Kitchen appliances brand Beyond Appliances has raised Rs 110 crore in a Series B round of funding led by Fireside Ventures, with participation from Dharana Capital and other investors.
The Bengaluru-based company will use the funding towards research and development and its new manufacturing plant. The startup will also use the capital to enter new product categories in the kitchen appliances space and strengthen its presence across its existing portfolio.
Beyond Appliances' co-founder & CEO Eshwar K Vikas said, “We believe the next big shift in the appliance industry will come from building products that are not only technologically advanced but are fundamentally designed around how Indian households cook and live. The opportunity ahead is significantly larger, and this investment gives us the ability to pursue it with greater ambition.”
Founded in 2024 by Eshwar K Vikas and Rakesh Patil, Beyond Appliances follows an omnichannel strategy with a retail presence in Delhi, Mumbai, Bengaluru and Hyderabad and a manufacturing facility is in Bengaluru. Its range of products include Android chimneys, Plug-N-Play chimneys, smart hobs, and cooktops.
Beyond Appliances plans to expand its offline presence to 10 more cities over the next three years. The company says 15% of its revenue comes through customer referrals.
Rakesh Patil, Co-Founder & CTO, Beyond Appliances, said, “Over the last two years, our R&D teams have worked closely with consumers to identify everyday challenges in Indian kitchens and translate those insights into products that are genuinely different.”
Shuchi Pandya, Principal, Fireside Ventures, said, “ Very few early-stage brands demonstrate the depth of fundamentals that Beyond Appliances has built at this stage of its journey.
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