Consumer electronics manufacturer Circuit House Technologies has announced the successful closure of a $4.3 million investment round, marking its first institutional funding milestone. The round was co-led by Stellaris Venture Partners and 3one4 Capital, with notable participation from Varun Alagh, co-founder of Mamaearth, and Abhishek Goyal, co-founder of Tracxn.
Founded in March 2024 by Reddy and Kailash S, Circuit House Technologies specializes in consumer electronic products, particularly in the connected devices segment. The Bengaluru-based startup aims to revolutionize the consumer tech industry in India by focusing on innovation, particularly in Android and Android TV platforms.
According to a press release from Circuit House Technologies, the freshly raised capital will be utilized to establish itself as a leading player in the Indian consumer tech landscape. The company plans to launch a range of cutting-edge home entertainment products starting early next year, emphasizing its commitment to delivering advanced technological solutions to consumers.
The funding round underscores growing investor confidence in Circuit House Technologies’ vision and capabilities to innovate within the competitive consumer electronics market. With established players like Miko, GOQii, CWD Limited, Boat, and Noise already prominent in the sector, Circuit House Technologies aims to carve out a significant market share through its focus on quality, innovation, and customer-centric product development.