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Asics SportStyle launches Gel-Nimbus 10.1 sneaker

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Mumbai: Asics SportStyle has launched the Gel-Nimbus 10.1 sneaker. It’s based on the original Gel-Nimbus 10 design from 2008 but reconfigured with an updated tooling system for everyday comfort.

Iconic details, like the asymmetric paneling and open mesh construction from the model’s original design return on the upper. This design direction was originally meant to create a more accommodating fit and complement the foot’s natural bone structure. The quarter mesh application is also met with a seamless mesh panel that’s rendered with a unique geometric pattern.

In the mid to late 2000s, Asics running shoes started using segmented midsole designs with industrial-like aesthetics. The tooling system for this sneaker retains this signature structure, featuring a dual-layer EVA foam, rearfoot and forefoot Gel technology inserts, and a Trusstic support unit. These elements help create a combination of cushioning and stability for better comfort in everyday scenarios.  

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The Gel-Nimbus 10.1 sneakers will be unveiled on Asics SportStyle online and in select stores for Rs 13,999.

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SatLeo Labs raises $5.5m seed funding led by Unicorn India Ventures

Fresh capital to power thermal satellite mission and AI data platform

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MUMBAI: SatLeo Labs has raised $2.2 million in a fresh seed round led by Unicorn India Ventures, taking its total funding to $5.5 million as it steps up efforts to scale its space-based thermal intelligence platform.

The funding round also saw participation from existing backers including Merak Ventures, Java Capital, IIMA-CIIE and deep-tech investor Manish Gandhi.

The capital will be used to accelerate SatLeo’s flagship thermal satellite mission and further develop its AI-powered platform designed to deliver high-resolution thermal and visible data from low Earth orbit. The company aims to turn this data into actionable insights for sectors ranging from climate monitoring to urban planning.

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Over the past year, SatLeo has scaled rapidly, growing its team from 8 to 30 specialists across satellite engineering, thermal sensing and AI-led geospatial analytics. It has also achieved a key milestone with the development of its first experimental payload, TAPAS-1, which reached near flight-ready status within six months and is now positioned for launch.

On the ground, the startup has begun translating its technology into real-world use cases. Pilot projects in cities such as Ahmedabad and Tumakuru have focused on monitoring urban heat islands and air pollution, impacting over 400,000 citizens. At the same time, its commercial pipeline has expanded sharply, with letters of intent rising from around $15 million to over $42 million within a year.

SatLeo Labs co-founder and CEO Shravan Bhati said, “Sustainability has become imperative amid accelerating climate change and rapid urbanisation. This fundraise represents a critical milestone as we move into the execution phase of our next mission.”

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He added that the company is focused on scaling its satellite constellation and enhancing payload performance to deliver thermal intelligence at a global level.

Backing the startup, Unicorn India Ventures managing partner Bhaskar Majumdar said, “Space is an arena where the next wave of technological innovation will emerge. SatLeo’s ability to combine thermal and visible satellite data into real-time insights positions it strongly for long-term growth.”

Looking ahead, SatLeo plans to focus on launch readiness, expanding commercial deployments and scaling its technology stack over the next 12 months.

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As demand for climate and environmental intelligence grows, SatLeo’s latest fundraise signals rising investor confidence in space-tech solutions that bring data from orbit down to everyday decision-making.

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