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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

    Allianz Partners Names Okan Özdemir as Chief Officer for Health

    Power Seat Posted on  —by Salil Urunkar

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    Okan Özdemir

    New Delhi: Allianz Partners has appointed Okan Özdemir as its new Chief Officer for Health and Board Member, effective September 1, 2025. In this role, Okan Özdemir will report directly to Allianz Partners CEO Tomas Kunzmann.

    Okan Özdemir joins Allianz Partners from Allianz Türkiye, where he has served as Chief Health Officer and Executive Board Member since 2019.

    Okan Özdemir to Lead Allianz Partners’ Global Health Business

    With more than 24 years of experience at Allianz, he has held several senior positions including Chief Marketing Officer, contributing to the company’s leadership in health insurance and spearheading digital transformation initiatives.

    Also Read: CII EY HealthTech Survey 2025: Indian Hospitals to Raise IT Innovation Spend by 25 Per Cent

    Holding a Business Administration degree from Istanbul University and a Master’s in Business from the European School of Management and Technology, Okan Özdemir brings deep expertise in health insurance and global market development.

    Okan Özdemir Succeeds Ida Luka-Lognoné

    In his new role, Okan Özdemir will succeed Ida Luka-Lognoné, who has successfully led the health business at Allianz Partners since 2015.

    During her tenure, she expanded the company’s global footprint, introduced innovative health solutions, and built new customer segments, positioning Allianz Partners as a leader in the health insurance sector.

    Ida Luka-Lognoné’s three-decade career at Allianz Group, including ten years at Allianz Partners, transformed the health division into a globally recognized business.

    Also Read: CitiusTech Knewron Debuts as AI Platform to Accelerate Healthcare Innovation

    Allianz Partners CEO Tomas Kunzmann said: “We are pleased to welcome Okan as our new Chief Officer for Health, following Ida Luka-Lognoné who has made a lasting impact on our organization. Okan’s deep know-how in Health as well as his experience in digital transformation will serve well in further expansion of the Health business and it reflects Allianz Partners’ strong momentum and our ambition to double revenues by 2030.

    Health remains a critical pillar of our growth strategy, and I am confident that under his leadership, we will continue to introduce innovative solutions that deliver value and peace of mind to millions of customers worldwide.”

    With this transition, Allianz Partners reinforces its commitment to advancing its global health business under the leadership of Okan Özdemir.

    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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