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Atomberg's engineering arm is set to raise Rs 150-200 crore, led by General Catalyst, to support its growth ahead of a planned Rs 2,000-crore IPO.
PRIVATEJul 29, 2026•1 day ago
Amount Raised
₹2 Billion
Round Type
IPO
MumbaiManufacturing
Investors
Mirae Asset ManagementGeneral Catalyst
Description
Atomberg's fundraise plans for its engineering arm aim to secure Rs 150-200 crore, with General Catalyst leading the round. Mirae Asset Management is also considering participation. This funding will help the unit raise capital independently while preserving existing investors' ownership. The B2B arm focuses on motors and components, with significant growth potential anticipated in the near future.
Company Information
Company
Atomberg
Location
Mumbai, Maharashtra, India
About
Atomberg is in the business of revolutionizing India's home appliances, by solving one problem at a time.
Our secret weapon? Asking the right questions. Pointed questions about how we can make our customers' daily lives easier. Questions that require granular answers and thoughtful product design.
MumbaiManufacturing