New Delhi, Oct. 17 -- Foundry, a premium home appliance startup founded by former Dyson India managing director Ankit Jain, has raised Rs.12 crore in a pre-seed funding round.

The round, co-led by BEENEXT and Kettleborough VC, also saw participation from Rishubh Satiya of Plix, Anindita Sampath of Yoga Bar, and Anita Pramoda of Owned Outcomes, Entrackr reported.

In a press release, the company said the proceeds would support technology development and product engineering as it prepares to launch its first range of kitchen appliances in the second half of 2027. Its products will combine in-house, patent-pending technology with industrial design and materials intended for modern homes. The company also plans to enter appliance categories ...