• 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.
  • Raymond Appoints Salil Bawa as Group Head – Investor Relations

    Salil Bawa

    Mumbai: Raymond has announced the appointment of Salil Bawa as Group Head, Investor Relations for Raymond Group, where he will lead investor engagement and capital-markets strategy across the group’s listed entities. He will be on the rolls of Raymond Realty Limited.

    Salil Bawa is a Chartered Financial Analyst with more than 25 years of experience in corporate development and investor relations. He joins Raymond from the LNJ Bhilwara Group, where he led group corporate development and investor relations.

    During his career, Salil Bawa has served as a principal interface between management, global institutional investors and the analyst community across demergers, initial public offerings (IPOs), qualified institutional placements (QIPs) and strategic capital raises.

    He has built and led investor relations functions across several of India’s leading listed groups, including the Welspun Group.

    Commenting on the appointment, Rakesh Tiwary, Group CFO, Raymond Group, said, “Salil joins us at a defining moment. Raymond today operates as three focused, listed value-creation platforms, and telling that story with clarity and conviction to global investors is central to unlocking the value we are building.

    Salil Bawa’s track record and his standing with the world’s leading institutions make him the right leader to take our investor engagement to the next level.”

    Also Read: Avante Spaces Appoints George Verghese as Managing Director

    With his experience across investor relations and capital markets, Salil Bawa brings established relationships with sovereign wealth funds, pension funds and long-only institutional investors globally.

    He also has a track record of expanding analyst coverage, improving the quality of institutional ownership and strengthening market perception.

    At the Welspun Group, Salil Bawa tripled institutional ownership within approximately 18 months through focused investor targeting and global roadshows across the US, Europe and Asia.

    Salil Bawa has also received the Best Investor Relations Officer recognition, which was awarded based on a global fund-manager poll.

    In his new role at Raymond Group, Salil will lead investor engagement and capital-markets strategy across the group’s listed entities.

    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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