Team StartupCity

• Ekkaa Electronics raises Rs 108 crore in Series A funding
• Funding to expand factories, boost R&D and tech capabilities
• IPO planned by 2027 to support further global growth

Noida based electronics manufacturer Ekkaa Electronics has secured Rs 108 crore in Series A equity funding. The round saw participation from top investors like Mukul Mahavir Aggarwal, the Varun Daga Family, MAIQ Growth Scheme, Caprize Aurix, and other reputed family offices. Six Stone Capital acted as the transaction advisor, while Shannon Advisors was the merchant banker.

Founded in 2018, Ekkaa has grown rapidly as a trusted player in India’s Electronics System Design and Manufacturing (ESDM) space. The company offers end-to-end solutions in designing, developing, and mass producing electronics for both Indian and global brands.

Ekkaa currently handles business worth over Rs 1,000 crore and operates manufacturing units in Sonipat and Noida, with a new plant coming up in Gannaur, Haryana.

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Sagar Gupta, Managing Director of Ekkaa Electronics, said, “This funding is a big step forward. We’ll use it to expand our factories, invest in R&D, and upgrade our technology. Our goal is to make Ekkaa a global name in electronics manufacturing while supporting India’s ‘Make in India’ vision. We’re aiming to go public by 2027”.

Ekkaa has evolved from making smart TVs to offering a full range of products including washing machines, speakers, induction cooktops, and air coolers. The company plans to use the new capital to scale up production, strengthen its supply chain, and tap into global manufacturing demand.