• 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.
  • Dai Nippon Printing Partners IIT Hyderabad, Sets Up Second Overseas R&D Facility in India

    Dai Nippon Printing Research Facility at IIT Hyderabad

    Tokyo: Dai Nippon Printing Co., Ltd (DNP, TOKYO:7912) has announced that it will establish a new overseas research and development base in Telangana, India, in April 2026, marking a significant step in its global expansion strategy.

    This facility becomes the second international R&D base for Dai Nippon Printing, following its earlier establishment in the Netherlands in September 2025.

    Dai Nippon Printing will collaborate with Indian Institute of Technology Hyderabad (IITH), a leading science and engineering institution, to drive research initiatives in mobility and medical healthcare—two key focus areas for the company.

    The R&D center will be located within the Technology Research Park (TRP), a corporate collaboration facility situated on the IITH campus.

    Through this initiative, Dai Nippon Printing aims to combine its advanced technological capabilities with IITH’s research expertise and talent pool to accelerate innovation and enable faster social implementation of R&D outcomes.

    Also Read: ScienceLogic Opens First India Office in Nanakramguda, Hyderabad

    Focus Areas: Mobility and Medical Healthcare

    In the mobility segment, Dai Nippon Printing will prioritize the development of wireless power supply systems for electric vehicles (EVs).

    The company currently holds the world’s top global share in battery pouches used for EV lithium-ion batteries and continues to advance technologies related to next-generation mobility solutions.

    At the new R&D base, Dai Nippon Printing will leverage its proprietary sheet-type coil technology to design, develop, and commercialize wireless charging systems for EVs in collaboration with IITH. This initiative aligns with the future vision of autonomous driving and advanced mobility ecosystems.

    In the medical healthcare domain, Dai Nippon Printing will focus on advancing synthesis routes for active pharmaceutical ingredients (APIs).

    Through joint research with IITH, the company aims to strengthen its capabilities in precision organic chemical synthesis and process development.

    Drawing on the expertise of DNP Fine Chemicals Utsunomiya Co., Ltd., Dai Nippon Printing will work across the entire value chain—from synthesis route design and prototyping to evaluation and eventual mass production.

    Strategic Vision for India and Global Markets

    Looking ahead, Dai Nippon Printing plans to position India as a key global development hub for APIs. The company aims to commercialize the outcomes of its R&D initiatives and expand its market presence not only in India but also across international markets, including Africa.

    This move underscores Dai Nippon Printing’s commitment to strengthening its global innovation footprint while tapping into India’s growing ecosystem of research, talent, and industrial capabilities.

    Also Read: Hyderabad Gets Eyeline Studios as Netflix Expands Production Innovation Infrastructure in India

    About Dai Nippon Printing Co., Ltd.

    Founded in 1876, Dai Nippon Printing has evolved into a leading global enterprise that leverages print-based technologies to create new business opportunities while contributing to environmental sustainability.

    The company utilizes its core competencies in microfabrication and precision coating technologies to deliver products across sectors such as display systems, electronic devices, and optical films.

    About IIT Hyderabad

    Established in 2008, the Indian Institute of Technology Hyderabad has rapidly emerged as a leading institution in academics, research, technology development, and startups. In the National Institutional Ranking Framework (NIRF-2025), IITH secured the 7th position among engineering institutes and ranked 6th in innovation.

    The institute has consistently remained among the top 10 engineering institutions in India since the inception of the rankings and continues to pursue excellence under its motto, “Inventing & Innovating in Technology for Humanity.”

    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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