Beyond Appliances: Kitchen appliance startup Beyond Appliances raises Rs 110 crore led by Fireside, ADIA
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Kitchen appliance startup Beyond Appliances raised Rs 110 crore led by Fireside Ventures and ADIA.
- ✓Cofounder Eshwar K Vikas said the firm will use the funds for product research, a new manufacturing plant, and launching kitchen appliances.
- ✓The company also plans to enter the microwave space to grow its market reach.
Story at a Glance
- Category
- BUSINESS
- Reported By
- Economic Times
- Reading Speed
- 1 Minute(s)
- Market Focus
- India Economy
The fresh capital will be used for product research and development (R&D), establishment of a new manufacturing plant, and launch of kitchen appliances, cofounder and CEO Eshwar K Vikas told ET.
Kitchen gadget startup Beyond Appliances has raised Rs 110 crore led by Fireside Ventures and Abu Dhabi Investment Authority (ADIA), with participation from Dharana Capital and other investors.The fresh capital will be used for product research and development (R&D), establishment of a new manufacturing plant, and launch of kitchen appliances, cofounder and CEO Eshwar K Vikas told ET."We will probably launch something in the microwave space
Unlock the Full Story with ArthNow Premium
To continue reading this complete financial story and in-depth market context, upgrade to ArthNow Premium. Enjoy unlimited access across Web and Mobile.
Economic Times
Read the full, original unfiltered story directly on the publisher's portal.