IIT-B alumni's home appliances startup Atomberg raises $86 million

Home appliances startup Atomberg has secured $86 million in funding in a round led by Temasek and Steadview Capital. The round also saw participation from Trifecta Capital, Jungle Ventures and Inflexor Ventures. Founded by IIT Bombay alumni Manoj Meena and Sibabrata Das in 2012, the startup last raised $20 million in December 2021.