Beyond Appliances Raises ₹110 Crore for Expansion, Manufacturing

Smart kitchen appliance brand Beyond Appliances has raised ₹110 crore (approximately $10.4 million) in a Series B funding round. The investment was led by Fireside Ventures, with participation from Dharana Capital and other undisclosed investors.

The Bengaluru-based startup intends to utilize the new capital to establish a new manufacturing facility. The company also plans to expand its product offerings into new segments, with founder Eshwar K Vikas indicating the launch of ovens within the next 9 to 12 months.

The new manufacturing plant is being considered for South or West India. Beyond Appliances currently operates two facilities in Delhi NCR and Bengaluru and manufactures about 90% of its products in-house. Founded in August 2024, the company focuses on connected kitchen appliances such as smart chimneys and hobs.

The company employs an omnichannel sales approach, selling 60% of its products online and the remainder through offline channels. This funding round occurs as more Indian startups enter the home appliance market, driven by increased consumer spending on interior design and complementary devices.