Actor Deepika Padukone Invests In Cleantech Startup Atomberg Tech inc42.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from inc42.com Daily Mail and Mail on Sunday newspapers.
Startups look beyond IITs, IIMs for top talent
Top institutions such as the IITs and the IIMs have always been highly regarded in India’s startup ecosystem. They have produced founders who have created multiple billion-dollar companies, investors who were savvy enough to spot them early, and given employment to thousands. December 11, 2020 / 11:19 AM IST
During late 2019, an early-stage startup hired an engineering lead from a large technology firm. The engineer, with three years of experience and a degree from an Indian Institute of Technology- the gold standard for an engineer from India- asked for a 50 per cent salary hike and some employee stock options.
DeepTech Startup Atomberg Technologies secures Rs 70 crore funding led by A91 Partners Atomberg aiming to use funds raised to strengthen distribution networks and build brand awareness. TechSamvad December 10, 2020 10:44:25 IST Atomberg logo
Energy-efficient smart fans maker Atomberg Technologies has raised Rs 70 crore in Series B funding led by A91 Partners. The round also saw participation from Suman Kant Munjal s family office Survam Partners and Trifecta Capital. With this financing, the startup has raised a total Rs 160 crore till date. It was founded in 2012 by Sibabrata Das and Manoj Kumar Meena.
The Mumbai-based firm plans to use the funds raised to strengthen its distribution networks across all metro and non-metro cities, ramping up its production capacity, and for building brand awareness. The proceeds will also be used to expand its existing p