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Atomberg raises $86 million in funding led by Temasek, Steadview Capital at $400-450 million valuation

Atomberg plans to use the funds to boost manufacturing capabilities, support new product launches, and deepen its presence in offline stores in key regions.
Steadview, Temasek in talks to invest $50-$60 million in smart fan maker Atomberg at a valuation of $350 million

Atomberg's potential fundraise comes at a time when funding to the country's startups has slowed by more than 70 percent over the last three quarters, with investors preferring to avoid high-growth, loss-making technology companies amid macroeconomic headwinds.

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Atomberg Funding

Atomberg raises $86 million in funding led by Temasek, Steadview Capital at $400-450 million valuation

Steadview, Temasek in talks to invest $50-$60 million in smart fan maker Atomberg at a valuation of $350 million