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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.