• 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.
  • Viasat Space for Good Challenge 2025: Eight Indian Student Teams Advance to Finals

    Viasat Space for Good Challenge 2025

    New Delhi: Viasat Inc., a global leader in satellite communications, has officially launched the India edition of the Viasat Space for Good Challenge 2025, a pioneering global STEM innovation competition.

    The initiative, which has already achieved success in the United States and United Kingdom, is being hosted in partnership with BSNL and government agencies. The India finals are scheduled to take place in New Delhi on September 26, bringing together university-level students from leading academic institutions.

    The Viasat Space for Good Challenge 2025 attracted more than 9,000 applications globally and is making its India debut this year. Following multiple screening phases, eight finalists from across the country have been selected to present groundbreaking ideas in sustainable space technology.

    Also Read: India Deep Tech Investment Alliance to Drive Capital into Semiconductors, AI, and Space

    Their projects include orbital manufacturing hubs, asteroid resource mining, electromagnetic satellite propulsion, intelligent space debris tracking systems, plasma-based communication, and satellite-enabled emergency SOS networks.

    Gautam Sharma, Managing Director of Viasat India, stated: “India is rapidly emerging as one of the world’s leading space nations. For Viasat, India represents not just a key market but also a hub of unmatched creativity and talent among young people.

    The Viasat Space for Good Challenge 2025 is aimed at equipping the next generation of STEM leaders with resources, mentorship, and opportunities to deliver solutions that advance sustainable space technology for the future.”

    The India finalists of Viasat Space for Good Challenge 2025 represent institutions including Indian Institute of Technology (IIT) Kanpur, Birla Institute of Technology and Science (BITS), Kalinga Institute of Industrial Technology (KIIT), SASTRA University, Nirma University, and Thapar Institute of Engineering & Technology.

    Also Read: SatSure Partners with Pixxel, Dhruva Space, PierSight for Indigenous EO Satellite Constellation

    Structured across three global tracks – the US, UK, and India – the 2025 challenge emphasizes the development of sustainable space technologies that enhance life on Earth.

    Viasat Space for Good Challenge 2025: Participants undergo three phases:
    • Phase 1: Submission of initial concepts
    • Phase 2: Digital entries with refined proposals
    • Phase 3 (Finals): 30-minute pitches evaluated by industry leaders on technical, design, policy, and implementation criteria.

    In India, each finalist team is paired with a Viasat mentor to guide them through the competition and beyond, with mentorship continuing for six months post-event.

    Winners will be awarded university scholarships to further strengthen their contributions to the global space technology ecosystem.

    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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