Beyond Appliances Raises Rs.110 Cr To Expand Product Portfolio, Boost Manufacturing
India, Oct. 6 -- Smart kitchen brand Beyond Appliances has raised Rs.110 Cr ($10.4 Mn) in a Series B funding round led by Fireside Ventures, with participation from Dharana Capital and a host of other undisclosed investors.
The Bengaluru-based startup plans to use the fresh capital to set up a new manufacturing plant. The plans also feature the startup's plans to expand into new product segments. Founder Eshwar K Vikas shared with Inc42 that Beyond Appliances will be coming out with its ovens within the next 9-12 months.
On the manufacturing front, Vikas said that the startup is eyeing setting up a new manufacturing facility in South or West India. Beyond Appliances currently operates two facilities in Delhi NCR and Bengaluru and manufa...
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