Pravin Agarwala

Awiros has announced the appointment of Visionary Leader Prateek Mahajan as Chief Operating Officer (COO), bringing over 13 years of experience in building and scaling organizations across B2B SaaS, e-commerce, and supply chain sectors. An alumnus of IIM Ahmedabad, Prateek has held leadership roles at Unicommerce, Flipkart, and OYO, where he demonstrated expertise in team leadership, business operations, and revenue optimization. In his previous role at Unicommerce, he led business operations and retention revenue, contributing to the company’s successful IPO in 2024. Prateek’s proven track record in scaling operations and driving sustained growth positions him to play a key role in Awiros’ next phase of expansion. Vikram Gupta, Founder & CEO of Awiros, said, “Prateek brings deep operational expertise, sharp business acumen, and extensive industry knowledge. His ability to build high-performing teams and optimize enterprise operations will be instrumental in accelerating Awiros’ global growth.” Awiros is rapidly scaling its AI solutions across aerospace, aviation, manufacturing, logistics, construction, and mining. Prateek’s leadership will strengthen execution, enhance customer impact, and drive global expansion. CXO TechBOT extends its best wishes to Prateek Mahajan in his new role. #Awiros #PrateekMahajan #COOAppointment #AIInnovation #GlobalExpansion #BusinessOperations #EnterpriseSaaS #Leadership #GrowthStrategy #DigitalTransformation

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🚨 ELIVAAS raises Rs 87 Cr in Series B round led by Vertex Ventures Southeast Asia & India. Luxury vacation rental platform ELIVAAS has raised ₹87 crore in a Series B round led by Vertex Ventures SE Asia & India, with participation from Peak XV Partners’ Surge and 3one4 Capital. Founded in 2023 by Ritwik Khare and Karan Miglani, ELIVAAS will use the funds to deepen its footprint in India, explore select international markets, and strengthen its tech for seamless, high-end travel experiences. Operating across 30 destinations, the brand saw a 5x revenue growth in FY25 and aims to be a trusted name in luxury travel worldwide. Read more: https://lnkd.in/gecZPs2J By Trisha Medhi #StartupNews #LuxuryTravel #Funding #IndiaStartups #ELIVAAS

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Prayank Swaroop, Partner at Accel, spoke with Press Trust of India (PTI) about the opportunities for Indian startups looking to develop AI solutions, in light of DeepSeek AI's recent breakthroughs. Read the full interview here: https://lnkd.in/ggJznfjA

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OnGrid has brought Manav Jain onboard as Chief Business Officer, tapping into his two-decade journey across SaaS, fintech, IT, and manufacturing sectors. With stints at LocoNav, Paytm, and Microsoft, his expertise blends corporate leadership with startup agility through ventures like UniHyr and Hyrr. An alum of XLRI and the Asian Institute of Management, Manila, Manav steps into a multi-functional role overseeing growth, operations, and execution across tech, HR, finance, legal, and customer success. His focus will be on driving long-term, scalable strategy for OnGrid’s trust-driven platform. #OnGrid #LeadershipMove #BusinessStrategy #TechLeadership #SaaS #FintechIndia #ManavJainMoves

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Eight leading India- and US-based VC firms have come together to launch the India Deep Tech Alliance (IDTA), pledging to infuse over $1 Bn into Indian deeptech startups over the next decade. The initiative was announced by Sriram Viswanathan, founding managing partner of Celesta Capital, at SEMICON India 2025. He said the alliance will mobilise capital and expertise to build “category-defining deeptech companies from India” while strengthening the US–India corridor. Members of the alliance include: Accel, Blume Ventures, Gaja Capital, Ideaspring Capital, Premji Invest, Tenacity Ventures, Venture Catalysts++ | India's 1st Multi-Stage VC, and Celesta Capital. The capital will be deployed across semiconductors, spacetech, quantum computing, robotics, AI, biotech, medical devices, energy, and climate tech over the next 5–10 years. IDTA also expects commitments to grow as new members join. #indian #amercian #DeeptechFund #USBasedVCFirms #startupUpdates #startupro

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Does your VC join you in the trenches? 🤨 Kiran Venkatesh, founder of FrontM, shares what sets Motion Ventures apart: not just capital but true collaboration. From strategy to the small stuff, the team locked in with him in Bangalore to pressure-test ideas, challenge assumptions, and go deep into the details that actually move the needle. Because founders don’t just need funding. They need partners who get #BuildingMaritime #MVFounders Shaun Hon Belle Lim Cliff Tan

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ROHIT BAFNA's 888vc has introduced its first INR 175 Cr ($19 Mn) AIF, targeting early-stage Indian deeptech startups in AI and sustainability. Over three years, investments will range from INR 2 Cr to INR 4 Cr, focusing on scalable tech ventures. Founded in 2022, 888VC has already invested $12 Mn across 20 startups like EcoRatings and Finly, valuing its portfolio at over $500 Mn. Addressing funding gaps, this AIF complements government initiatives like the INR 1 Lakh Cr RDI scheme and efforts from firms like Speciale Invest and Yali Capital. #Deeptech #StartupFunding #IndiaAIF #DeccanFounders

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Eternal Capital (India), an early-stage VC fund started by former bharatpe COO Dhruv Dhanraj Bahl, has rebranded itself as Sadev Ventures. The firm said the new name aligns with its family office identity and values. With this change, Sadev Ventures will continue its India-first focus while also helping portfolio companies expand globally through support from international LPs and strategic partners. Read full article link in the commment 👇 #sadevventures #eternalcapital #vc #rebrand #startupnews

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Seed-stage venture firm Titan Capital has introduced the Indicorns 2025 List—a compilation of 202 startups that have crossed Rs 100 crore in annual revenue and achieved profitability. The announcement was made at India Internet Day. Titan Capital was founded by Snapdeal co-founders, Kunal Bahl and Rohit Bansal. As a collective, these 202 startups generated Rs 1.51 lakh crore in revenue and Rs 7,393 crore in profits in FY24. The top sectors represented include fintech (50 companies), e-commerce (16), and logistics (13). Cities leading the charge are Delhi NCR (51 Indicorns), followed by Bengaluru (42) and Mumbai (35). "These companies are proving that building enduring businesses in India is not just possible, but already happening at scale. We hope this list inspires a new generation of founders to chase not just scale, but strength," Bahl said. Read the full story here:👇 https://lnkd.in/d4_yb_z2 #bengaluru #indicorns #unicorns #startups #profit #business #indianstartupnews

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Join Sidharth Madaan, Managing Director and Partner at BCG, and Upasana Taku, Co-Founder of MobiKwik, as they delve into India’s fintech industry - from UPI, tech, GenAI to startups and investments. In this episode from the ‘Pivot Point: The Distributor’s Playbook’ series by TiE Delhi-NCR, in collaboration with BCG, our experts discuss: • Where India’s fintech holds growth potential, with digital payments driving wider access to credit, insurance, and wealth services. • How AI enables fintech innovation in fraud detection, identity verification, underwriting, multilingual access, and customer support efficiency. • Why founders now prioritize profitability and governance, while boards and management ensure responsible growth despite market volatility. Tune in to watch the full video: https://on.bcg.com/48opQrt #BCGinIndia

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Industrial analytics startup Infinite Uptime raises $35 million from Avataar Venture Partners, others In an interaction with ET, the Pune-based startup's founder and CEO Raunak Bhinge said that the funds will be deployed for its planned expansion in the US market -- where the tariffs imposed by President Donald Trump could act as tailwinds for domestic heavy industries, which form Infinite Uptime's key client base. The round also saw participation from New York-based funds StepStone Group and LGVP, in addition to existing backers Tiger Global Management and GSR Ventures. By Ajay Rag & Pranav Mukul

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We led ELIVAAS’s INR 87 Crores (USD 10.4 Million) Series B funding round, alongside Peak XV Partners’ Surge and 3one4 Capital. Founded by Ritwik Khare and Karan Miglani, ELIVAAS is redefining luxury vacation rentals in India with a tech-driven platform that delivers value for both travellers and homeowners. This investment will accelerate their growth in India and lay the foundation for international expansion. As Founder & CEO Ritwik Khare shares: “This round will enable us to not only grow aggressively in India but also lay the groundwork for international expansion. Our focus remains on leveraging technology to ensure seamless, high-quality experiences at scale while strengthening ELIVAAS as a trusted brand in luxury travel.” From our perspective, as Nikhil Marwaha, Partner at Vertex Ventures SEA & India, puts it: “We see a fast-growing opportunity to leverage second homes supply to provide premium travel experiences in India via alternate accommodation. ELIVAAS is best suited to capture this market with their technology-enabled platform and obsessive commitment to customer experience, which is loved by both homeowners and consumers.” To celebrate this milestone, ELIVAAS is offering a 10% discount on bookings for the first 100 users with the code VERTEX10. This offer also gives an additional 10% off on top of all website offers. We are excited to partner with Ritwik, Karan, and the ELIVAAS team as they scale their brand in luxury travel. Read more: https://lnkd.in/gx7vB_6b #LuxuryTravel #VacationRentals #StartupFunding #TravelTech #VertexVentures #VVSEAI

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B2B manufacturing startup CAPGRID Solutions raises $5M in funding Founded in 2020 by Dheeraj Tiwari and Himanshu Singh R., CapGrid Solutions is a Gurugram-based company supporting original equipment manufacturers (OEMs) and tier-1 suppliers in the automotive industry by simplifying direct material sourcing and procurement. #B2BManufacturing #AutomotiveTech #SupplyChainInnovation #PrecisionParts #StartupFunding

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