Page 3 - Atomberg Technologies News Today

Atleast three Indian startups—BYJU’S, NestAway, and Meesho—saw deep cuts in their valuations this week.

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

Trifecta Capital, along with existing investors Jungle Ventures Pte Ltd and Inflexor Ventures LLP also participated in the funding round

Atomberg Technologies, a home appliances brand, has raised $86m in a Series C funding round led by Temasek Holdings and Steadview Capital. The funds will be used to boost manufacturing capabilities, launch new products, deepen offline presence across key regions and consolidate its position in the consumer appliance market. Atomberg has been doubling sales annually in recent years and expects to turn profitable in FY24 with revenues of INR10bn ($136m). The company makes fans with brushless direc...

BENGALURU : 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 Capital Management LLC."With this round of fundraising, our focus is on enhancing product develop

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 Capital Management LLC.

Atomberg is among the few Indian startups who built and scaled from 0 to almost $100 Mn annual revenue run rate in a capital-efficient manner

Deepika Padukone has invested in companies like Epigamia, Furlenco, Blu Smart, Bellatrix, Atomberg Technologies.

The investors have agreed to a post-money valuation of $425 million-$450 million, the people cited above said on the condition of anonymity. Existing investors are also expected to join the fundraising

Atomberg Technologies posted revenue from operations of INR 355.9 Cr in the FY22, a 149% jump from INR 143 Cr in FY21.