Stay Updated: This Week’s Top News Stories
Stay updated with our weekly round up of funding and M&A news, bringing you the latest from the startup ecosystem.
This Week at Ecosystem Ventures
Key Highlights – ✨16th iLEAD Foundation Day 2k25
iLEAD Group celebrated its 16th Foundation Day, reflecting on its journey of growth and impact with one of the founding pillars of iLEAD, Mr. Jagdish Verma, and our founder, Mr. Abhishek Sanghvi. This event also marked a renewed commitment to social responsibility and future-focused initiatives. The day brought the team together through laughter and a lively treasure hunt🎉🥳
📸 Check out the celebration highlights here
Startup Funding Summary
Spinny
Gurugram-based auto-tech platform, has raised $131 Mn in a funding from Accel Leaders, Elevation Capital, Tiger Global, Fundamentum and other HNIs
Infinity Fincorp
Mumbai-based NBFC, has raised $40 Mn in extended Series A funding from Beams Fintech, True North LLP, Jungle Ventures and Archerman Capital
Scapia
Bengaluru-based travel fintech startup, has raised $40 Mn in Series B funding from Peak XV Partners, Elevation Capital, Z47 and 3STATE Capital
Tonbo Imaging
Mumbai-based defence-tech startup, has raised $21 Mn in Series D pre-IPO funding from Florintree Advisors, Tenacity Ventures and the Export-Import Bank of India
Pratilipi
Bengaluru-based story-telling platform, has raised $20 Mn in Series E funding from Jungle Ventures
M&A Snippets
US-based consulting firm Kenexai has acquired Ahmedabad-based IT services & consulting firm Ridgeant India for an undisclosed amount
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