E-commerce startup EkAnek networks raises $5.4 Mn in funding led by Alpha Wave Incubation
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Delhi-based ecommerce startup EkAnek Networks has raised $5.4 Mn in a funding round led by Alpha Wave Incubation, a fund worth $300 Mn anchored by Abu Dhabi’s state entity, the Abu Dhabi Developmental Holding Company (ADQ), and managed by New York-based venture capital fund Falcon Edge Capital. The company’s existing investors, Sequoia Capital India, Lightspeed India and Matrix Partners India also participated in the round.