Think | Create | Scale
Follow
  • Startup Pulse
    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. 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. 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. 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.

    • Just In

    TVS Motor Q2FY26: Company Posts Record INR 11,905 Crore Revenue and 29 Per Cent Growth

    Latest News Posted on  —by Salil Urunkar
    TVS Motor Q2FY26

    Bengaluru: TVS Motor Company has reported its highest-ever quarterly performance in Q2FY26, achieving strong growth in sales, revenue, and profitability.

    In TVS Motor Q2FY26, the company’s operating revenue rose 29% year-on-year to ₹11,905 crore for the quarter ended September 2025, compared to ₹9,228 crore in the same period last year.

    TVS Motor Q2FY26: Record Financial Performance

    TVS Motor posted its highest-ever operating EBITDA of ₹1,509 crore, a 40% rise from ₹1,080 crore in Q2FY25. The company’s operating EBITDA margin improved by 100 basis points to 12.7% from 11.7% in the previous year.

    Profit Before Tax (PBT) grew 37% to ₹1,226 crore despite a fair valuation loss of ₹31 crore on investments, compared to a gain of ₹23 crore in Q2FY25.

    Also Read: TVS Orbiter Debuts in Maharashtra: 158 km Range and Industry-First 14” Front Wheel

    Highest-Ever Sales Volume in TVS Motor Q2FY26

    Total sales of two-wheelers and three-wheelers, including exports, grew 23% year-on-year to reach an all-time high of 15.07 lakh units in Q2FY26, up from 12.28 lakh units a year earlier.

    • Motorcycle sales rose 20% to 6.73 lakh units.
    • Scooter sales surged 30% to 6.39 lakh units.
    • Three-wheeler sales jumped 41% to 0.53 lakh units.
    • International two-wheeler sales grew 31% to 3.63 lakh units.

    Electric vehicle (EV) sales reached a record 0.80 lakh units in TVS Motor Q2FY26, up 7% from 0.75 lakh units in the previous year. The company noted that magnet availability continues to pose challenges in the short to medium term.

    Also Read: TVS Motor and ALT Mobility Join Hands for 3000 Electric Three-Wheeler Deployment

    Strong Half-Yearly Performance

    For the half-year ended September 2025, TVS Motor recorded a total revenue of ₹21,986 crore, up 25% from ₹17,604 crore in H1FY25. PBT grew 36% to ₹2,279 crore from ₹1,680 crore last year.

    • Two-wheeler sales increased 20% to 26.86 lakh units.
    • Three-wheeler sales rose 43% to 0.98 lakh units.
    • International business grew 34% to 7.52 lakh units.

    TVS Motor Q2FY26: New Product Launches Strengthen Portfolio

    During the quarter, TVS Motor introduced four new models to expand its product range:

    • TVS Orbiter EV: A smart, connected electric two-wheeler for urban commuting.
    • TVS King Kargo HD EV: A sustainable electric cargo three-wheeler for urban logistics.
    • TVS NTORQ 150: India’s first hyper sport scooter offering advanced performance.
    • TVS Apache RTX: A premium adventure rally tourer built for exploration and off-roading.

    All new models have received strong customer response, reinforcing TVS Motor’s leadership in innovation and mobility solutions.

    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.

    Related Posts

    Sahyadri Startups
    Copyright © 2026. All rights reserved. Powered by Rumanvay Growth Partners LLP Powered by Probewise.
    Back to top