CONNECT WITH US
Tech

Tech

Beyond Appliances Raises ₹110 Cr To Expand Product Portfolio, Boost Manufacturing

Inc42 - All News logo

Published on

Add as a preferred source on Google
Beyond Appliances Raises ₹110 Cr To Expand Product Portfolio, Boost Manufacturing

Smart kitchen brand Beyond Appliances has raised ₹110 Cr ($10.4 Mn) in a Series B funding round led by Fireside Ventures, with participation from Dharana Capital and a host of other undisclosed investors. 

The Bengaluru-based startup plans to use the fresh capital to set up a new manufacturing plant. The plans also feature the startup’s plans to expand into new product segments. Founder Eshwar K Vikas shared with Inc42 that Beyond Appliances will be coming out with its ovens within the next 9-12 months.

On the manufacturing front, Vikas said that the startup is eyeing setting up a new manufacturing facility in South or West India. Beyond Appliances currently operates two facilities in Delhi NCR and Bengaluru and manufactures about 90% of its products in-house.

Founded in August 2024 by Vikas and Rakesh Patil, Beyond Appliances is building connected kitchen appliances like smart chimneys and smart hobs. Its flagship product is an Android-powered chimney equipped with a display that functions as a domestic kitchen management system.

The chimney allows users to access OTT and music applications, set cooking reminders and manage grocery lists through integrations with Zepto and Blinkit. It also features Chef Verse, an app offering curated recipes from chefs, alongside 3D suction technology.

The startup also recently introduced the Cube Chimney, which is designed for compact kitchens and rental homes.

It takes an omnichannel approach to its sales, with 60% of its products being sold online and the remainder offline. The startup claims retail presence across 20 select stores in Bengaluru.


Source link
Related Topics:Tech

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.