Beyond Appliances’ Post

Beyond Appliances, an innovative smart kitchen appliance brand has raised $2 million in its seed round led by Fireside Ventures Investment Fund III. The round also saw participation from Dharana Capital and notable angel investors including Shezan B. (Founder, Design Cafe), Saurabh Jain and Ramakant Sharma (Co-Founders, Livspace), and Chandru Kalro (Former CEO, TTK Prestige). The proceeds will be used to ramp up Beyond Appliances' technology development and manufacturing capabilities. Founded in 2024 by ESHWAR K VIKAS and Rakesh Patil, Beyond Appliances claims to have pioneered breakthrough products including the Android-powered chimney featuring a 7-inch display that doubles as a kitchen management system. #venturecapital #investment #funding

Beyond Appliances, a renowned name in India’s smart kitchen appliance market has raised $2 million in a seed funding round led by Fireside Ventures Investment Fund III. The round also included participation from Dharana Capital and notable angel investors, including Shezan Bhojani (Founder, Design Cafe), Saurabh Jain and Ramakant Sharma (Co-Founders, Livspace), and Chandru Kalro (Former CEO, TTK Prestige). Dexter Capital acted as the exclusive advisor to the company during this funding round. Read more: https://lnkd.in/gfaSyvJR ESHWAR K VIKAS, Co-Founder & CEO, Beyond Appliances Rakesh Patil, Co-Founder & Chief Technology Officer, Beyond Appliances Shuchi Pandya, Principal, Fireside Ventures #retail #business #market #news #update #funding #kitchen #appliances #technology Kanwaljit Singh| Dipanjan Basu| Ankita Balotia| Shruti Gupta|Siddharth Gupta| VS Kannan Sitaram| Amit Kulkarni|Sushma Raj| Kumar Shashank| Iti Dubey| Nagireddy Mano Satya Sai

🪙📊 New York-based Cents, an all-in-one business management platform powering the way laundry business operators SMBs grow, manage, and understand their businesses, has just raised $40 million in Series B #funding. 📈 The round was led by Camber Creek with participation from previous investors Bessemer Venture Partners and Tiger Global Management. Additional strategic investors in this round include Tech Pioneer Fund, RXR (RADV), Derive Ventures, Alumni Ventures, as well as executives at best-in-class #SaaS companies like Toast, Jobber, Squarespace, and Stripe. This round brings the company’s total funding to over $77 million. 🤖 Read more here: https://lnkd.in/eqpD2Tx8 Alexandra Nicoletti Alexander Jekowsky Gilli Cherrin #tech #funding #news #VC #innovation #startup

 $2𝑴 𝑭𝒖𝒏𝒅𝒊𝒏𝒈 𝒕𝒐 𝑹𝒆𝒗𝒐𝒍𝒖𝒕𝒊𝒐𝒏𝒊𝒛𝒆 𝑰𝒏𝒅𝒊𝒂𝒏 𝑲𝒊𝒕𝒄𝒉𝒆𝒏𝒔  𝑩𝒆𝒚𝒐𝒏𝒅 𝑨𝒑𝒑𝒍𝒊𝒂𝒏𝒄𝒆𝒔, 𝒕𝒉𝒆 𝒔𝒕𝒂𝒓𝒕𝒖𝒑 𝒃𝒆𝒉𝒊𝒏𝒅 𝒕𝒉𝒆 𝒘𝒐𝒓𝒍𝒅’𝒔 𝒇𝒊𝒓𝒔𝒕 𝑨𝒏𝒅𝒓𝒐𝒊𝒅-𝒑𝒐𝒘𝒆𝒓𝒆𝒅 𝒄𝒉𝒊𝒎𝒏𝒆𝒚, 𝒉𝒂𝒔 𝒓𝒂𝒊𝒔𝒆𝒅 $2 𝒎𝒊𝒍𝒍𝒊𝒐𝒏 𝒊𝒏 𝒔𝒆𝒆𝒅 𝒇𝒖𝒏𝒅𝒊𝒏𝒈 𝒍𝒆𝒅 𝒃𝒚 𝑭𝒊𝒓𝒆𝒔𝒊𝒅𝒆 𝑽𝒆𝒏𝒕𝒖𝒓𝒆𝒔 𝒂𝒏𝒅 𝒑𝒓𝒐𝒎𝒊𝒏𝒆𝒏𝒕 𝒂𝒏𝒈𝒆𝒍 𝒊𝒏𝒗𝒆𝒔𝒕𝒐𝒓𝒔 𝒍𝒊𝒌𝒆 𝑳𝒊𝒗𝒔𝒑𝒂𝒄𝒆 𝒄𝒐-𝒇𝒐𝒖𝒏𝒅𝒆𝒓𝒔 𝒂𝒏𝒅 𝒕𝒉𝒆 𝒆𝒙-𝑪𝑬𝑶 𝒐𝒇 𝑻𝑻𝑲 𝑷𝒓𝒆𝒔𝒕𝒊𝒈𝒆. Here’s what’s cooking: Smart kitchen tech: Their chimney doubles as a kitchen management system—think OTT apps, grocery lists, reminders, and music—all from a 7-inch screen. Safety-first innovations: Features like Flame Failure Detection (FFD) and smart hobs with timers and whistle counters cater specifically to Indian kitchen needs. Expansion plans: Funds will boost R&D, manufacturing, and market presence, with eight new products in the pipeline. Co-founders ESHWAR K VIKAS and Rakesh Patil envision kitchens as smart, dynamic spaces tailored to Indian cooking habits, building on their success with Mukunda Foods.  𝑾𝒐𝒖𝒍𝒅 𝒚𝒐𝒖 𝒖𝒔𝒆 𝒂𝒏 𝑨𝒏𝒅𝒓𝒐𝒊𝒅-𝒑𝒐𝒘𝒆𝒓𝒆𝒅 𝒌𝒊𝒕𝒄𝒉𝒆𝒏 𝒄𝒉𝒊𝒎𝒏𝒆𝒚? ESHWAR K VIKAS, Akshaykumar Sunagar, Abhijeet De Sarkar, Shruti Nischal, Neha Agarwal Jain, Harini Rajagopalan, #SmartKitchens #InnovationInCooking #BeyondAppliances https://lnkd.in/ed_mKpkF

Happy to announce another successful deal closure by us! 🙏 Dexter Capital Advisors was the exclusive transaction advisor to kitchen-tech major Beyond Appliances its maiden institutional funding round by Fireside Ventures, Dharana Capital and multiple HNIs. But, mere announcement probably won’t do justice. I think I will use this as an opportunity to share, why we were/are so excited about this company. So, let me share some details. .. Kitchens are the place where most Indian women spend a significant amount of their days. But, while we have seen startups of varied kinds redefine how people experience different aspects of their lives, kitchens and women’s experiences with them have remained untouched. The same old type of chimneys, ovens, stoves, refrigerators, blenders etc. And in terms of changes, we are still seeing just the early days of microwave and air-fryer adoption. Thus, our kitchens are yet to be disrupted for the new century we have been in for almost 25yrs now. .. Enter, two guys - ESHWAR and Rakesh. The duo had co-founded Mukunda Foods Pvt. Ltd., which disrupted the way commercial kitchens operate in India, and supported multiple leading domestic and global QSR brands/food chains scale. Leveraging that rich experience, the duo started out Beyond Appliances to disrupt the household kitchen market, a way larger market opportunity. Their agenda? To re-imagine and re-define varied appliances which go into the Indian kitchens. .. And in line with this, they launched two new products which received big love (read: sales and reviews)! 1> A new-concept chimney with an interactive 7-inch screen on it on which women can access numerous recipe books, watch their favourite shows, movies and more, and also order groceries and other home essentials 2> An intelligent stove which enables time-controlled cooking, automatically cuts dangerous flame failures which could result in a disaster and does a lot more .. Inspired by how innovative the two founders are, and the speed at which they rolled out these first-in-India products, we knew we wanted to work with them. And we are delighted, that this deal turned out so well, with Kanwaljit Singh led Fireside Ventures leading the round, joined by Dharana Capital as a co-investor. And what adds to the joy is the highly acclaimed angels who co-invested - Livspace’s founders (Saurabh and Ramakant), former CEO of industry giant TTK Prestige Ltd (Chandru Kalro) and Design Cafe’s founder (Shezan). .. Also, a special mention to Bharat Barmecha and Sagar from our team, who went all out to ensure a successful closure. And of course, kudos to all other team members who deliver so strongly for us, every passing day - Gaurav, Varun, Rishabh, Anuradha, Abhijeet and all others. PS: We are always on the look for opportunities to work with such good founders and companies. Thus, if you think we can be of help, do reach out to me at devendra[dot]agrawal@dextercapital[dot]in :) Best, Devendra

Congrats to Havenly on acquiring Burrow as it continues on its tear consolidating home brands. Burrow was founded in 2017 focused on modular, flat-pack sofas and chairs. It had raised $50m+. Havenly, the nine-figure platform, has acquired five brands in the last two years, including Burrow, The Citizenry, Interior Define, St. Frank, and The Inside. Havenly has been very opportunistic about these opportunities, with the brands collectively having raised $150m+ historically but having more recently been operating in challenging capital markets and home goods sales environments. There haven't been many success stories of digitally native platforms, eg AKA Brands and Solo Brands trading at 0.25-0.5x revenues. But Havenly has very impressive inorganic growth, and has presumably low cost basis of consolidating. Rooting for them!

Vaaree , a home decor startup, has achieved a significant milestone by securing Rs 20.78 crore ($2.5 million) in pre-Series A funding. Capier Investments led the round, with additional backing from Peak XV’s Surge Ventures. Founded by Garima Luthra, Pranav Arora, and Varun Vohra, Vaaree has rapidly gained traction in the home furnishing sector. The funding will fuel its expansion plans, reflecting growing investor interest in the home decor market. With a valuation now estimated at Rs 180 crore ($21.6 million), Vaaree aims to diversify its product range and address consumer preferences across furnishings, kitchenware, decor pieces, bath accessories, and garden products. Despite initial financial challenges, including a loss in its inaugural fiscal year, Vaaree's total funding, now reaching $7 million, underscores its potential for growth and innovation. #Vaaree #HomeDecorStartup #PreSeriesAFunding #CapierInvestments #SurgeVentures #HomeFurnishing #fundsfever

Smart kitchen appliance brand Beyond Appliances has raised $2 million in a seed round led by Fireside Ventures Investment Fund III, with participation from Dharana Capital and prominent angel investors like Shezan B. (Design Cafe) and Saurabh Jain & Ramakant Sharma (Livspace). Founded in 2024 by ESHWAR K VIKAS and Rakesh Patil , the company is known for its Android-powered chimney with a 7-inch display doubling as a kitchen management hub, and smart hobs with advanced features like digital timers and Flame Failure Detection (FFD). Funds will be used to enhance technology and manufacturing capabilities, as the company plans to launch eight new innovations within existing categories while expanding availability across e-commerce and retail channels. Shuchi | Iti | Kumar | Ankur | Prayag | Vinay | Ankita | Kanwaljit | Reemsha | Arpit | #latestfundingnews #todayfundingnews #startupronews #startupnews #mondaynews #startupro

In 2022, we launched Cozmo with a simple goal: to make beautifully designed, modular furniture that fits modern living. Fast forward, and we’ve sold over 1,500 sofas, generating £2.6M+ in revenue, and we’re just getting started. Our vision was to bring premium, design-led innovation to the wider market, and with the incredible support of our community, we’ve already made huge strides. But this is just the beginning! Cozmo’s success has come from just one sofa system and one sales channel. Now, we’re gearing up for bigger things. By 2024, we’ll introduce five major new products, partner with John Lewis, launch our first international franchise in Singapore, and continue growing with our new Shoreditch showroom in #theWAXbuilding. This growth will help us bring Cozmo’s innovative designs to a global audience and scale like never before. We’re thrilled to invite our community to join our next chapter. We’ve just opened pre-registration for our crowdfunding round on Republic (Seedrs), and for the first time, you can invest in Cozmo and be part of shaping its future. I can’t wait for what’s ahead and would love for you to be a part of it. Pre-register today for early access and help us take Cozmo to new heights: https://lnkd.in/dzY5PgCp The future of furniture is here, and it’s just the beginning! #InvestInCozmo #FurnitureDesign #Crowdfunding #DesignForLiving #InnovationInFurniture

Home decor and lifestyle brand Nestasia has secured $8.35 million in funding from Susquehanna Asia Venture Capital, Stellaris Venture Partners, and other angel investors. Founded in 2019 by Aditi Murarka and Anurag Agrawal, Nestasia plans to use the funds to expand its offline presence, launch new categories, and grow its team. The company, which offers around 4,000 SKUs across six key categories, sees dining as its largest segment, contributing 50% of its revenue. With a focus on broadening its product range, Nestasia aims to add new categories such as kitchenware, drinkware, cookware, and appliances, as well as launch themed collections like Nest Baby & Kids for children’s home products. Currently, offline sales account for 10% of Nestasia’s revenue, with 55% generated from its website and the remainder from quick commerce and marketplace platforms. #Nestasia #HomeDecor #FundingRound #SusquehannaAsia #StellarisVenturePartners #AditiMurarkaAgrawal #AnuragAgrawal #StartupFunding #LifestyleBrand #ProductExpansion #InvestmentNews #InteriorDesign #RetailGrowth #HomeLiving #NewCategories #startup77