• 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.
  • Genrobotics Signs MoU with Armscor for Defence, Space and Dual-Use Robotics Collaboration

    Armscor and Genrobotics sign MoU

    Kerala-based robotics and deep-tech company Genrobotics has signed a Memorandum of Understanding (MoU) with the Armaments Corporation of South Africa SOC Ltd (Armscor) to explore collaboration in defence, space, satellite and robotics technologies.

    The agreement between Genrobotics and Armscor was signed in Pretoria by Adv. Solomzi P. Mbada, Chief Executive Officer, Armscor, and Vimal Govind M.K., Chief Executive Officer, Genrobotics, through Genrobotics Africa (Pty) Ltd, the company’s South African entity based in Pretoria.

    The partnership will explore the development and commercialisation of dual-use robotics technologies for South Africa and international markets.

    The MoU establishes a non-exclusive exploratory framework for Genrobotics and Armscor to identify and assess potential opportunities.

    Where separately agreed, the two organisations may co-develop and commercialise robotics technologies for defence and civilian applications.

    The collaboration could extend across South Africa, the Southern African Development Community (SADC), the wider African market and other international markets.

    Also Read: Genrobotics Signs MoU with Territorial Army to Advance Robotics for Defence and Disaster Response

    For Armscor, the partnership supports its ambition to serve as a sovereign integrator and assurance authority for South Africa’s space and satellite capabilities, while developing dual-use and commercially sustainable technology offerings.

    For Genrobotics, the agreement expands its growing defence and space robotics programme, including its work in space-grade robotic arms and autonomous systems.

    The MoU also creates a structured pathway for technology validation and market access in South Africa and the wider African continent.

    “This MoU reflects Armscor’s commitment to building a trusted, sovereign and globally connected space and satellite capability for South Africa.

    Partnering with a deep-tech innovator like Genrobotics allows us to explore dual-use robotics and space technologies that can strengthen our defence capability while opening new commercial pathways,” said Adv. Mbada.

    Govind said the partnership marked an important step in the company’s defence and space journey.

    “Working with Armscor gives us a credible, government-backed pathway to bring our robotics and autonomous systems capabilities into South Africa’s defence and space ecosystem, and to build from there across the wider African market,” he added.

    Hailing the agreement, Ambassador Justice Piitso, South Africa Director, Genrobotics, said the collaboration marks a significant milestone for Genrobotics Africa.

    “It positions us to work closely with Armscor in translating this MoU into real, on-the-ground defence and space robotics capability for South Africa and the region,” he pointed out.

    The Genrobotics-Armscor collaboration brings together the South African state entity responsible for meeting the defence material requirements of the Department of Defence and a robotics and deep-tech company working on autonomous and space-grade robotic systems.

    Through the MoU, Armscor and Genrobotics will explore opportunities spanning defence, space, satellite and dual-use robotics technologies, with potential applications across South Africa, SADC, the wider African market and other international markets.

    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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