• Startup Pulse
    CapGrid raises ₹50 crore in a pre-Series B round led by Hero Enterprise Venture Partners at a ₹430 crore valuation, including primary and secondary transactions. Qiroko raises ₹1.5 crore in a pre-seed round led by ISV Capital, with angel participation. Manastu Space raises ₹22 crore from Gandhi Securities, Thacker Legacy Trusts and angel investors in an ongoing round. BAAS Technologies raises ₹49.98 lakh from AIC-RNTU Foundation under the GENESIS Investment Component. Docterz raises ₹5 crore in funding from Vineeta Singh, Avnish Anand and around 20 doctors who use the platform. AceBlend raises $9.91 million in a Series A2 round led by 3one4 Capital, with Fireside Ventures participating. Jagruti Rehabilitation Centre raises ₹28 crore in a Series A round led by Alkemi Growth Capital. Carbelim raises ₹10 crore from the IIT Madras Unicorn Frontier Fund. Viridian Ingni Propulsion raises ₹1.47 crore in a pre-seed round led by Inflection Point Ventures. Venttup raises $3 million in a pre-Series A round led by Rainmatter and Unicorn India Ventures. CapGrid raises ₹50 crore in a pre-Series B round led by Hero Enterprise Venture Partners at a ₹430 crore valuation, including primary and secondary transactions. Qiroko raises ₹1.5 crore in a pre-seed round led by ISV Capital, with angel participation. Manastu Space raises ₹22 crore from Gandhi Securities, Thacker Legacy Trusts and angel investors in an ongoing round. BAAS Technologies raises ₹49.98 lakh from AIC-RNTU Foundation under the GENESIS Investment Component. Docterz raises ₹5 crore in funding from Vineeta Singh, Avnish Anand and around 20 doctors who use the platform. AceBlend raises $9.91 million in a Series A2 round led by 3one4 Capital, with Fireside Ventures participating. Jagruti Rehabilitation Centre raises ₹28 crore in a Series A round led by Alkemi Growth Capital. Carbelim raises ₹10 crore from the IIT Madras Unicorn Frontier Fund. Viridian Ingni Propulsion raises ₹1.47 crore in a pre-seed round led by Inflection Point Ventures. Venttup raises $3 million in a pre-Series A round led by Rainmatter and Unicorn India Ventures.
  • Wipro Acquires HARMAN DTS Business Unit

    Wipro Acquires HARMAN DTS

    Bengaluru: Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), an AI-powered technology services and consulting company, today announced that it has entered into an agreement to acquire the Digital Transformation Solutions (DTS) business unit of Harman, a Samsung company.

    The acquisition of Harman DTS unit expands Wipro’s engineering research and development (ER&D) services, bolstering its capabilities in AI-driven digital engineering and device engineering across industries such as technology, aerospace, healthcare, industrial, and consumer sectors.

    Wipro Acquires HARMAN DTS to Expand ER&D Capabilities Globally

    As part of the agreement, more than 5,600 Harman DTS employees, including senior leadership, across the Americas, Europe, and Asia will transition to Wipro upon closing of the deal. The acquisition, subject to regulatory approvals, is expected to be completed by December 31, 2025.

    Also Read: Wipro Q1 FY26: Large Deal Wins Soar to USD 2.7 Billion, Net Income Up 10.9 Per Cent

    Srini Pallia, CEO and Managing Director of Wipro Limited, said: “Welcoming DTS into the Wipro family marks a pivotal step in our transformation journey. Their specialized engineering expertise, combined with Wipro’s consulting-led, AI-powered capabilities, will significantly enhance the value we deliver to clients.”

    He added that DTS’ strong market presence in high-growth sectors complements Wipro’s global footprint, helping accelerate digital innovation, shorten time-to-market, and strengthen its role as a trusted transformation partner.

    AI-Powered Digital Engineering to Drive Next-Gen Innovation

    The Harman DTS business unit brings extensive strengths in domain-led design, connected products, software platforms, and AI-native accelerators. With its unique approach of combining engineering expertise with human-centric design, DTS enables transformation at scale.

    Srikumar Rao, Managing Partner and Global Head of Engineering at Wipro, said: “Together, Wipro and DTS will help clients connect virtual and physical worlds, embed AI across engineering, and unlock scalable innovation across high-growth industries including Hi-Tech, Consumer, Industrial, Healthcare, and Aerospace.”

    Also Read: Cognizant CEO Ravi Kumar S Named Chair of Nasscom US CEO Forum

    Christian Sobottka, CEO of Harman, commented: “This agreement unlocks the next chapter for the DTS business unit—one where it can scale faster, reach more clients, and fully realize its growth potential. As part of Wipro, DTS will have the ecosystem and capabilities needed to expand its impact.”

    Carolin Reichert, Chief Strategy Officer at HARMAN, added that the transaction will allow Harman to sharpen its focus on automotive electronics and audio innovations while continuing to collaborate with Wipro and DTS on AI-first technologies.

    Wipro Acquires HARMAN DTS: Strategic Partnership with Samsung and HARMAN

    As part of the Harman DTS acquisition, Wipro will enter into a multi-year strategic agreement with both HARMAN and Samsung. This collaboration aims to create new avenues for joint growth and strengthen Wipro’s software-defined, platform-centric engineering strategy.

    Following regulatory approval, DTS will be integrated into Wipro’s Engineering Global Business Line. Deutsche Bank Securities Inc. acted as the financial advisor to HARMAN for this transaction.

    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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