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 direct current motors and plans to launch new product offerings, such as mixer grinders and smart locks, and enhance its research and development capabilities.