• Startup Pulse
    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. Unify Foodworks raises ₹5 crore in seed funding through convertible debentures from Atrium Ventures, SailThru Ventures, Arjun Vaidya and Abhishek Goyal. 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. PowerUp Money raises $10 million in a round led by Flourish Ventures, with existing investors Peak XV Partners, Accel, Blume Ventures, Kae Capital, 8i Ventures and DeVC 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. Unify Foodworks raises ₹5 crore in seed funding through convertible debentures from Atrium Ventures, SailThru Ventures, Arjun Vaidya and Abhishek Goyal. 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. PowerUp Money raises $10 million in a round led by Flourish Ventures, with existing investors Peak XV Partners, Accel, Blume Ventures, Kae Capital, 8i Ventures and DeVC participating.
  • Bharat Forge Subsidiary JS Auto Cast Foundry India Bags ₹300 Crore Funding from Premji Invest

    JS Auto Cast Foundry India

    Pune: JS Auto Cast Foundry India Pvt. Ltd, a wholly owned step-down subsidiary of Bharat Forge Ltd, has raised ₹300 crore through a primary equity infusion from Premji Invest.

    Following the transaction, Premji Invest will hold a 23% stake in JS Auto Cast Foundry India on a fully diluted basis.

    The equity investment is aimed at accelerating the growth roadmap of JS Auto Cast Foundry India, with a focus on expanding casting capacity, strengthening medium casting capabilities, and pursuing industry consolidation through strategic acquisitions.

    JS Auto Cast Foundry India is a leading supplier of critical ferrous castings catering to industrial and automotive applications.

    The fresh capital infusion will support the company’s plans to scale manufacturing capacity, invest in advanced medium casting capabilities, and explore acquisition-led growth opportunities to consolidate its position within the sector.

    Also Read: JJG Aero Secures $30 Million Series B Funding from Norwest

    JS Auto Cast Foundry India to Expand Capacity and Pursue Industry Consolidation

    Commenting on the development, Amit Kalyani, Vice Chairman and Joint Managing Director, Bharat Forge Ltd, said that since Bharat Forge acquired JS Auto Cast Foundry India in 2022, the company has delivered strong financial performance.

    He highlighted that topline, exports, and profitability have grown at a CAGR of 17%, 24%, and 25% respectively, alongside improvements in product mix and customer base.

    He added that partnering with Premji Invest marks an important milestone in the next phase of the company’s growth journey.

    Also Read: Entellus Industries Raises ₹50 Crore in Funding Round Led by ZeroW

    Manoj Jaiswal, Partner at Premji Invest, who leads the firm’s Industrials and Buyout investments, stated that Premji Invest is pleased to collaborate with Bharat Forge, describing it as a premier engineering and manufacturing conglomerate in India.

    He noted that working with leading conglomerates on growth and consolidation strategies remains a core focus for Premji Invest, and expressed optimism about jointly building a leading ferrous casting platform through JS Auto Cast Foundry India.

    The completion of the transaction is subject to customary regulatory and other closing conditions. PwC Investment Banking acted as the sole financial advisor to Bharat Forge Ltd for the transaction.

    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.

    Back to top