line-3: Seamless Coverage Across the Underground Corridor

    Under the agreement, the IBS deployment will span the entire 33.5 km subterranean route, encompassing 27 stations and associated tunnel segments, to ensure uninterrupted 5G Connectivity on Mumbai Metro Aqua Line-3 for millions of metro users.

    This project marks BSNL’s inaugural deployment of a metro-level advanced IBS system in Maharashtra, setting a new benchmark for urban mobility connectivity.

    “This collaboration with BSNL is a milestone in India’s digital infrastructure journey. ACES India is leading the way in extending next-generation connectivity to urban transit systems,” said Dr Akram Aburas, Group CEO, ACES.

    Mohammed N Mazher, Managing Director, ACES India, added, “We are proud to partner with BSNL for this landmark initiative – our first metro IBS deployment in Maharashtra. We bring global expertise and local execution strength to redefine connectivity in urban mobility.”

    From BSNL’s side, Harinder Kumar Makkar, Chief General Manager of the Maharashtra Telecom Circle, commented, “Our partnership with ACES India underlines BSNL’s commitment to expanding advanced telecom infrastructure in high-density urban settings. The Aqua Line-3 IBS rollout will redefine standards for underground connectivity and public service delivery.”

    Also Read: BSNL Launches 5G and AI Training Hub in Jabalpur with Ericsson, Qualcomm, Cisco, Nokia

    The signing ceremony was witnessed by senior personnel from both organizations – including Dr. Akram Aburas, Mohammed N Mazher, Suresh Kumar (Commercial Director, ACES India), Harinder Kumar Makkar, Vandana Sethi (PGM, CFA, BSNL), Vinod Kumar Dwivedi (GM, CM, BSNL), and other distinguished representatives.

    By spearheading the IBS deployment on Aqua Line-3, BSNL consolidates its role in enabling 5G Connectivity on Mumbai Metro Aqua Line-3 and advanced connectivity across major metro systems nationwide.

    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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