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    altM raises $10.3 million in a Series A round led by Rainmatter by Zerodha and Mela Ventures, with Omnivore, Theia Ventures, Aureolis Ventures, Spectrum Impact and strategic angel investors participating. Venomics AI raises $2.7 million in a pre-seed round co-led by Speciale Invest and South Park Commons, with Operators Studio participating. 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. altM raises $10.3 million in a Series A round led by Rainmatter by Zerodha and Mela Ventures, with Omnivore, Theia Ventures, Aureolis Ventures, Spectrum Impact and strategic angel investors participating. Venomics AI raises $2.7 million in a pre-seed round co-led by Speciale Invest and South Park Commons, with Operators Studio participating. 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.

    • Just In

    India’s First Woman-Led AMC Debuts with 4 active funds NFOs

    WISE Posted on  —by Salil Urunkar

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    woman-led AMC

    Mumbai: The Wealth Company Mutual Fund, part of the Pantomath Group, has created history as India’s first woman-led AMC (Asset Management Company) by launching four active New Fund Offers (NFOs) simultaneously.

    The first woman-led AMC also became the first in India to debut its NFOs on the Open Network for Digital Commerce (ONDC), marking a significant step in simplifying and democratizing mutual fund investing.

    Also Read: The Wealth Company Flexi Cap Fund NFO Launched to Tap Multi-Cap Opportunities

    Woman-led AMC: The four funds launched under the debut are
    • The Wealth Company Flexi Cap Fund – focused on agile capital allocation for long-term growth.
    • The Wealth Company Arbitrage Fund – designed to provide stability through arbitrage opportunities.
    • The Wealth Company Ethical Fund – an equity scheme based on Satvik principles, excluding industries like alcohol, tobacco, gambling, narcotics, leather, meat, poultry, pesticides, and animal cruelty.
    • The Wealth Company Liquid Fund – aimed at ensuring liquidity for investors.

    Ethical and Growth-Oriented Funds

    The NFOs opened for subscription on September 24, 2025, and will close on October 8, 2025. Investors can begin with a minimum application amount of ₹1,000 and a Systematic Investment Plan (SIP) starting at ₹250.

    The Ethical Fund particularly highlights the company’s values-first philosophy by combining Dharma (values) and Dhan (wealth) to promote responsible investing.

    The Wealth Company Mutual Fund is led by Madhu Lunawat, Founder, MD & CEO, along with Aparna Shanker, CIO – Equity, Umesh Sharma, CIO – Debt, and the Chief Compliance Officer. This all-woman leadership at the top marks a first in India’s AMC space.

    The woman-led AMC differentiates itself with private equity-style diligence, incorporating forensic and legal checks, and continuous monitoring through dynamic dashboards. This approach strengthens investor confidence through sharper risk management and proactive oversight.

    Also Read: The Wealth Company Mutual Fund Launches First NFO on ONDC Network

    Distributor-First Growth Model

    Built with distributors and advisors at its core, The Wealth Company Mutual Fund has already established a presence across 110+ cities and 450+ franchise partners.

    By investing in training, digital onboarding, and simplified processes, the AMC is empowering distributors to deliver efficient and transparent servicing to investors.

    In collaboration with Cybrilla Technologies Pvt. Ltd., the AMC has also become the first to distribute NFOs on the ONDC network, further expanding accessibility to mutual funds across India.

    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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