Think | Create | Scale
Follow
  • 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.

    • Just In

    Credit Ratings Veteran Shubham Jain Takes Charge as CEO of Infomerics Ratings

    Power Seat Posted on  —by Salil Urunkar

    Share

    Shubham Jain

    New Delhi: Infomerics Valuation and Rating Ltd, a prominent credit rating agency, has appointed Shubham Jain as the Group Chief Executive Officer (CEO) of Infomerics Ratings, effective June 9, 2025.

    With nearly two decades of experience in credit ratings, fintech strategy, and institutional growth, Jain is expected to drive the company’s next phase of transformation.

    Also Read: Upwind Appoints Rinki Sethi as Chief Security Officer to Lead Runtime Security Innovation

    Welcoming the new CEO, B K Bajaj, Managing Director of Infomerics, stated, “We believe Shubham Jain’s leadership will accelerate our mission to deliver credible and forward-looking credit rating solutions.

    His strategic expertise and sectoral knowledge will play a crucial role in expanding our footprint across both traditional and emerging markets.”

    Commenting on his appointment, Shubham Jain said, “Infomerics has built a strong foundation based on analytical excellence and integrity. I’m excited to lead this next chapter and explore new opportunities in India’s rapidly evolving credit and risk analytics ecosystem.”

    Before joining Infomerics, Shubham Jain held senior leadership roles at ICRA Limited and CredAvenue (now Yubi). At ICRA, he served as Group Chief Strategy Officer overseeing critical sectors like infrastructure, real estate, construction, and healthcare. At CredAvenue, as Chief Business Officer, he played a key role in launching innovative debt platforms tailored for infrastructure and real estate sectors.

    Also Read: Altimetrik Appoints Gurvinder Sahni as CMO to Drive AI-First Marketing Strategy

    About Shubham Jain

    An alumnus of Punjab Engineering College, Chandigarh (Electrical Engineering), and Management Development Institute (MDI), Gurgaon (MBA), Shubham Jain brings to Infomerics a blend of deep analytical rigor, industry foresight, and strategic leadership.

    He has also contributed to several key policy and rating frameworks, including infrastructure ratings and public-private partnerships in the defense sector.

    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.

    Share

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