• Startup Pulse
    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. 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. 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. 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.
  • Forbes Marshall and Treon Sign 7-Year Global Partnership to Scale Industrial IoT Monitoring

    Forbes Marshall

    Tampere, Finland: Forbes Marshall has announced a long-term strategic partnership with Treon, a Finland-based IoT technology innovator.

    The partnership, which builds on several years of collaboration, is centered around a seven-year roadmap to scale the deployment of advanced wireless monitoring infrastructure across India and key international markets.

    The alliance brings together Forbes Marshall’s nearly 80 years of industrial expertise and Treon’s Treon Connect™ platform, a scalable digital architecture designed for efficient data acquisition and integration across industrial environments.

    Also Read: Yokogawa India Delivers First AXG Flowmeters from Pune Facility

    “We value partnerships that endure and deliver long-term impact,” said Mukesh Vyas, Business Unit Head – Instrumentation, Forbes Marshall. “Treon’s reliable, scalable wireless technology is perfectly aligned with our vision of intelligent, energy-efficient monitoring.”

    Forbes Marshall: Strong Domestic Presence and Customer Base

    The initial deployment will begin in India, leveraging Forbes Marshall’s strong domestic presence and customer base. The next phase of expansion will target high-growth regions such as the Middle East, Southeast Asia, and South Asia, with a particular focus on hazardous industries requiring ATEX-certified Zone 0 and Zone 1 solutions.

    Industries such as oil and gas, pharmaceuticals, and chemical processing – where wired systems face operational challenges – stand to benefit significantly from this platform-driven wireless solution.

    Powering Next-Gen Solutions with Treon Connect

    The foundation of the partnership is Treon Connect, an intelligent edge platform that enables real-time data collection from thousands of connected devices and seamlessly integrates into existing customer ecosystems. This platform amplifies Forbes Marshall MachPulse – a wireless vibration monitoring and diagnostic solution – by offering faster deployment, enhanced analytics, and greater visibility into asset performance.

    Also Read: Build Your Prototype with STPI Kalpataru CoE Rolling Model for Industry 4.0

    “With Treon Connect, Forbes Marshall can deliver rapid deployment and operational efficiency at scale,” said Juhani Kallio, Head of Global Sales, Treon. “This partnership demonstrates how two complementary platforms can redefine the future of industrial monitoring.”

    Together, Treon and Forbes Marshall aim to transform traditional infrastructure with resilient, scalable, and intelligent systems, empowering industries to achieve predictive maintenance, enhanced safety, and energy optimization.

    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