CONNECT WITH US
Funding Tracker

Funding Tracker

Fireside leads Rs 110 Cr Series B round in Beyond Appliances

Entrackr logo

Published on

Add as a preferred source on Google
Fireside leads Rs 110 Cr Series B round in Beyond Appliances

Beyond Appliances, a smart kitchen technology company building intelligent appliances for modern Indian homes, has raised Rs 110 crore ($11.4 million) in a Series B funding round led by Fireside Ventures, with participation from Dharana Capital and other investors.

The Bengaluru-based company had previously secured $4 million in a Series A funding round led by Fireside Ventures, with participation from Dharana Capital, in August last year. It also raised $2 million in its seed round led by Fireside Ventures in November 2024.

The proceeds will be deployed towards research and development and the establishment of a new manufacturing plant, strengthening the company’s ability to develop and scale its next generation of kitchen appliances, Beyond Appliances said in a press release.

Co-founded in 2024 by Eshwar K Vikas and Rakesh Patil, Beyond Appliances is a smart kitchen appliance brand that combines technology with practical functionality to develop kitchen products for modern homes.

According to Beyond Appliances, it has expanded its portfolio across Android chimneys, Plug-N-Play chimneys, smart hobs, and cooktops, while strengthening its presence across India and increasing consumer engagement as it scales its operations.

The brand said it is witnessing strong referral-led sales, with 15% of its revenue coming through customer references, while its flagship kitchen appliance range continues to be its primary revenue driver. It has also doubled its marketplace market share over the last one year, reflecting increased consumer adoption across online channels.

Beyond Appliances also operates through offline retail channels and experience centres across Delhi, Mumbai, Bengaluru, and Hyderabad.


Source link
Related Topics:Funding Tracker

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.