Think | Create | Scale
Follow
  • Startup Pulse
    CapGrid raises ₹50 crore in a pre-Series B round led by Hero Enterprise Venture Partners at a ₹430 crore valuation, including primary and secondary transactions. Qiroko raises ₹1.5 crore in a pre-seed round led by ISV Capital, with angel participation. Manastu Space raises ₹22 crore from Gandhi Securities, Thacker Legacy Trusts and angel investors in an ongoing round. BAAS Technologies raises ₹49.98 lakh from AIC-RNTU Foundation under the GENESIS Investment Component. Docterz raises ₹5 crore in funding from Vineeta Singh, Avnish Anand and around 20 doctors who use the platform. AceBlend raises $9.91 million in a Series A2 round led by 3one4 Capital, with Fireside Ventures participating. Jagruti Rehabilitation Centre raises ₹28 crore in a Series A round led by Alkemi Growth Capital. Carbelim raises ₹10 crore from the IIT Madras Unicorn Frontier Fund. Viridian Ingni Propulsion raises ₹1.47 crore in a pre-seed round led by Inflection Point Ventures. Venttup raises $3 million in a pre-Series A round led by Rainmatter and Unicorn India Ventures. CapGrid raises ₹50 crore in a pre-Series B round led by Hero Enterprise Venture Partners at a ₹430 crore valuation, including primary and secondary transactions. Qiroko raises ₹1.5 crore in a pre-seed round led by ISV Capital, with angel participation. Manastu Space raises ₹22 crore from Gandhi Securities, Thacker Legacy Trusts and angel investors in an ongoing round. BAAS Technologies raises ₹49.98 lakh from AIC-RNTU Foundation under the GENESIS Investment Component. Docterz raises ₹5 crore in funding from Vineeta Singh, Avnish Anand and around 20 doctors who use the platform. AceBlend raises $9.91 million in a Series A2 round led by 3one4 Capital, with Fireside Ventures participating. Jagruti Rehabilitation Centre raises ₹28 crore in a Series A round led by Alkemi Growth Capital. Carbelim raises ₹10 crore from the IIT Madras Unicorn Frontier Fund. Viridian Ingni Propulsion raises ₹1.47 crore in a pre-seed round led by Inflection Point Ventures. Venttup raises $3 million in a pre-Series A round led by Rainmatter and Unicorn India Ventures.

    • Just In

    Infinite Uptime Acquires Stake in Covacsis Technologies

    Spotlight Posted on  —by Salil Urunkar  3
    Infinite Uptime

    Pune: Infinite Uptime, a player in AI-driven industrial diagnostics, has acquired a minority stake in Covacsis Technologies Pvt. Ltd. from Thermax Limited (NSEI:THERMAX) for ₹1 million. This strategic investment, finalized on April 4, 2025, marks a significant step in the company’s expansion into the industrial IoT and smart manufacturing sectors.​

    LegaLogic Consulting acted as the sole legal advisor for Infinite Uptime, managing due diligence and the comprehensive legal framework of the transaction. Dr. Raunak Bhinge, Founder and CEO of Infinite Uptime, praised LegaLogic’s meticulous approach, stating, “LegaLogic played a crucial role in ensuring the best outcome for Infinite Uptime and achieving the core objectives of the mandate.”​

    Pentathlon Ventures Invites B2B Tech Founders for Pitch Day in Hyderabad

    Infinite Uptime Enhances Service Offerings

    The company specializes in advanced analytics and real-time diagnostics, providing predictive maintenance solutions that help industries prevent machinery failures. The company’s investment in Covacsis Technologies, known for its expertise in industrial IoT and digital manufacturing, is expected to enhance its service offerings and market reach.​

    Thermax Limited announced the sale of its stake in Covacsis Technologies, resulting in Covacsis no longer being an associate company of Thermax. The transaction, compliant with SEBI’s LODR Regulations, was finalized on April 4, 2025.

    Poonawalla Fincorp Unveils AI-Powered Debt Management Platform

    Thermax sold its stake for approximately ₹10 crores, with Covacsis having reported a loss of ₹1.79 crores in FY 2023-24. This strategic divestment aligns with Thermax’s focus on core business areas and operational efficiency.

    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.

    Related Posts

    Discussion

    1. Tata BlueScope Steel Advances Green Construction With PRISMA Steel - Sahyadri Startups

      […] Pune: In response to India’s growing demand for eco-conscious and high-performance construction materials, Tata BlueScope Steel has unveiled PRISMA, an advanced pre-painted alloy-coated steel that combines durability, aesthetics, and sustainability for modern infrastructure applications. […]

    2. PIBM Hosts Uddipan 2025, Launches Job App For Sector Growth - Sahyadri Startups

      […] Pune: The Pune Institute of Business Management (PIBM) successfully hosted Uddipan 2025, a national summit dedicated to strengthening India’s MSME ecosystem through innovation, employment generation, and strategic collaboration. […]

    3. Frinks AI Secures USD 5.4 Million In Pre-Series A Funding Led By Prime Venture Partners - Sahyadri Startups

      […] company is building foundational Vision AI models to transform quality control in global manufacturing operations.Drone-Tech Startup Volar Alta Wins Maruti Suzuki Incubation […]

    Comments are closed.

    Sahyadri Startups
    Copyright © 2026. All rights reserved. Powered by Rumanvay Growth Partners LLP Powered by Probewise.
    Back to top