Atomberg raises $86 mn in series C funding from Temasek, Steadview Capital

Atomberg, a digital consumer appliances brand, has raised $86 million in series C funding led by Singaporean investor Temasek and Steadview Capital, via a mix of primary and secondary issuances.

The round also saw participation from Trifecta Capital and existing investors Jungle Ventures and Inflexor Ventures.

Avendus Capital acted as the exclusive financial advisor to Atomberg on this transaction.

Atomberg said it will use the money to strengthen manufacturing, develop new products, and deepen its offline presence in key regions. The start-up’s products include mixer grinders, the ‘Aris’ series of energy-efficient fans, and smart locks.