• 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. 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. 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. 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.
  • HYDGEN and NTU ERI Collaborate to Advance Onsite Green Hydrogen Production

    HYDGEN and NTU ERI Collaborate

    Singapore: HYDGEN, a Singapore and India-based innovator in hydrogen electrolyzer technology, has entered into a strategic research collaboration with the Energy Research Institute at Nanyang Technological University (ERI@N) to develop onsite high-purity hydrogen production systems using advanced Anion Exchange Membrane (AEM) electrolyzers.

    This cutting-edge initiative aims to accelerate decarbonization in energy-intensive industries, particularly semiconductor manufacturing.

    The collaboration will deliver a proof-of-concept system to produce 5N-grade (99.999%) hydrogen on-demand, eliminating the need for high-emission hydrogen logistics and enabling clean, decentralized hydrogen production.

    This high-purity hydrogen is crucial for semiconductor processes such as annealing, etching, and plasma cleaning.

    Speaking on the partnership, Dr Goutam Dalapati, Co-founder and CTO of HYDGEN, said, “Clean hydrogen is a game-changer for industrial decarbonization. This collaboration with ERI@N brings us a step closer to making scalable, high-purity hydrogen production a reality for key sectors like semiconductors.”

    The project integrates HYDGEN’s AEM electrolyzer technology with Pressure Swing Adsorption (PSA) systems to meet the stringent purity requirements of industrial applications. It also aligns with Singapore’s strategic goal to become a global hub for hydrogen innovation by demonstrating an energy-efficient, cost-effective, and emission-free alternative to traditional hydrogen sources such as steam methane reforming (SMR).

    Professor Madhavi Srinivasan, Executive Director at ERI@N, added, “Our collaboration with HYDGEN exemplifies NTU’s commitment to sustainability. Through our Mobile Hydrogen Test-Bed, we will validate this solution’s readiness for deployment, ensuring industry-grade reliability and safety.”

    Key highlights of the HYDGEN – ERI@N project include:
    • Decentralized production of ultra-pure hydrogen, cutting storage and transport emissions.
    • Integration of AEM electrolyzers with purification systems for real-time industrial-grade output.
    • Validation using ERI@N’s Mobile Test-Bed for performance, systemic efficiency, and safety.
    • Support for industries aiming to meet global net-zero goals and attract green investments.

    The pilot project will also explore integration into energy storage systems and green hydrogen-based electricity generation for future applications in data centers, EV charging stations, and microgrids.

    This initiative marks a significant milestone for HYDGEN as it scales hydrogen innovation in Asia and supports the broader commercialization of green hydrogen solutions.

    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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