• 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.
  • Ampivo Brings Onboard Anupam Shah as COO to Drive AI, Fintech and Web3 Growth

    Anupam Shah

    Hyderabad: Anupam Shah has been appointed as the Chief Operating Officer (COO) of Ampivo Smart Technologies Private Limited, marking a strategic move as the company accelerates its expansion across applied artificial intelligence (AI), digital infrastructure, and execution-led technology businesses.

    Ampivo Smart Technologies announced that Anupam Shah will lead its next phase of growth, as the company continues to build a portfolio of scalable initiatives spanning artificial intelligence, electronics lifecycle management, and sustainability-linked platforms.

    The organization’s approach emphasizes operational discipline, measurable outcomes, and long-term value creation.

    Anupam Shah: A Techno-Commercial Operator and Serial Founder

    Anupam has expertise across AI, fintech, and blockchain. His experience spans product development, capital formation, strategic partnerships, and go-to-market execution, with a strong track record of building and scaling technology ventures in emerging markets.

    Also Read: Mobility Fintech GoCab Raises $45 Million in Funding Round Led by E3 Capital, JANNGO Capital

    Most recently, Anupam Shah contributed to capital formation and business development at Chainrisk Labs, the team behind RiskLayer – a DeFi economic security middleware built on EigenLayer.

    Chainrisk Labs supports over $10 billion in assets under management across leading DeFi protocols and ecosystems. The platform provides institutional-grade economic risk management for platforms such as Compound, Angle Labs, and Gyroscope, as well as networks including Arbitrum and Fuel Network.

    Chainrisk Labs also secured a Builders Round co-led by Antler and Momentum 6 (M6), with participation from prominent investors and angels, including alumni from EigenLayer and BlackRock.

    Through this exposure, Anupam Shah played a role in strengthening institutional-grade financial infrastructure within decentralized ecosystems.

    Building on this experience, Anupam Shah has also contributed to the development of Artificial Financial Intelligence (AFI), an on-chain protocol focused on proof-of-reserve infrastructure and AI-driven yield tooling for real-world assets.

    The platform aims to deliver transparent and verifiable financial infrastructure for both institutional and on-chain finance.

    Earlier in his career, Anupam Shah co-founded Truffles, a Singapore-based neobank selected for Outlier Ventures’ inaugural Zero Knowledge Base Camp, a globally recognized Web3 accelerator focused on zero-knowledge (ZK) infrastructure.

    At Truffles, he helped build systems for cross-border payments and digital asset settlement, significantly scaling payment volumes using privacy-preserving technologies and tokenized workflows.

    In addition, Anupam Shah founded Munim App, a workforce management and business intelligence platform launched in 2020, which achieved a successful exit.

    He also co-founded Sodio Technologies, a digital product and Web3 development studio delivering blockchain and AI solutions since 2016. The company has grown into a profitable, bootstrapped operation serving global clients.

    Also Read: Tracxn Report: Women Co-Founders in India Tech Enter Phase of Capital Discipline as Ecosystem Nets $1B and 175% Surge in Acquisitions

    In his new role, Anupam Shah will focus on building high-performance teams across artificial intelligence, data, and platform engineering.

    He will drive the development and deployment of AI-led solutions for enterprise and real-world applications, while also establishing strategic partnerships across technology ecosystems and key industry verticals.

    Additionally, Anupam Shah will support capital formation and investor engagement efforts to enable scalable growth. His mandate includes translating Ampivo’s strategic vision into execution-ready business lines with clearly defined revenue pathways and scalable operating models.

    Ampivo Smart Technologies is positioning itself as a technology platform focused on execution-driven businesses, with a near-term emphasis on AI-led automation and intelligent agent systems for real-world use cases.

    The company is also advancing sustainability platforms, including carbon-linked initiatives involving distributed stakeholders.

    The company aims to build these verticals with a strong focus on scalability, operational discipline, and long-term value creation, while maintaining flexibility to integrate with larger platforms as the businesses mature.

    Anupam Shah, COO at Ampivo, said, “Ampivo is at an exciting stage where the focus is on building scalable technology systems with real-world impact. The opportunity is to combine strong execution, the right technology, and meaningful partnerships to create durable businesses across high-growth sectors.”

    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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