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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

    Instabase Appoints Sumita Sharma as Chief Revenue Officer to Drive Enterprise AI Growth

    Power Seat Posted on  —by Salil Urunkar

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    Sumita Sharma

    San Francisco: Instabase, a leader in applied artificial intelligence (AI) for unstructured data processing, has appointed Sumita Sharma as its new Chief Revenue Officer (CRO).

    With close to two decades of experience driving enterprise sales and scaling go-to-market operations in the tech industry, Sharma will lead all revenue-generating functions at Instabase.

    Sumita Sharma to Spearhead Global Revenue Strategy

    Sharma joins Instabase after a successful nine-year tenure at Palo Alto Networks, where she held pivotal roles across the company’s cybersecurity divisions.

    She most recently led the Prisma Cloud unit, a cloud-native platform designed to secure complex, multi-cloud environments. Her work serving Fortune 1000 clients and leading diverse sales teams positions her uniquely to guide Instabase’s next phase of growth.

    “Sumita Sharma brings a rare combination of strategic insight and operational excellence,” said Anant Bhardwaj, CEO and Founder of Instabase. “Her experience in scaling enterprise SaaS platforms will be instrumental in accelerating our expansion across global markets.”

    Also Read: Machaxi Secures $1.5 Million from Prakash Padukone and Rainmatter

    In her new role, Sharma will oversee sales, partnerships, and customer success initiatives – driving adoption of Instabase’s AI Hub, a platform that empowers businesses to extract intelligence from unstructured data at scale.

    “I’m thrilled to join Instabase at such a transformative time,” said Sharma. “The company is solving one of the most critical data challenges facing modern enterprises. I look forward to contributing to Instabase’s mission of helping businesses make smarter decisions with AI.”

    About Sumita Sharma

    Sharma holds a Bachelor’s degree in Information Technology from Jamia Hamdard University in New Delhi, India, and a Master’s in Marketing Administration from De Montfort University in Leicester, UK. Her appointment underscores Instabase’s commitment to bringing top-tier leadership to scale its AI-driven solutions across industries.

    Also Read: MODSIM 2025 India Showcases the Future of Integrated Design and Simulation

    With Sharma onboard, Instabase is poised to enhance its enterprise footprint, deliver deeper business value through AI, and drive sustained revenue growth in the global market.

    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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