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.
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