• Startup Pulse
    Greenjoules raises ₹150 crore in a Series B round co-led by Amazon Smbhav Venture Fund and Climate Pledge Fund, with Rainmatter and Singularity Strategic Autonomy Fund participating, and secures a separate ₹100 crore loan from the Technology Development Board. London-based fintech startup Seva Money announced a $5 million seed funding round co-led by Blockwall and Revent, with participation from Seedcamp. 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. O-Health raises an undisclosed amount of funding from Sangita Reddy, BugleRock Capital, Perpetual Capital, Ankit Nagori and Varun Dua. 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. Greenjoules raises ₹150 crore in a Series B round co-led by Amazon Smbhav Venture Fund and Climate Pledge Fund, with Rainmatter and Singularity Strategic Autonomy Fund participating, and secures a separate ₹100 crore loan from the Technology Development Board. London-based fintech startup Seva Money announced a $5 million seed funding round co-led by Blockwall and Revent, with participation from Seedcamp. 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. O-Health raises an undisclosed amount of funding from Sangita Reddy, BugleRock Capital, Perpetual Capital, Ankit Nagori and Varun Dua. 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.
  • SplashBI Bets $100 Million on Hyderabad: What Its New GCC Will Build

    SplashBI Hyderabad GCC

    Hyderabad: SplashBI, a data intelligence platform company headquartered in Duluth, Georgia, USA, has inaugurated its new Global Capability Centre (GCC) at VSD Tech Park in Hyderabad’s Financial District.

    The SplashBI centre will strengthen the company’s platform development, artificial intelligence (AI) capabilities and global customer delivery operations, supporting enterprises in connecting business data and using it for informed business decisions through AI, analytics and reporting.

    The 20,000-square-foot facility has a capacity to accommodate 275 professionals and was inaugurated by D. Sridhar Babu, Minister for IT, Electronics & Communications, Industries & Commerce, Government of Telangana.

    The new SplashBI Global Capability Centre brings together expertise in product engineering, AI, data science and customer delivery.

    It will support the company’s global workforce of 400 professionals, which serves more than 500 enterprise customers across 39 countries.

    SplashBI plans to invest US$100 million in the Hyderabad centre over the next five to seven years as customer demand grows.

    SplashBI focuses on connecting enterprise data for business intelligence

    For many enterprises, business data is distributed across multiple applications, departments and technology environments.

    Information from functions such as Finance, Human Resources (HR), Supply Chain and Operations often exists in separate systems, making it challenging for organisations to establish a unified business context.

    SplashBI’s data intelligence platform addresses this challenge by covering the entire process, from connecting and preparing data to modelling business relationships and delivering actionable information for business decisions.

    The platform provides a broad range of data platform capabilities, including aggregating information through more than 100 pre-built connectors and transforming it into business-ready data using a medallion architecture.

    Its semantic intelligence layer assigns business meaning to data by defining measures and relationships across different systems.

    This creates a common foundation for operational reporting, dashboards and conversational analysis, enabling teams to investigate business questions using consistent information and context.

    Organisations can start with specific business priorities, such as ERP reporting, financial analytics or workforce analytics, and gradually expand into additional domains as their requirements evolve.

    This approach provides enterprises with a practical route towards broader and secure data intelligence while allowing them to build on their existing systems and reporting investments.

    Domain data models to strengthen enterprise AI readiness

    SplashBI is also focusing on enterprise AI readiness through domain-specific data models and business ontologies covering HR, Finance, Sales, Operations and Supply Chain.

    These models organise business records and the relationships between them, creating a structured foundation for AI applications.

    The platform’s semantic layer adds shared definitions and measures, helping AI systems interpret information in the context of an organisation’s business operations.

    The models are designed to prepare data for AI applications within individual business functions as well as across the enterprise.

    They enable AI systems to query relevant records and ground their responses in business context, supporting SplashAI and customers’ broader AI initiatives.

    “Enterprises need a practical way to turn the data they already have into decisions they can trust,” said Naveen Miglani, CEO and Co-Founder of SplashBI.

    “That requires understanding how their business works, connecting information across functions and giving people useful ways to explore it. Our Hyderabad centre strengthens the engineering and customer expertise behind that work, as we help customers advance their data foundations and adopt AI with the right business context.”

    SplashBI offers multiple ways to access and analyse enterprise data

    SplashBI’s multimodal offering provides users with different ways to interact with business information, depending on their requirements and workflows.

    These include conversational queries through SplashAI, visual data exploration through dashboards, detailed analysis through ad hoc and operational reports, and spreadsheet-based workflows through Excel Connect and GL Connect.

    The different capabilities are designed to support a range of business requirements, from executives reviewing organisational performance to finance professionals investigating account balances.

    For instance, a finance leader can identify a margin variance through a dashboard, ask a question in plain language to understand the factors behind it and examine the supporting information through a detailed report or spreadsheet.

    The platform maintains continuity between the original business question, the explanation and the underlying data. Shared business definitions provide consistent context across these different experiences.

    Flex BI approach supports different enterprise technology architectures

    SplashBI’s Flex BI approach is designed to accommodate customers’ choices of data warehouses, cloud environments and AI models, including both on-premises and cloud deployments.

    This allows enterprises to develop reporting and AI capabilities around their existing technology architecture and adapt as their technology strategies evolve.

    The flexibility is intended to support organisations at different stages of their data intelligence journey, from improving access to application data to expanding analytics capabilities across the enterprise.

    Hyderabad centre to strengthen SplashBI’s global platform development

    The new Global Capability Centre will bring together platform engineering, AI development, domain analytics and customer delivery teams.

    The teams will work on data connectivity and business modelling, develop SplashAI capabilities and support customer implementations.

    According to the company, bringing these functions together will allow practical requirements emerging from enterprise deployments to inform ongoing platform development.

    “Useful enterprise intelligence depends on understanding both the data architecture and the business processes behind it,” said Kiran Reddy Pasham, President and Co-Founder of SplashBI.

    “Hyderabad brings those disciplines together. Our teams here will build the platform capabilities and domain content that help customers connect their data, make sense of it and use it in their everyday work.”

    SplashBI has maintained a presence in Hyderabad since 2014. The newly inaugurated facility brings its Hyderabad teams together under one roof in a centre designed to encourage collaboration and support the company’s expansion.

    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.

    Back to top