Uttar Pradesh’s Ekkaa Electronics Raises ₹108 Cr Series-A Funding to Revolutionize Manufacturing and Gear Up for IPO by 2027
Ekkaa Electronics, a leading Electronics System Design and Manufacturing (ESDM) company headquartered in Noida, has successfully raised ₹108 crore in Series A equity funding. The investment round was spearheaded by prominent investors including Mukul Mahavir Aggarwal, the Varun Daga Family, MAIQ Growth Scheme, Caprize Aurix and other esteemed family offices. Six Stone Capital acted as the transaction advisor, with Shannon Advisors serving as the merchant banker.
This significant funding boost underscores strong investor confidence in India’s rapidly growing electronics manufacturing industry, poised for exponential growth amid global supply chain shifts and the government’s focus on self-reliance.
Since its inception, Ekkaa Electronics has established itself as a trusted Electronics Manufacturing Services (EMS) partner delivering comprehensive solutions spanning design, development, and high-volume production for domestic and international brands. Currently, the company operates manufacturing units in Sonipat and Noida and is expanding with a new plant underway in Gannaur, Haryana, managing a business exceeding ₹1000 crore.
Speaking on the milestone, Sagar Gupta, Managing Director of Ekkaa Electronics, stated, “This investment is a landmark in our growth trajectory. Backing from reputed investors reinforces our commitment to building a global electronics manufacturing powerhouse rooted in India. The capital infusion will accelerate our manufacturing scale-up, fortify R&D capabilities, and facilitate adoption of next-generation technologies. We are dedicated to supporting global OEMs as well as bolstering the ‘Make in India’ initiative with an export-ready manufacturing ecosystem. Our objective is to go public by 2027, delivering sustainable value for all stakeholders.”
Ankit Mittal, Managing Partner at Six Stone Capital, added, “This funding round clearly validates Ekkaa Electronics’ position as a leading EMS player and demonstrates investor trust in its management and future growth potential.”
