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 – 🙏 Celebrating faith, new beginnings & the spirit of togetherness
As Ganesh Chaturthi comes to an end, we seek Lord Ganesha’s blessings for wisdom, prosperity, and new beginnings. May Bappa continue to guide us, remove obstacles, and inspire us to move forward with positivity.
With Ganesh Visarjan, we bid farewell to Bappa with gratitude and devotion. Ganpati Bappa Morya! 🌺✨
Startup Funding Summary
Brahma AI
Mumbai-based AI startup, has raised $150 Mn in a funding from Multiples Alternate Asset Management
Ultraviolette
Bengaluru-based electric mobility startup, has raised $85 Mn in a funding from Yali Capital, TDK Ventures, Lip-Bu Tan and other HNIs
Ema
Bengaluru-based AI startup, has raised $77 Mn in Series B funding from Creaegis, Accel, S32, Prosus Ventures, Hitachi Ventures and Wipro Ventures
Hughes Precision
Goa-based defence manufacturer, has raised $26 Mn in a funding from family offices and UHNIs
Drivn
Gurugram-based EV mobility firm, has raised $8 Mn in Seed funding from Avaana Capital
M&A Snippets
Mumbai-based Private equity firm Samara Capital will acquire Mumbai-based Calyx container terminals and Kolkata-based Associated Road Carriers for an undisclosed amount
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