Beyond Appliances, a smart kitchen appliance brand has raised $2 million in a seed funding round led by Fireside Venture Investment Fund III. From what is understood, the round also included participation from Dharana Capital and several angel investors, such as Shezan Bhojani, founder, Design Cafe, Saurabh Jain and Ramakant Sharma, co-founders, Livspace, and Chandru Kalro, former CEO, TTK Prestige. According to the company, the funds will advance its technology and manufacturing capabilities.
“With our technology-first approach and deep understanding of kitchen dynamics, we aim to reimagine how people interact with their kitchens. Having already revolutionised commercial kitchens through Mukunda Foods, we understand the profound impact that thoughtful innovation can bring to everyday cooking. With this funding, we’re positioned to accelerate our R&D efforts and expand our manufacturing capabilities, bringing more groundbreaking products to Indian households.” Eshwar K Vikas, co-founder and CEO, Beyond Appliances, said.
“The Indian kitchen appliance market is witnessing a significant shift towards smart, connected solutions. Beyond Appliances’ unique approach to combining practical functionality with advanced technology positions them perfectly to capture this evolving consumer demand. Their strong founding team, coupled with their experience in kitchen automation through Mukunda Foods, positions them uniquely to capture this growing market opportunity.” Shuchi Pandya, Principal, Fireside Ventures, added.