• 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.
  • GE Aerospace Announces USD 14 Million Boost for Pune Facility Expansion

    GE Aerospace

    Pune: GE Aerospace has announced a USD 14 million investment to scale up operations at the Pune Facility, coinciding with the site’s tenth anniversary.

    This investment follows the USD 30 million committed last year and aims to enhance manufacturing processes, automation, and capabilities for advanced engine components.

    GE Aerospace Pune Facility Strengthening Manufacturing Capability

    According to Vishwajit Singh, Managing Director of the GE Aerospace Pune Facility, the team has consistently delivered components for some of GE’s most advanced commercial jet engines, supported by a nationwide supplier network.

    Also Read: GE Aerospace Pune Facility Trains 5,000 Skilled Associates in Precision Manufacturing

    He said the renewed investment aligns with the Make in India initiative and reinforces India’s growing significance in the global aerospace manufacturing landscape.

    Since its inception as a multi-business manufacturing hub, the Pune Facility has evolved into a high-tech aerospace parts supplier catering to company’s global commercial engine plants.

    Today, it is supported by more than 300 suppliers connected to the facility and forms part of GE Aerospace’s wider network of over 2,200 suppliers across the country.

    The site has played a critical role in workforce development, having trained more than 5,000 production associates in precision manufacturing over the past decade.

    The facility also holds ISO 14001 and ISO 45001 certifications, reflecting its emphasis on sustainability, workplace safety, and operational excellence.

    Pune Facility Driven by Lean Operating Model

    The facility operates on FLIGHT DECK, GE Aerospace’s proprietary lean operating system focused on improving safety, quality, and efficiency.

    Also Read: Agnikul Cosmos Commissions Large-Format Additive Manufacturing Facility for Aerospace and Rocket Systems

    Through FLIGHT DECK, the Pune Facility has reduced waste, enhanced process efficiency, increased output, and improved shop-floor safety. A newly established production line for a critical engine component has reported shorter lead times, improved productivity, and reduced downtime.

    Longstanding Presence in India

    GE Aerospace has been associated with India’s aviation sector for more than 40 years. Currently, 1,400 GE Aerospace and partner engines power aircraft operated by major Indian airlines.

    Its defense engines and systems support key national platforms such as the Indian Air Force’s Light Combat Aircraft Tejas Mk1, various helicopters, and the Indian Navy’s aircraft carriers and frigates.

    The Pune Facility, along with 13 local partner companies, forms a key component of the company’s global supply chain. Additionally, GE Aerospace’s India Technology Centre in Bengaluru, now 25 years old, continues to develop advanced aviation technologies for global deployment.

    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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