Energy-saving fan creator Atomberg Technologies has brought Rs 70 crore up in a Series B funding round led by A91 Partners. Trifecta Capital and Survam Partners, the family office of the Suman Kant Munjal Group, additionally partook in the round, the organization said in a press note.
The most recent round takes the assets raised by the Mumbai-settled organization to Rs 90 crore.
The cash will be utilized to reinforce the conveyance organization and to construct brand mindfulness. The assets will likewise be utilized for sloping up the creation ability to extend the item portfolio.
“…with this fresh round of funding, we strongly believe we have the right ammunition required to create the kind of consumer brand we visualised a few years back,” said Manoj Meena, cofounder, Atomberg Technologies
The organization has figured out how proportional up its yearly income run pace of Rs 150 crore in addition to.
Atomberg says its fans devour just 28 Watt of intensity at max throttle, sparing 65 percent power that sets aside to Rs 2,000 every year for each fan. Their fans are accessible in 100 urban communities and the organization has in excess of 400 assistance habitats in the nation. It has in excess of 1,000,000 fans introduced in the nation as of now.
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