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
Welcome – Rohan Mohite
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We welcome Mr. Rohan Mohite as Management Trainee at Ecosystem Ventures.He has completed his MBA from NMIMS, Hyderabad, and is also a CFA Level 1 qualifier and a Company Secretary.
In his spare time, you may find him reading about financial markets and compliances, playing cricket or badminton, or exploring new places.
Startup Funding Summary
Rapido
Bengaluru-based ride hailing platform, has raised $240 Mn in a funding from Prosus, WestBridge Capital, Accel and other HNIs
HrdWyr
Bengaluru-based semiconductors firm, has raised $13 Mn in Series A funding from Ideaspring Capital, Singularity AMC, Avatar Growth Capital and Persistent Systems
Mekr
New Delhi-based consumer electronics manufacturing startup, has raised $7 Mn in Series A funding from Avaana Capital and Titan Capital Winners Fund
Nivasa Finance
Bengaluru-based fintech startup, has raised $3 Mn Mn in Seed funding from Prime Venture Partners, Blume Ventures, Whiteboard Capital and other HNIs
Flo Mobility
Bengaluru-based deeptech startup, has raised $3 Mn in Pre-Series A funding from Mela Ventures and Arali Ventures
M&A Snippets
Mumbai-based AI services company Aistra has acquired a stake in Singapore-based financial services company Veracity Services for an undisclosed amount
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