• Startup Pulse
    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. OBSESS raises approximately ₹3 crore in an angel round from Pushpendra Singh, Amit Goel and Harshit Vij. Dispatch Network raises ₹5 crore in a pre-seed round led by Antler India, with angel investors participating. Two Point O Capital raises $10 million in a round led by Transition Venture Capital, with Omnivore and angel investors participating. CapGrid raises ₹50 crore in a pre-Series B round led by Hero Enterprise Venture Partners at a ₹430 crore valuation, including primary and secondary transactions. Qiroko raises ₹1.5 crore in a pre-seed round led by ISV Capital, with angel participation. Manastu Space raises ₹22 crore from Gandhi Securities, Thacker Legacy Trusts and angel investors in an ongoing round. BAAS Technologies raises ₹49.98 lakh from AIC-RNTU Foundation under the GENESIS Investment Component. Docterz raises ₹5 crore in funding from Vineeta Singh, Avnish Anand and around 20 doctors who use the platform. AceBlend raises $9.91 million in a Series A2 round led by 3one4 Capital, with Fireside Ventures participating. 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. OBSESS raises approximately ₹3 crore in an angel round from Pushpendra Singh, Amit Goel and Harshit Vij. Dispatch Network raises ₹5 crore in a pre-seed round led by Antler India, with angel investors participating. Two Point O Capital raises $10 million in a round led by Transition Venture Capital, with Omnivore and angel investors participating. CapGrid raises ₹50 crore in a pre-Series B round led by Hero Enterprise Venture Partners at a ₹430 crore valuation, including primary and secondary transactions. Qiroko raises ₹1.5 crore in a pre-seed round led by ISV Capital, with angel participation. Manastu Space raises ₹22 crore from Gandhi Securities, Thacker Legacy Trusts and angel investors in an ongoing round. BAAS Technologies raises ₹49.98 lakh from AIC-RNTU Foundation under the GENESIS Investment Component. Docterz raises ₹5 crore in funding from Vineeta Singh, Avnish Anand and around 20 doctors who use the platform. AceBlend raises $9.91 million in a Series A2 round led by 3one4 Capital, with Fireside Ventures participating.
  • Persistent Names Hari Abhyankar as EVP to Drive Private Equity Growth and AI Transformation

    Hari Abhyankar

    Santa Clara, Calif. and Pune, India: Persistent Systems (BSE: 533179) (NSE: PERSISTENT), a global leader in Digital Engineering and Enterprise Modernization, announced the appointment of Hari Abhyankar as Executive Vice President and Global Head of Private Equity and Professional Services.

    As private equity firms compress value-creation cycles and increase their focus on AI-driven transformation, the demand for execution partners capable of delivering rapid and measurable outcomes is rising.

    With the appointment of Hari Abhyankar, Persistent is scaling its capabilities in this segment by combining engineering-led expertise, AI innovation, and a platform-driven approach to support investors and their portfolio companies from due diligence through value realization.

    Also Read: Persistent Systems Launches Melbourne Innovation Center to Accelerate AI-Led Enterprise Transformation

    In his new role, Hari Abhyankar will lead Persistent’s global strategy and growth initiatives across private equity investors, their portfolio companies, and professional services organizations.

    He will collaborate closely with clients to accelerate revenue growth, enable platform modernization, and drive faster realization of transformation goals across portfolios.

    Additionally, Hari Abhyankar will focus on enhancing EBITDA through improved operational efficiencies and sustained value creation.

    Hari Abhyankar brings more than 25 years of experience spanning strategy, technology, and business transformation. Prior to joining Persistent, he served as a Partner at McKinsey & Company, where he advised leading technology firms and global enterprises on corporate strategy, large-scale transformation, and revenue acceleration.

    Following his tenure at McKinsey, Hari Abhyankar worked with AI-native startups, focusing on scaling technology-led innovation and building next-generation operating models.

    Earlier in his career, Hari Abhyankar held senior leadership positions at Interpublic Group and Digitas, where he established and led analytics, digital strategy, and data-driven marketing functions for global technology and enterprise clients. He holds a PhD in Operations Management from the MIT Sloan School of Management.

    Also Read: Persistent DigitalOcean Partnership Brings Scalable Agentic Cloud AI to Enterprises

    Hari Abhyankar to Deepen Engagement With Private Equity Firms

    Sandeep Kalra, Chief Executive Officer and Executive Director, Persistent, said: “Private equity is a strategic growth engine for Persistent. As investors push for faster value creation across their portfolios, the ability to move from strategy to execution at speed becomes critical. This is where Persistent stands apart.

    We combine engineering depth, AI-led platforms and execution discipline to deliver results that matter, from accelerating growth to improving operating margins and enabling exit readiness. Hari’s experience strengthens our ability to deepen our engagement with private equity firms and drive sustained performance across their portfolios.”

    Hari Abhyankar, Executive Vice President and Global Head of Private Equity and Professional Services, Persistent Systems, said: “Private equity firms are operating in an environment where value creation needs to be faster, more predictable and more technology-driven than ever before. This requires a fundamentally different approach, one that integrates strategy with execution and scales results across the portfolio.

    Persistent’s engineering-led DNA and focus on AI-driven transformation position it strongly to address this need. I look forward to working with our clients and partners to accelerate portfolio performance and deliver measurable business results.”

    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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