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 – ๐17th iLEAD Foundation Day 2k26
iLEAD Group marked its 17th Foundation Day with a day of celebration, adventure, and togetherness. The entire team headed to Safari Adventure Park in Indore, coming together through games, activities, and plenty of laughter. It was a moment to look back on 17 years of growth and impact, and step into the next chapter with the same spirit that has driven iLEAD from the very beginning.๐
Startup Funding Summary
Palmonas
Pune-based jewellery brand, has raised $40 Mn in Series B funding from Xponentia Capital, Vertex Growth Fund and Vertex Ventures
Bachatt
New Delhi-based fintech company, has raised $12 Mn in Series A funding from Accel, Lightspeed, Info Edge Ventures and other HNIs
NowPurchase
Kolkata-based metal procurement startup, has raised $9 Mn in Series B funding from Bajaj Finserv, InfoEdge Ventures, Orios Venture Partners, Real Ispat Group, Shikhar Raj, Madhur Gupta, VC Grid and Kartik Hosanagar
Amaha
Mumbai-based mental health startup, has raised $5 Mn in Series A funding from Fireside Ventures, Lightbox and Shreyas Shibulal
Bacancy Systems
Ahmedabad-based EV manufacturer, has raised $4 Mn in Series A funding from Sabre Partners and Greenstone Capital

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