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Indkal Technologies raises $36 million in Series A funding led by Aries Opportunities Fund

PRIVATEJun 14, 2024

Amount Raised

$36 Million

Round Type

Series A

BengaluruManufacturingConsumer ElectronicsAudioElectronics

Investors

Aries Opportunities Fund

Description

Indkal Technologies, a Bengaluru-based consumer electronics startup, has raised approximately 300 crores INR ($36 million) in a Series A funding round led by Mauritius-based Aries Opportunities Fund. The funding will support product development infrastructure for Air Conditioners, Televisions, Washing Machines, and Refrigerators, as well as expanding the company’s product portfolio, distribution, and service network.

Quick answer

Indkal Technologies Private Limited raised $36 Million in a Series A round, dated June 14, 2024. Investors: Aries Opportunities Fund. Indkal Technologies Private Limited is based in Bengaluru, Karnataka, India.

How much did Indkal Technologies Private Limited raise?
Indkal Technologies Private Limited raised $36 Million in a Series A round on June 14, 2024.
Who invested in Indkal Technologies Private Limited?
Aries Opportunities Fund is named as investors in this round.
What does Indkal Technologies Private Limited do?
Indkal Technologies is a technology and innovation company.
Where is Indkal Technologies Private Limited based and how big is it?
Indkal Technologies Private Limited is based in Bengaluru, Karnataka, India.
Who are the decision-makers at Indkal Technologies Private Limited?
Fundz holds 1 contact at Indkal Technologies Private Limited. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Consumer Electronics and Audio around the same time

Companies in the same sectors as Indkal Technologies Private Limited that raised within 45 days of this round, from Fundz verified event records.

  • Sostark raised $2.1M (Seed) on July 3, 2024.
  • Uniqconn raised $7M (Series A) on June 18, 2024.
  • Tset raised $14M (Series A) on July 29, 2024.
  • Simple Energy raised $20M (Series A) on July 29, 2024.
  • H55 raised $74M (Series C) on July 29, 2024.
  • ZeroTier raised $14M (Series A) on July 29, 2024.

Who to call at Indkal Technologies Private Limited, and when

A new round usually means Indkal Technologies Private Limited is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Indkal Technologies Private Limited raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Indkal Technologies Private Limited, from your own LinkedIn network

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Company Information

Company

Indkal Technologies Private Limited

Location

Bengaluru, Karnataka, India

About

Indkal Technologies is a technology and innovation company. Indkal excels in delivering extraordinarily high quality and revolutionary consumer electronics products.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Indkal Technologies Private Limited raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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