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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.

    • Just In

    Paytm Becomes Fully Indian-Owned as Antfin Exits with INR 3800 Cr Stake Sale

    Latest News Posted on  —by Salil Urunkar

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    Paytm

    New Delhi: Fintech major Paytm has officially shed all Chinese ownership, marking a historic shift in its shareholder structure with the exit of Antfin (Netherlands) Holding BV, which offloaded its residual 5.84% stake via a ₹3,800 crore block deal. This transaction renders Paytm entirely Indian-owned, fulfilling a vision long articulated by its founder and CEO, Vijay Shekhar Sharma.

    In a remark that now rings prophetic, Sharma had said in 2015, “We are as Indian as Maruti.” Today, insiders close to the development assert, “Paytm is now as Indian as Tata,” underlining the transformation in both ownership and strategic alignment.

    Also Read: WeFi Launches India-Specific Vendor Program to Accelerate Growth in IT Channel Finance

    The strategic shareholding change arrives on the heels of the company’s first fully profitable quarter. In Q1 FY26, the Noida-based company posted a Profit After Tax (PAT) of ₹123 crore, surpassing market expectations.

    Operating revenue grew 28% YoY to ₹1,918 crore, and contribution profit surged 52% YoY to ₹1,151 crore – solidifying investor confidence in the company’s business model.

    With Ant Group’s exit, Paytm’s cap table now reflects a healthy mix of domestic and global institutional investors, aligning with India’s regulatory and economic priorities. The move also reinforces Paytm’s identity as a homegrown technology champion committed to building a robust digital economy.

    Paytm: New Features to Enhance User Experience

    Further strengthening its leadership in digital payments, Paytm has rolled out several new features to enhance user experience:

    • Hide/unhide transactions for improved privacy,
    • Home screen widgets like “Receive Money” for faster access,
    • Personalized UPI IDs without disclosing mobile numbers,
    • Downloadable UPI statements in Excel or PDF formats, and
    • A consolidated view of total UPI balances across linked accounts.

    Also Read: Empower Finance Enters Indian Market with Strategic Acquisition of NIRA

    On the global front, Paytm now supports UPI payments in the UAE, Singapore, France, Mauritius, Bhutan, Sri Lanka, and Nepal, providing greater ease for Indian travelers abroad.

    This development marks a new chapter for the company, not only as a profitable fintech leader but also as a fully Indian company steering innovation and inclusion in the country’s digital economy.

    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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