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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.
  • FAI Appoints S Sankarasubramanian of Coromandel International as New Chairman

    S Sankarasubramanian

    New Delhi: The Board of Directors of the Fertiliser Association of India (FAI) has elected S Sankarasubramanian, Managing Director and CEO of Coromandel International Limited, as its new Chairman.

    The decision was finalized at the board meeting held on October 31, 2025.

    S Sankarasubramanian to Lead FAI’s Strategic Vision

    A seasoned leader with over 30 years of experience in the fertiliser industry, S Sankarasubramanian has been instrumental in advancing the Phosphatic and Potassic (P&K) sector.

    Prior to this appointment, he served as Co-Chairman of the FAI Board and Chairman of the Southern Region, contributing to several policy and innovation initiatives in the fertiliser domain.

    Also Read: Coromandel International Launches 1000th Gromor Retail Store in Maharashtra

    Dr Siba Prasad Mohanty, Managing Director of Hindustan Urvarak & Rasayan Ltd., who previously shared the position of Co-Chairman, will now serve as the sole Co-Chairman of FAI.

    Commitment to Sustainability and Atmanirbharta

    In his acceptance remarks, S Sankarasubramanian reaffirmed FAI’s commitment to promoting innovation, sustainability, and balanced nutrient management. He emphasized the importance of resource efficiency and closer collaboration with policymakers to drive Atmanirbharta (self-reliance) in the fertiliser sector.

    “FAI will continue to align industry goals with national agricultural priorities to enhance growth, resilience, and long-term food security,” he stated.

    FAI extended its appreciation to Sailesh C Mehta, the outgoing Chairman, for his leadership and contributions to the organisation’s development and the broader fertiliser industry.

    About the Fertiliser Association of India

    Established in 1955, the Fertiliser Association of India (FAI) is a non-profit apex body representing a wide spectrum of stakeholders, including fertiliser manufacturers, distributors, importers, equipment manufacturers, research institutions, and input suppliers.

    The association plays a key role in advancing the growth, policy advocacy, and technological progress of India’s fertiliser 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.

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