Emerging smart kitchen appliance innovator Beyond Appliances has successfully raised $2 million in its seed funding round. Spearheaded by Fireside Venture Investment Fund III, the funding marks a significant step toward advancing the company’s production capabilities and technology innovation.
In addition to Fireside Ventures, the round saw participation from:
- Dharana Capital
- Angel investors including:
- Shezan Bhojani, Founder of Design Cafe
- Saurabh Jain and Ramakant Sharma, Co-founders of Livspace
- Chandru Kalro, Former CEO of TTK Prestige
Founded in 2024 by Eshwar K Vikas and Rakesh Patil, Beyond Appliances has gained attention for its cutting-edge kitchen technology. The startup’s product range includes:
- Android-powered chimneys with a 7-inch display doubling as a kitchen management system.
- DosaMatic, an automatic dosa-making machine offering convenience to Indian households.
- Smart hobs with digital timers and enhanced safety features, such as Flame Failure Detection (FFD).
- Whistle counters for precise cooking control.
The Android chimney stands out by integrating apps like Zepto and Blinkit, enabling users to access OTT platforms, stream music, set reminders, and create grocery lists seamlessly.
The $2 million funding will be directed toward:
- Scaling production capacity to meet growing demand.
- Accelerating technological advancements for new product innovations.
By addressing consumer needs for smarter, safer, and more efficient kitchens, Beyond Appliances is poised to redefine the Indian kitchen appliance market.
Sources: Economic Times, YourStory, Inc42
Key Highlights:
- Beyond Appliances raised $2M in seed funding led by Fireside Ventures.
- Prominent investors include Dharana Capital and angel investors like Shezan Bhojani, Saurabh Jain, and Chandru Kalro.
- The company’s flagship products include Android-powered chimneys, DosaMatic, and smart hobs.
- Funds will enhance production and technology development to support market growth.