Indkal Technologies, a consumer electronics company, has raised $20 million in its Series B bridge funding round led by existing investors.
The fresh funds raised will be used to strengthen its research and development, enhance its sales and service network, and expand the premium product portfolio of its brand, Wobble Displays. It will also support the rollout of new display categories, build a stronger after-sales infrastructure, and invest in marketing initiatives to reinforce Wobble Displays’ positioning as a high-end, homegrown brand.
With this funding, Wobble Displays launched the Maximus series, featuring a 116.5-inch screen along with 98-inch and 86-inch models. Wobble Displays will be introduced in televisions and interactive displays positioned in the high-end segment.
Before this, the Bengaluru startup had raised $36 million in a Series A funding round in June last year.
Founded in 2020 by Anand Dubey, Indkal Technologies operates as a trademark licensing and design firm, building and manufacturing consumer electronics and home appliances under global names such as Acer and Black & Decker, along with its own label Wobble.
Its product categories include smart televisions, smartphones, refrigerators, and washing machines.
Indkal initially began operations by licensing the Acer brand for televisions and later expanded into washing machines, which were developed and designed in-house to suit Indian households. The firm emphasises localised product development and domestic manufacturing as key pillars of its strategy.
Indkal has onboarded Ayushmann Khurrana as brand ambassador for Wobble.
Anand Dubey, CEO of Indkal Technologies, said, “This round is a significant milestone in our journey with Wobble Displays. The investment not only validates our vision of building a world-class quality display technology brand from India, but also provides the strategic impetus to accelerate innovation, scale our service ecosystem, and create products that redefine home entertainment and business utility for Indian consumers. We are excited about this new infusion of capital from participating investors whose belief in our long-term vision will propel us into the next phase of Wobble Displays’ growth.”
