• Startup Pulse
    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.
  • NCIIPC Startup India AI Grand Challenge: Startups Invited to Solve 12 National Security Challenges

    NCIIPC Startup India AI Grand Challenge

    New Delhi: The National Critical Information Infrastructure Protection Centre (NCIIPC), in collaboration with Startup India, has launched the NCIIPC Startup India AI Grand Challenge, an ambitious initiative to foster responsible AI innovation aimed at bolstering India’s national security infrastructure.

    With a prize pool of ₹22.56 crore, the NCIIPC Startup India AI grand challenge invites deep tech startups and AI-focused student teams from across India to build indigenous, high-impact AI/ML-powered solutions addressing 12 mission-critical Problem Statements (PS) in domains such as cybersecurity, satellite imagery, cryptology, geospatial analytics, OSINT, and maritime surveillance.

    Also Read: HDFC Life InsUReka: HDFC Life and SINE IIT Bombay Launch Innovation Challenge

    This 14-month-long NCIIPC Startup India AI grand challenge – set to run from August 1, 2025 to September 30, 2026 – is structured in three phases with attractive incentives for participants at each stage:

    Prize and Grant Breakdown

    • Stage 1 (Aug–Oct 2025): ₹3 lakh prize + ₹5 lakh grant per shortlisted team
    • Stage 2: ₹10.8 crore total allocation
    • Stage 3: ₹6 crore in rewards
    • Post-Challenge: Eligible winning teams may receive commercial contracts for solution implementation

    NCIIPC Startup India AI Grand Challenge: Key Problem Statements Include

    • Vulnerability Detection Using LLMs in Open-Source Software: Develop a Large Language Model (LLM)-based tool to identify vulnerabilities in software source code and recommend mitigation strategies.
    • Phishing Site Detection: Create an AI/ML-powered solution to accurately detect phishing domains and webpages, especially those targeting specific organizations.
    • Satellite Imagery Object Search and Detection: Design a system that automates the search, identification, and detection of objects across various satellite images, while generating labeled datasets for training advanced object detection models.
    • Retrieval-Augmented Generation (RAG) for Q&A: Build a Retrieval-Augmented Generation-based question answering system capable of delivering accurate and context-aware responses.
    • Intelligent Multilingual Document Processing: Develop a high-accuracy OCR and intelligent text extraction solution for digitizing documents in multiple languages.
    • Speaker Recognition and Transcription System: Create a language-agnostic system capable of speaker identification, verification, diarization, followed by transcription and translation.
    • Forensic Password Extraction and Decryption: Design a solution to extract and decrypt passwords from encrypted or protected documents, drives, and compressed files for forensic investigations.
    • Enhanced Emitter Localization: Build a cross-sensor localization enhancement system aimed at minimizing the Ellipse Error Probable (EEP) for improved emitter location accuracy.
    • Maritime Surveillance Using AI: Develop an AI solution to detect and classify maritime objects using wide-swath SAR/EO imagery and perform multi-sensor data correlation for enhanced situational awareness.
    • AI-Driven Change Detection in Satellite Imagery: Design AI algorithms to automatically detect and analyze human-induced changes in large landmasses over time using satellite imagery.
    • Hyperspectral Imaging for Anomaly Detection: Develop sophisticated AI tools to identify unnatural anomalies in hyperspectral imagery with high accuracy.
    • Underwater Acoustic Analysis for Object Detection: Create an AI-powered solution to detect and classify underwater objects using acoustic data for enhanced underwater domain awareness.

    Also Read: InnoVent Hackathon 2026 Opens for Entries, Focuses on AI and Smart Mobility Innovation

    NCIIPC Startup India AI Grand Challenge Timeline
    • Pre-Launch & Registration: Until July 31, 2025
    • Stage 1 Submissions Close: October 31, 2025
    • Shortlisting & Evaluation: November 1 – December 15, 2025
    • Max 6 teams per problem statement to be shortlisted for Stage 2

    Eligibility

    NCIIPC Startup India AI grand challenge is open to all Indian startups and student teams working in AI and capable of solving real-world, high-security challenges through responsible innovation.

    This initiative aligns with India’s strategic focus on Atmanirbhar Bharat and the development of sovereign AI capabilities for defense, cybersecurity, and intelligence applications.

    Click here to register for the NCIIPC Startup India AI Grand Challenge

    About NCIIPC

    The National Critical Information Infrastructure Protection Centre (NCIIPC) is India’s nodal agency for protecting critical information infrastructure, under the National Technical Research Organisation (NTRO). Its mission is to ensure the cybersecurity of sectors vital to national interests.

    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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