Published: October 6, 2026
StartupFeed Quick Take
- The Beyond Appliances Series B brought in Rs 110 crore, led by Fireside Ventures with Dharana Capital.
- Net revenue at Beyond Appliances was Rs 40 crore in FY26; a year earlier it put its run rate near Rs 50 crore.
- The three-year goal is Rs 500 crore in annual recurring revenue, with ovens due in nine to 12 months.
Beyond Appliances raised Rs 110 crore in a Series B round led by Fireside Ventures, the Bengaluru smart kitchen brand said on October 6.
Dharana Capital and other investors joined. The company’s funding statement puts the round a year after a Rs 34.9 crore Series A, which Fireside also led.
Eshwar K Vikas, co-founder and chief executive of Beyond Appliances, started the brand in August 2024 with Rakesh Patil, the chief technology officer. Both earlier built Mukunda Foods, a kitchen robotics company.
What the Beyond Appliances Series B Pays For
The money goes into a new factory, research and more product categories. Ovens come in nine to 12 months. Vikas told Inc42 the plant will sit in south or west India.
Two factories, in Delhi NCR and Bengaluru, make about 90 percent of the products in-house. Retail covers Delhi, Mumbai, Bengaluru and Hyderabad.
Ten more cities are planned over three years. Three exclusive stores are open, with 15 to 20 more in the pipeline.
The Rs 500 Crore Target Needs Revenue to Grow 12 Times
Net revenue was Rs 40 crore in FY26. The three-year target is Rs 500 crore in annual recurring revenue. We worked out that this needs growth of about 2.3 times a year, every year.
At the Series A in August 2025, Beyond Appliances put its run rate near Rs 50 crore and the three-year target at Rs 400 crore. That target is now Rs 500 crore, counted from a fresh three-year clock.
Three rounds since November 2024 add up to about Rs 162 crore. The seed was Rs 16.8 crore, also led by Fireside Ventures.
Vikas set out the thinking in the funding statement.
“fundamentally designed around how Indian households cook and live”
Eshwar K Vikas, co-founder and chief executive, Beyond Appliances. From the funding statement, October 6, 2026.
What this means for you: If you sell kitchen appliances or run a large format retail chain, a funded rival is about to chase 10 new cities. Beyond Appliances enters ovens within 12 months, so watch that category from the first quarter of 2027.
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