Exclusive: Parampara Capital invests $1 mn in appliances maker Atomberg

Atomberg Technology Pvt Ltd, a Mumbai-based startup that is developing energy-efficient and smart household appliances, has raised about $1 million (Rs 6.7 crore) in a pre-series A round from venture capital firm Parampara Capital. The startup aims to use the funds to enhance its manufacturing capacity and develop products. It will also use the funds Read more »

Mumbai Based Atomberg Raises $1Mn From Parampara Capital

Mumbai-based Atomberg that makes smart, energy efficient home appliances, has raised $1Mn from Parampara Capital. Atomberg was founded in 2012 by IIT Bombay alumni Manoj Meena and Shibarata Das. The startup will use the newly raised capital for increasing manufacturing capacity, automating the plant, product development and increasing online presence. Atomberg is also planning to Read more »

This Gorilla Can Blow Your Power Bill Away

At a time and age when energy conservation is a hot topic, two graduates from IIT Mumbai have struck gold with Gorilla fans. These super energy-efficient fans consume barely one-third the electricity needed for normal fans. Manoj Meena and Sibabrata Das, of Atomberg Technologies, say that they came up with the name to show aggression Read more »

Atomberg Technology fans change in the smart appliance market

When ex-IITians Manoj Meena and Sibabrata Das founded hardware company Atomberg Technology in 2012, they aimed to combine energy efficiency with emerging trends like IOT to create smart, intelligent, and connected electrical appliances. The Mumbai-based startup was looking to solve a two-fold problem: India’s energy crisis– Today, 22 percent of Indians have no access to Read more »

Atomberg Technologies – Working Towards Energy Efficiency

Living in a Tropical country can be taxing at times, moreso, if you are to spend long summers beating the heat. As a remedy we seek relief through various electrical appliances, that might help us ease the trouble. Though this is the only solution to the climatic conditions that we dwell in, the results are Read more »

Atomberg Technology: A Native Startup that Manufactures Energy Efficient Fans

India is a hot bed for startups. According to the latest report by NASSCOM, almost 3 to 4 startups take birth every day in this ecosystem. However, notably, there remains a huge gulf between the number of internet-based startups and hardware startups in the country. While the former is evidently surging, the latter is still Read more »

Gorilla Fans in Ceramic Industry

There is no denying the fact that India is staring at a huge energy crisis. To sustain the country’s rapid urbanization, scaling up energy efficiency projects looks to be the best bet. And incorporating energy-efficiency measures in new and existing buildings, especially the commercial buildings like industries, hotels, hospitals etc will go a long way Read more »

Life in a hardware start-up

Good things in life usually do not come easy. And it does not come any tougher than trying to create a successful hardware company in India. There are reasons why people do not usually venture into hardware. While most IIT or IIM grads would gleefully join an internet start-up, most of them would have reservations Read more »