Beyond Appliances Raises ₹110 Cr To Expand Product Portfolio, Boost Manufacturing

By the FinanceChecks.com Editorial Team | Published October 6, 2026 | Last reviewed October 6, 2026 | 6-minute read

Smart kitchen appliance startup Beyond Appliances has raised ₹110 crore (around $10.4 million) in a Series B funding round led by Fireside Ventures, with participation from Dharana Capital and a group of undisclosed investors. The round comes almost exactly a year after the company’s $4 million Series A, also led by Fireside Ventures, and brings its total funding to roughly $16.4 million across three rounds since late 2024.

Here’s what Beyond Appliances actually makes, where this fresh capital is headed, and what the company’s growth trajectory looks like so far.

What Beyond Appliances Actually Builds

Founded in August 2024 by Vikas and Rakesh Patil, Bengaluru-based Beyond Appliances makes connected, tech-enabled kitchen appliances, primarily smart chimneys and smart hobs or cooktops. Its product range includes Android-powered chimneys and plug-and-play variants that let users access OTT apps, play music, set reminders and manage grocery lists directly through the appliance itself, essentially building smart-device functionality into what’s traditionally been a purely mechanical category of kitchen hardware.

The company holds multiple patents on its technology and has positioned itself in a market still dominated by established appliance brands like Faber, Elica and Hafele, betting that connected, software-driven features can differentiate it in a category that hasn’t historically seen much tech innovation.

The Funding Round in Detail

Detail	Information
Amount raised	₹110 Cr (~$10.4 Mn)
Round type	Series B
Lead investor	Fireside Ventures
Participating investors	Dharana Capital, undisclosed additional investors
Founded	August 2024
Founders	Vikas Patil, Rakesh Patil
Headquarters	Bengaluru
Existing manufacturing facilities	2
Prior funding	$2 Mn seed (Nov 2024) and $4 Mn Series A (Aug 2025), both led by Fireside Ventures

This is Beyond Appliances’ third funding round in under two years, a notably fast cadence for a hardware-manufacturing startup, a category that typically raises less frequently than pure software businesses given the longer lead times involved in scaling physical production.

What the Money Is For

The company plans to use the fresh capital primarily to add a new manufacturing plant, alongside continued investment in R&D and an expansion of its product portfolio beyond its current chimney and hob lineup. A specific near-term product milestone has been flagged: Beyond Appliances intends to launch an oven within the next 9 to 12 months, its first real move beyond the two categories, chimneys and hobs, it has built its business on so far.

Beyond manufacturing and new products, the company is also planning a push into physical retail, with reporting suggesting it intends to establish an offline presence across 10 additional cities, likely starting through retail partners rather than company-owned stores. Beyond Appliances’ products are currently sold through major e-commerce platforms including Amazon and Flipkart, as well as a limited number of retail stores, so this would mark a meaningful expansion of its distribution beyond its current online-first, Bengaluru-centric retail footprint.

The Growth Numbers Behind the Round

Beyond Appliances has reported strong early traction to support this funding trajectory. The company says it has doubled its revenue since its seed round in November 2024, with consistent month-on-month growth and strong repeat purchase rates, and its flagship kitchen appliance range remains its primary revenue driver. With this Series B, the company is targeting ₹500 crore in annual recurring revenue within three years, a significant jump from its current scale that would depend heavily on both the new manufacturing capacity coming online and the oven launch landing successfully in a category it hasn’t operated in before.

Why This Round Fits a Larger Pattern

Beyond Appliances’ fundraise lands amid a broader wave of Indian startups expanding into the home appliance and interiors space, driven by rising consumer spending on home improvement, furnishings and the devices that go with them. Investors backing connected, software-enabled hardware in categories like kitchen appliances are generally betting that Indian consumers, much like they did with smart TVs and smart speakers, will increasingly prefer connected versions of previously “dumb” home appliances, provided the pricing and user experience make the upgrade worthwhile relative to traditional alternatives.

What to Watch Next

A few things will likely determine how this round is viewed in hindsight. Beyond Appliances is expected to name a specific site and timeline for its new manufacturing plant in the coming months, since that capacity underpins both the oven launch and the ₹500 crore ARR target the company has set for itself. How quickly it can stand up offline retail partnerships across its targeted 10 cities will also matter, since online-first appliance brands often find offline expansion more operationally complex than anticipated. And its entry into the oven category is likely to draw some competitive response from established players like Faber, Elica and Hafele, who may respond with their own promotions or feature-led launches once Beyond Appliances’ offering reaches the market.

Frequently Asked Questions

1. How much did Beyond Appliances raise in its Series B round? ₹110 crore, approximately $10.4 million, in a round led by Fireside Ventures with participation from Dharana Capital and other undisclosed investors.

2. What does Beyond Appliances make? Smart, connected kitchen appliances, primarily smart chimneys (including Android-powered and plug-and-play variants) and smart hobs or cooktops.

3. Who founded Beyond Appliances, and when? Vikas Patil and Rakesh Patil founded the Bengaluru-based company in August 2024.

4. How much total funding has Beyond Appliances raised? Including this Series B, the company has raised roughly $16.4 million across a $2 million seed round, a $4 million Series A, and this $10.4 million Series B.

5. What will Beyond Appliances do with the new funding? Build a new manufacturing plant, invest in R&D, launch an oven within 9 to 12 months, and expand its offline retail presence into 10 additional cities.

6. What is Beyond Appliances’ revenue target? The company is aiming for ₹500 crore in annual recurring revenue within three years.

7. Who are Beyond Appliances’ main competitors? Established kitchen appliance brands including Faber, Elica and Hafele.

Disclaimer

This article is for general informational purposes only and does not constitute investment advice. Details are based on company statements, funding announcements and publicly available news reporting at the time of writing. FinanceChecks.com is not affiliated with Beyond Appliances, Fireside Ventures, or Dharana Capital.

Last reviewed and fact-checked on October 6, 2026 by the FinanceChecks.com Editorial Team.