• 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.
  • Wipro GIFT City Hub Launched to Accelerate AI-Powered BFSI Transformation

    Wipro GIFT City Hub

    Gandhinagar: Wipro GIFT City Hub has been officially launched by Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), marking a significant milestone in expanding its AI-powered capabilities for the global Banking, Financial Services, and Insurance (BFSI) sector.

    The Wipro GIFT City Hub is located at Gujarat International Finance Tec-City (GIFT City), Gandhinagar, and aims to strengthen the company’s ability to deliver advanced technology services to global BFSI clients.

    The establishment of the Wipro GIFT City Hub creates a strong foundation for accelerating next-generation, consulting-led, and AI-first financial services capabilities.

    Aligned with Wipro Intelligence – the company’s unified suite of AI-powered platforms and solutions – the Wipro GIFT City Hub will enable delivery across digital banking, capital markets, regulatory technology, risk and compliance, and core platform modernization initiatives.

    Through the Wipro GIFT City Hub, Wipro aims to enhance its ability to co-innovate with clients, embed responsible AI across critical financial workflows, and scale secure, domain-led platforms.

    This initiative comes at a time when global demand for AI-powered BFSI transformation continues to grow rapidly, positioning the Wipro GIFT City Hub as a key driver of innovation and value creation.

    Also Read: Corporate Governance Ecosystem at GIFT-IFSC to Get Boost with IFSCA-IICA Collaboration

    “GIFT City-IFSC is fast emerging as a global financial and technology hub, attracting leading enterprises from around the world,” said Deputy Chief Minister of Gujarat Harsh Sanghavi.

    “Wipro’s new center in the GIFT city reflects Gujarat’s growing prominence as a destination for innovation and high value digital capabilities. The state remains committed to enabling global organizations with the infrastructure, policy support and talent ecosystem needed to scale.”

    Sanjeev Jain, Chief Operating Officer, Wipro Limited, said, “Wipro’s presence at GIFT City is a strategic investment to scale the impact of Wipro Intelligence for the global BFSI industry.

    By combining our consulting-led, AI-powered transformation and delivery capabilities with deep domain expertise and a strong innovation culture within a high-quality talent ecosystem, we are enabling deeper client engagement and long-term value creation.

    This expansion also reinforces our commitment to collaborate with the Government of Gujarat as we build future-ready capabilities that support sustainable growth.”

    Wipro GIFT City Hub to Initially Offer 150 Ready-to-Deploy Seats

    with the flexibility to scale up to 500 seats based on client demand. The new facility underscores Wipro’s commitment to nurturing local talent within Gujarat’s rapidly expanding IT ecosystem.

    With access to a strong graduate talent pool, the Wipro GIFT City Hub is well-positioned to address current industry requirements while building capabilities aligned with the next phase of digital and AI-led transformation.

    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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