• 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. Venomics AI raises $2.7 million in a pre-seed round co-led by Speciale Invest and South Park Commons, with Operators Studio 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. 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. Venomics AI raises $2.7 million in a pre-seed round co-led by Speciale Invest and South Park Commons, with Operators Studio 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.
  • Milliken Launches State-of-the-Art Pilot Plant Facility in Pune

    Milliken

    Pune: Milliken & Company has expanded its innovation footprint in India with the inauguration of a new state-of-the-art pilot plant facility in Pune, strengthening its polymer solutions business and enhancing its ability to accelerate innovation for customers worldwide.

    The new Milliken facility has been designed to support end-to-end processing across powder, dough and paste, and liquid systems.

    By enabling the simulation of real-world manufacturing conditions, the pilot plant will allow Milliken to develop scalable, reliable and high-quality solutions with greater speed and precision, helping move ideas from concept to commercialization more efficiently.

    “The opening of this pilot plant reflects Milliken’s continued investment in innovation and customer focused capabilities,” said Joseph Varghese, VP Operations & Country Manager for Milliken in India.

    “By bringing advanced processing and testing capabilities together in one location, we can accelerate development timelines and deliver solutions that meet the evolving needs of our customers globally.”

    The new Milliken facility is equipped with advanced pilot-scale machinery and flexible systems that support a broad range of processing requirements, including mixing, extrusion, granulation, drying and milling.

    Its capabilities span multiple formulation types, from powders to high-viscosity liquids, enabling teams to replicate diverse production environments and validate processes under varying conditions.

    Also Read: Sudarshan Chemical Opens Second Global Headquarters Near Frankfurt Following Heubach Integration

    Built with high-grade contact materials and integrated safety features, the Pune facility has been designed to ensure efficiency, consistency and safe operation across all activities.

    The advanced infrastructure further reinforces the company’s commitment to delivering high-performance material solutions.

    Specialized equipment at the facility supports key processing and formulation requirements, ranging from extrusion and particle size reduction to controlled granulation and temperature-managed liquid blending.

    These capabilities enable the company to explore a broad spectrum of applications and provide customers with solutions that are both technically robust and ready for scale-up.

    With this latest investment, Milliken is strengthening its ability to shorten development cycles, support faster scale-up and respond more effectively to evolving customer needs.

    The facility also expands the company’s capabilities in consumer-packaged goods and adjacent applications, reinforcing Milliken’s commitment to delivering innovation, speed and customer collaboration across global 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.

    Back to top