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    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.

    • Just In

    MDI Megaminds 2025: MDI Gurgaon Showcases Top Startups and Visionary Founders

    Spotlight Posted on  —by Salil Urunkar
    MDI Megaminds

    Gurgaon: MDI Gurgaon successfully hosted the latest edition of its premier startup pitch platform, MDI Megaminds, on 15th June 2025.

    The event, held at the institute’s Lakshya Building, featured live startup pitches, a high-energy Fireside Chat, and insights from industry stalwarts, further strengthening MDI’s leadership in India’s entrepreneurship ecosystem.

    Also Read: MDI Gurgaon Launches Centre for Financial Services to Support Viksit Bharat 2047 Vision

    With over five years of empowering more than 150 startups, MDI Megaminds has become a critical hub for early-stage ventures, investors, and innovators. The 2025 edition brought together disruptive ideas, next-gen founders, and expert mentors across sectors.

    Featured Startups in MDI Megaminds 2025:
    • Interactive Recruitments – An AI-powered edtech marketplace connecting students in Tier 2 and Tier 3 cities with global education and job opportunities.
    • iRasus – Advanced battery analytics for the e-mobility space.
    • TIRTH.com – India’s pioneering AI-based spiritual travel tech platform.
    • VIKARA Studios – Creators of culturally rooted, impact-driven mobile games inspired by Indian legends.

    The session also introduced a new format — a Fireside Chat titled “Problem First or Product First?”, featuring insights from top industry leaders:

    • Sreejit Pillai, CBO, UTI Alternatives
    • Chitranshu Mahant, Co-founder, Primebook
    • Sameer Mathur, MD & CEO, Roinet Solutions

    The event’s jury panel featured renowned names such as Raj Chetan, Sanya Duggal, Arun Mehta, Mayank Bansal, and Dr Ashish Singla, providing constructive feedback and valuable mentorship to participating startups.

    Also Read: Bizmetric Wins 2025 Databricks APJ Innovation Partner of the Year Award

    Prof Leena Ajit Kaushal, Chairperson, MDI Accelcube (MAC), remarked, “At MDI Megaminds, we believe in the power of bold ideas. This platform fosters connections between innovators, investors, and future leaders.”

    Prof Ruchi Agarwal, Faculty In-Charge, MDI Accelcube, added, “We are proud to introduce Fireside Chats and are moving towards establishing a dedicated acceleration and incubation centre to further nurture entrepreneurship.”

    About MDI Gurgaon

    MDI Gurgaon is one of India’s leading business schools, known for championing innovation, leadership, and entrepreneurship.

    Registrations Open: Click here
    For queries: mdimegaminds@mdi.ac.in

    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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