Ekkaa Electronics, an Electronics System Design and Manufacturing (ESDM) Enterprise, has raised ₹108 crore in its Series A funding round led by marquee investors, including Mukul Mahavir Aggarwal, the Varun Daga Family, MAIQ Growth Scheme, Caprize Aurix and other reputed family offices.
The funds raised will be used to expand its production capacity, accelerate R&D, and deepen supply chain integration.
Founded in 2018, Ekkaa Electronics is a Noida-based Electronic System Design and Manufacturing (ESDM) company offering end-to-end solutions across design, development and large-scale production for both domestic and global brands.
It is fully integrated across R&D, design and manufacturing of smart TVs, and has expanded its portfolio to become a one-stop solution provider by including washing machines, speakers, induction cooktops, and air coolers.
Ekkaa plans an Initial Public Offering (IPO) by 2027.
Today, EKKAA handles a business of more than INR 1000 crore, with manufacturing units in Sonipat, Noida and an upcoming new plant in Gannaur, Haryana.
Sagar Gupta, Managing Director, Ekkaa Electronics, said, “This investment marks a pivotal moment in our growth journey. The backing from such reputed investors reinforces our vision of creating a truly global electronics manufacturing enterprise rooted in India. The funds raised will enable us to expand our manufacturing capacities, strengthen R&D capabilities, and invest in cutting-edge technologies that drive innovation. We aim to not only serve global OEMs but also contribute significantly to the ‘Make in India’ mission by building a robust, export-ready ecosystem. Our goal is to take EKKAA public by 2027 and create long-term value for all our stakeholders.”
Ankit Mittal, Managing Partner, Six Stone Capital, said, “This round is a strong validation of EKKAA Electronics’ position as a trusted EMS player and the confidence investors have in its promoters and future growth plans.”
