India, Oct. 14 -- Update | Aug 13, 15:29 IST

Almost two months after Inc42 had exclusively reported about former Dyson India MD Ankit Jain raising capital from BEENEXT for his new venture, the startup officially announced the development today. Foundry has raised Rs.12 Cr in funding from BEENEXT and Kettleborough VC, with participation from Rishubh Satiya of Plix, Anindita Sampath of Yogabar, and Anita Pramoda of Owned Outcomes.

The funding will support technology development and product engineering as Foundry prepares its first product range of kitchen appliances for launch in H2 2027.

Original | Oct 13, 14:29 IST

Former Dyson India MD Ankit Jain is working on a startup focused on building premium consumer appliances, sources told In...