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Home > Startups > Funding > Beyond Appliances raises $2 million in seed funding round led by Fireside Ventures

Beyond Appliances raises $2 million in seed funding round led by Fireside Ventures

The round also saw participation from Dharana Capital and notable angel investors including Shezan Bhojani, Saurabh Jain, Ramakant Sharma and Chandru Kalro.

Abhinav Kumar Singh
Last updated: November 25, 2024 12:14 PM
By Abhinav Kumar Singh
Beyond Appliances raises $2 million in seed funding round led by Fireside Ventures
Beyond Appliances raises $2 million in seed funding round led by Fireside Ventures
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Beyond Appliances, a smart kitchen appliance brand, has raised $2 million in its seed funding round, which was led by Fireside Ventures, an early-stage venture fund that focuses on consumer brands.

The round also saw 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).

The funds raised will be used to accelerate its technology development and manufacturing capabilities.

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Eshwar K Vikas, Co-Founder & CEO, Beyond Appliances said, “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.”

Rakesh Patil, Co-Founder & Chief Technology Officer, Beyond Appliances said, “This funding marks a pivotal moment in our journey of technology innovation in the kitchen appliance space. Through extensive research and development, we’ve identified that Indian kitchens face unique challenges that off-the-shelf solutions can’t address. With these funds, we’re set to expand our R&D capabilities and develop more India-specific smart solutions. We have already filed multiple patents and have a robust product pipeline that will introduce features like AI-powered cooking assistance and IoT integration, fundamentally changing how Indian families interact with their kitchen appliances.”

Shuchi Pandya, Principal, Fireside Ventures 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.”

Founded in 2024 by Eshwar K Vikas and Rakesh Patil, Beyond Appliances’ product portfolio also includes smart hobs with digital timers, whistle counters and advanced safety features like Flame Failure Detection (FFD).

The company has pioneered breakthrough products including the world’s first Android-powered chimney featuring a 7-inch display that doubles as a kitchen management system.

This innovative product allows users to access OTT apps, and music, set reminders, and create grocery lists through integrated apps like Zepto and Blinkit.

The company holds multiple patents and plans to expand its product portfolio with eight innovations within existing categories before venturing into new segments.

TAGGED:Beyond AppliancesDharana CapitalFireside Ventures

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