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India s Atomberg Technologies raises $86 million in fresh funding

Indian home appliances company Atomberg Technologies on Monday said it has raised $86 million in a fresh funding round, led by Singapore s Temasek Capital and India-focused asset manager Steadview. | May 29, 2023

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Home Appliances Startup Atomberg Bags $86 Mn Funding

Indian digital home appliances startup Atomberg has raised $86 Mn in a Series C round led by Temasek and Steadview Capital.

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Temasek, Steadview co-lead $86 mn round in Atomberg

Atomberg Technologies Pvt Ltd, a consumer durables company which primarily makes energy-saving fans, on Monday said it has raised $86 million (around Rs 710 crore) ..

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Ceiling fan maker Atomberg raises $86m led by Temasek, Steadview Capital

Trifecta Capital, Jungle Ventures and Inflexor Ventures joined the round via a mix of primary and secondary transactions.

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Atomberg raises $86M in Series C round led by Temasek and Steadview Capital

The company will use the funds to boost manufacturing capabilities, support new product launches, deepen offline presence across key regions, and consolidate the company's position in India’s consumer appliance market.

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