Atomberg raises ₹70 crore Series B led by A91 Partners
Survam Partners and Trifecta Capital join the appliance maker’s next funding round.
Atomberg announced a ₹70 crore Series B on December 8, 2020, led by A91 Partners. Survam Partners and Trifecta Capital also participated.
The company reported an annual revenue run rate above ₹150 crore and distribution in 100 cities. With more than 400 service centres already in place, the financing supported an increase in production capacity and a broader distribution network.
Use of funds
Expand distribution and production capacity
Build brand awareness and develop new appliance categories