New Delhi, Circuit House Technologies has raised US$4.3 million (approximately Rs 35.9 crore) in a funding round led by Stellaris Venture Partners and 3one4 Capital, with participation from several leading angel investors.
According to a release, the funds will be used to assemble a team across multiple functions, advance R&D efforts on hardware and software, and launch India's next generation consumer electronics brand in the coming months.
Circuit House Technologies is co-founded by Raghu Reddy (former Chief Business Officer, Xiaomi India) and Kailash Shankaranarayanan (former Senior Director, Flipkart).
“Circuit House Technologies, led by consumer tech industry veterans, has announced US$4.3 million in seed funding led by Stellaris Venture Partners and 3one4 Capital, with leading angel investors including Varun Alagh (Co-Founder, Mamaearth), Abhishek Goyal (co-founder, Traxon), and several strategic investors,” it said.
According to a release, the funds will be used to assemble a team across multiple functions, advance R&D efforts on hardware and software, and launch India's next generation consumer electronics brand in the coming months.
Circuit House Technologies is co-founded by Raghu Reddy (former Chief Business Officer, Xiaomi India) and Kailash Shankaranarayanan (former Senior Director, Flipkart).
“Circuit House Technologies, led by consumer tech industry veterans, has announced US$4.3 million in seed funding led by Stellaris Venture Partners and 3one4 Capital, with leading angel investors including Varun Alagh (Co-Founder, Mamaearth), Abhishek Goyal (co-founder, Traxon), and several strategic investors,” it said.
