Beyond Appliances raises $10.4 Mn Series B from Fireside Ventures
Smart kitchen brand Beyond Appliances has raised ₹110 Cr ($10.4 Mn) in a Series B funding round led by Fireside Ventures, with participation from Dharana Capital and a host of other undisclosed investors.
The round comes a year after Beyond Appliances raised $4 Mn in its Series A funding round, which was also led by Fireside Ventures, with participation from Dharana Capital.
The Bengaluru-based startup builds connected kitchen appliances. Its flagship product is an Android-powered chimney with a display that functions as a domestic kitchen management system.
Users can access OTT and music applications, set cooking reminders, and manage grocery lists through integrations with Zepto and Blinkit. It also features Chef Verse, an app offering curated recipes from chefs, alongside 3D suction technology.
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Founded in August 2024 by Eshwar K Vikas and Rakesh Patil, Beyond Appliances manufactures about 90% of its products in-house across two facilities in Delhi NCR and Bengaluru.
The company takes an omnichannel approach, selling 60% online and the remainder offline. The startup claims retail presence across 20 select stores in Bengaluru. Its customer base of around 1,200 users spans Bengaluru, Hyderabad, Chennai, Pune and Delhi NCR.
The fresh capital will be used to set up a new manufacturing facility in South or West India and expand into new product segments. Beyond Appliances plans to launch its ovens within the next 9-12 months.
The company also recently introduced the Cube Chimney, designed for compact kitchens and rental homes, and has about 300-400 customer touchpoints across general trade, alternate trade and exclusive outlets. It is targeting at least 1,500-2,000 touchpoints.
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