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Kitchen appliance startup EDT raises $2.4M led by Sauce VC for inventory and beauty gadget expansion.
EDT, a Mumbai-based kitchen appliance brand, has raised $2.4 million in a funding round led by existing investor Sauce VC. The round also included participation from venture debt firm Alteria Capital and several individual investors including Raul Rai, Shibam Das, Arindam Paul, Ajith Pai, and Anushree Tainwala. The company plans to use the capital to build inventory ahead of the festive season and expand into beauty gadgets.
Company Information
Company
EDT
Location
Mumbai, Maharashtra, India
About
EDT is a Mumbai-based kitchen appliance brand that designs and manufactures innovative kitchen gadgets. The company is expanding its product portfolio into beauty gadgets while scaling up inventory for seasonal demand. EDT has gained backing from prominent venture capital firms and angel investors in the consumer appliances space.
Fundz sees it the moment EDT raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
MumbaiManufacturing