Stay Updated: This Week’s Top News Stories Inside

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


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Key Highlights – Local Startup Meet 2025

We are delighted to share that Mr Aman Jaiswal (Investment Associate, Ecosystem Ventures) has been invited as an evaluator at the Local Startups’ Meet Indore 2025, organised by IIT, Kharagpur. He engaged with emerging entrepreneurs, shared investment insights, and evaluated promising startups, fostering collaboration and innovation within India’s growing startup ecosystem.


Startup Funding Summary


Dhan

Mumbai-based fintech platform, has raised $120 Mn in Series B funding from Hornbill Capital, MUFG and BEENEXT, Ramesh Damani, DSP Family Office, JM Financial Family Office, Aashish Somaiyaa and other HNIs

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Intangles

Pune-based deeptech startup, has raised $30 Mn in Series B funding from Avataar Venture Partners, Baring Private Equity India and Cactus Partners

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Hunger Inc

Mumbai-based F&B brand, has raised $24 Mn in funding from Lighthouse Funds and DSG Consumer Partners

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Ekkaa Electronics

Noida-based electronics system design and manufacturing company, has raised $12 Mn in Series A funding from Mukul Mahavir Aggarwal, the Varun Daga Family, MAIQ Growth Scheme, Caprize Aurix and other HNIs

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Rusk Media

Ahmedabad-based media and entertainment startup, has raised $12 Mn in Series B funding from IvyCap Ventures, LC Nueva, InfoEdge Ventures, Woori Venture Partners and other HNIs

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M&A Snippets


Bengaluru-based fintech startup Groww acquires a Bengaluru-based wealth tech startup Fisdom for an undisclosed amount

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