Weekly Funding Roundup: The startup deals you may have missed in week of October 11
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Several startups secured fresh funding during the week of October 11.
- ✓Beyond Appliances got Rs 110 crore, while Lumio raised $12 million.
- ✓Other firms like Quanfluence, NeoGrowth, byteXL, Zomint, Desible.ai, and Credfix also grabbed capital.
Story at a Glance
- Category
- BUSINESS
- Reported By
- MoneyControl
- Reading Speed
- 3 Minute(s)
- Market Focus
- India Economy
The week's biggest funding rounds grabbed the spotlight, but they weren't the only deals signed. Here's a roundup of other startups that announced fresh funding over the past week. Beyond Appliances Funding: Rs 110 crore, Series B Key investors in this round: Fireside Ventures, Dharana Capital and other investors What it does: Beyond Appliances is a smart kitchen appliance brand that plans to expand its product portfolio, set up a new manufacturing facility and grow its offline presence.
Lumio Funding: $12 million (around Rs 103 crore), Series A Key investors in this round: Blume Ventures, Stellaris Venture Partners and 3one4 Capital What it does: Lumio is a consumer electronics brand that makes smart TVs, projectors and speakers. It plans to expand its product range, invest in software and after-sales support, and build an offline retail presence.
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