• 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.
  • Interio by Godrej Clocks ₹4,000 Crore Revenue in FY26, Eyes 25% Growth Next Fiscal

    Interio by Godrej

    Mumbai: Interio by Godrej, the furniture business of Godrej Enterprises Group, has reported revenue of ₹4,000 crore for FY26, registering a year-on-year growth of 12% over FY25.

    Interio by Godrej expanded its footprint across 100 new cities during the fiscal, while New Product Introduction (NPI) sales contributed 22% to the overall business.

    Building on this momentum, Interio by Godrej has set an ambitious target of achieving 25% revenue growth in FY27. The company plans to drive this growth through continued retail expansion, deeper market penetration, increased online sales, and the introduction of new furniture categories.

    As part of its expansion strategy, the company intends to add 102 new stores during FY27, with a particular focus on strengthening its presence in North and East India.

    Swapneel Nagarkar, Business Head and Executive Vice President, Interio by Godrej, said, “The Indian furniture industry is entering a new phase of evolution where consumer expectations are moving beyond functionality towards design, flexibility, technology integration and overall living experiences.

    The Indian furniture market is expected to grow from to USD 45.52 billion by 2031. Modern Indian homes today are becoming more adaptive, multifunctional and expressive of personal lifestyles. This is influencing how consumers evaluate furniture across aesthetics, usability, durability and convenience.”

    He further added, “The sector is witnessing increasing formalisation through evolving quality and compliance standards, which is strengthening consumer trust and creating long-term opportunities for organised brands. We believe the next phase of growth in the industry will be driven by brands that can combine scale, design, manufacturing strength, technology integration and strong physical retail experiences.

    As homes continue to evolve, consumers are also reimagining balconies, terraces and outdoor spaces as extensions of their living environments. This has guided the development of our Outdoor Furniture category with the Tubular Range, alongside our Gaming Furniture portfolio, creating furniture solutions that are functional, contemporary and aligned with the way India lives today.”

    Also Read: CRED to Raise ₹8,550 Crore in Series H Round Led by Meta at ₹43,239 Crore Valuation

    Interio by Godrej also recorded significant growth in its digital business. Over the last three years, the company’s e-commerce business has expanded 14-fold and now contributes 15% to its overall furniture business.

    During FY26, Interio by Godrej widened its delivery and installation network from 1,200 pin codes to more than 20,000 pin codes across India. The company also introduced 24-hour delivery and installation services across all state capital cities.

    As part of its New Product Innovation strategy, Interio by Godrej entered the Outdoor Furniture segment with the launch of its new Tubular Range and expanded its offerings through a dedicated Gaming Furniture portfolio.

    The newly launched Tubular Range has been designed to address the growing preference for balconies, terraces, and outdoor spaces as extensions of modern Indian homes.

    Inspired by the timeless aesthetics of tubular steel, the collection combines lightweight aluminium construction, weather-resistant materials, and ergonomic design to deliver durable, functional, and visually appealing outdoor furniture solutions.

    The range is aimed at consumers seeking furniture that supports outdoor living, hosting, multifunctional usage, and contemporary lifestyle preferences.

    Interio by Godrej further strengthened its omnichannel capabilities during FY26 through supply chain transformation, technology upgrades, and digital-first customer engagement initiatives.

    These efforts included a complete overhaul of its technology stack, refreshed user interface and user experience as part of its rebranding initiative, and the implementation of AI-based product recommendation systems that provide personalised furniture suggestions based on browsing behaviour, customer interactions, sales trends, and promotional offers.

    To improve affordability and accessibility, Interio by Godrej expanded consumer initiatives such as Zero Cost EMI options for up to 12 months, exchange programmes for old furniture, extended warranty offerings, online-exclusive product ranges, and special offers through leading banking partners.

    Additionally, the company continues to strengthen its portfolio of Eco products aimed at consumers in Tier 2 and Tier 3 markets, supporting its expansion strategy in price-sensitive regions.

    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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