India's Atomberg Technologies raises $86 million in fresh funding

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India's Atomberg Technologies raises $86 million in fresh funding
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Indian home appliances company Atomberg Technologies on Monday said it has raised $86 million in a fresh funding round, led by Singapore's Temasek Capital and India-focused asset manager Steadview Capital Management LLC.

"With this round of fundraising, our focus is on enhancing product development and improving our product suite," Chief Executive Manoj Meena said in a statement.

Trifecta Capital, along with existing investors Jungle Ventures Pte Ltd and Inflexor Ventures LLP, also participated in the Series C round via a mix of primary and secondary issuances, the company said.

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