Ecosystem Weekly | 17th July’22

July 18, 2022
Homepage, Startup Newsletter, Venture PulseNo Comments

11 investments, ~₹100 Cr. of total fund-raise by portfolio companies, 4.5x annualized returns with Zero Venture failures and 10x team growth. What a journey it has been!
Ecosystem Ventures started with a mission to ensure startup growth and success by bringing multitude of capabilities back in July 2020. In the past 24 months, we have gone above and beyond to help startups become successful, and generate multi-fold returns for investors. What started with 2 co-founders and a small team has now grown to house 6 senior Partners, all with 18+ years of experience and from Top Pedigree, and a dedicated team of 25+ Analysts, Associates and Leaders.
This wouldn’t have been possible without the continuous support of our Advisors, Industry Experts, Angel Investors, Family Offices, Funds and the Rockstar Founders we’ve worked with.
Thank you so much for being a part!

 

A word from our Co-Founders

Abhishek Sanghvi

Co-Founder

It has been an exhilarating journey to help ‘build’ ventures beyond just investing in them. Working closely with exceptional founders as their strategy team has allowed us to create deep impact in multiple ventures. I’m committed to unlocking the power of our ecosystem to help 5x more companies in the coming quarters

Abhijeet Bhandari

Co-founder

It has been quite an exciting journey to help entrepreneurs in their path of rapid scaling. It gives me great pleasure that our entrepreneurs and investors find a lot of value in what we do and appreciate our work. We are continuously striving to improve ourselves and would be great to hear your feedback.

Startup Funding Summary

Detect Technologies, a Chennai-based AI startup, has raised $28 million in Series B funding from Prosus Ventures, Accel, Elevation Capital, Shell Ventures, Bharat Innovation Fund and Bluehill Capital – Read More

Vegrow, a Hyderabad-based B2B agritech startup, has raised $25 Mn in Series B funding from Prosus Ventures, Matrix Partners India, Elevation Capital, Lightspeed India and Ankur Capital  – Read More

Wysa, a Bangalore-based AI-powered mental health platform, has raised $20 Mn in Series B funding from HealthQuad, British International Investment, W Health Ventures, Kae Capital, Google Assistant Investments and pi Ventures – Read More

String Bio, a Bangalore-based food tech startup, has raised $20 Mn in Series B funding from Ankur Capital, Dare Ventures, Redstart, Zenfold Ventures and Woodside Energy  – Read More

Wheelocity, a Chennai-based fruits & vegetable supply chain startup, has raised $12 Mn in Series A funding from Lightspeed India Partners and Anicut Capital – Read More

M&A Snippets

Bangalore-based digital healthcare platform MediBuddy has acquired Hyderabad-based online doctor consultation startup Clinix, for an undisclosed amount – Read More

Mumbai-based edtech unicorn upGrad has acquired Bangalore-based recruitment and staffing firm WOLVES for an undisclosed amount  – Read More