By Entrackr
Consumer electronics manufacturer Circuit House Technologies has secured $4.3 million in a new investment round co-led by Stellaris Venture Partners and 3one4 Capital. The round also witnessed participation from Mamaearth co-founder Varun Alagh and Tracxn Co-founder Abhishek Goyal. This is the first institutional funding for the startup.
The proceeds will be used to build the next-generation Indian consumer tech company and offer cutting-edge home entertainment products, Circuit House said in a press release.
Co-founded in March 2024 by Reddy and Kailash S, Circuit House offers consumer electronic products. The company claims to offer consumer products that are related to the connected devices segment. The platform focuses on the innovation of consumer tech, including android/android TV platforms.
According to the Bengaluru-based company, it will develop and sell consumer electronic products, starting with products in the home entertainment category that will be launched early next year.
The other notable players in this space are Miko, GOQii, CWD Limited, Boat, Noise and others.