• 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.
  • Poonawalla Fincorp Launches 24×7 Fully Digital Business Loan for MSMEs

    Digital Business Loan for MSME

    Mumbai: In a landmark move to empower India’s micro, small, and medium enterprises (MSMEs), Poonawalla Fincorp Limited (PFL) today announced the launch of Business Loan 24/7, a first-of-its-kind Digital Business Loan for MSMEs.

    This innovative solution delivers instant loan approvals via a fully digital journey powered by a next-gen risk-first credit model.

    Also Read: Loan Against Insurance Policy Gains Traction: INR 900 Cr Disbursed by ICICI Prudential Life

    Backed by the Cyrus Poonawalla Group, PFL is using advanced technology and real-time analytics to simplify MSME credit access.

    The Digital Business Loan for MSME through the new Business Loan 24/7 platform enables a seamless, paperless application process through Straight Through Processing (STP) – eliminating the need for in-person visits or paperwork.

    Digital Business Loan for MSME

    The offering integrates India’s robust digital public infrastructure, including GST data, account aggregator frameworks, and credit bureau systems, to assess MSME creditworthiness beyond traditional criteria. With flexible repayment options and real-time verification, the platform ensures responsible lending while enhancing credit accessibility.

    Arvind Kapil, MD & CEO of PFL, remarked, “India’s $4 trillion economy will be driven by MSMEs. Our digital infrastructure – credit bureaus, GST networks, and account aggregators – gives us the perfect foundation to offer risk-calibrated lending solutions. Business Loan 24/7 is our commitment to simplify and scale access to credit responsibly.”

    Also Read: RBI Leverages WSO2 to Cut Loan Processing Time from Weeks to Minutes

    This strategic launch follows the success of PFL’s 24/7 digital loan for salaried professionals and further strengthens its competitive position. The company plans to scale this offering across Tier 1, Tier 2, and Tier 3 cities, catering to key sectors like retail, trade, services, and manufacturing.

    By aligning technology with credit innovation, PFL’s Digital Business Loan for MSMEs is poised to redefine lending norms and accelerate financial inclusion in India’s fast-growing MSME sector.

    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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