• Startup Pulse
    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. Dispatch Network raises ₹5 crore in a pre-seed round led by Antler India, with angel investors participating. Two Point O Capital raises $10 million in a round led by Transition Venture Capital, with Omnivore and angel investors 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. Dispatch Network raises ₹5 crore in a pre-seed round led by Antler India, with angel investors participating. Two Point O Capital raises $10 million in a round led by Transition Venture Capital, with Omnivore and angel investors participating.
  • Tata Elxsi Launches Battery Aadhaar Powered by MOBIUS+ at Battery Summit 2025

    Tata Elxsi

    Bengaluru: Tata Elxsi, a global leader in design and technology services, showcased Battery Aadhaar, its innovative digital battery identity platform powered by MOBIUS+, at the Battery Summit 2025 organized by WRI India.

    The initiative marks a pivotal step in building India’s digital infrastructure for battery traceability, regulatory compliance, and circular economy alignment.

    The project is part of a consortium-led effort supported by the United Nations Environment Programme (UNEP) under the ‘Electrifying Mobility in Cities’ initiative, in collaboration with NITI Aayog and the Department of Science & Technology, Government of India.

    Partnering with key players such as Tata Motors, Tata AutoComp Systems (TACO), IIT Kharagpur, LOHUM Cleantech, NUNAM Technologies, Oorja Energy, and WRI, Tata Elxsi introduced Battery Aadhaar as a national solution to establish secure, digital identities for batteries across their full lifecycle – from manufacturing to reuse and recycling.

    “MOBIUS+ is built to transform India’s clean mobility future by delivering secure, transparent, and scalable digital solutions,” said Anil Radhakrishnan, Chief Product Officer, Tata Elxsi. “With Battery Aadhaar, we are laying the foundation for a policy-aligned and globally adaptable battery ecosystem.”

    Tata Elxsi: Key Features of Battery Aadhaar Powered by MOBIUS+
    • Digital Product Passport (DPP) creation and secure battery identity generation
    • Blockchain-based traceability and tamper-proof audit trails
    • Real-time data access and battery lifecycle mapping
    • Role-specific dashboards for OEMs, recyclers, manufacturers, and regulators
    • Predictive analytics on battery health and residual life
    • AI Co-pilot to assist in regulation compliance and automated reporting

    Delegates, including Dr. Jitendra Singh, Minister of State for Science & Technology, experienced live demonstrations of QR code-enabled real-time data views, offering a tangible vision of India’s battery traceability roadmap.

    The solution is future-ready, aligned with India’s evolving regulatory landscape, and adaptable to EU Battery Regulation, Japanese, and North American standards, ensuring global compatibility for Indian battery manufacturers and suppliers.

    With its modular architecture and AI-powered intelligence layer, MOBIUS+ empowers all stakeholders in India’s battery value chain with transparent, verifiable, and actionable data – paving the way for a green, data-driven, and self-reliant energy future.

    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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