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Smart home automation company Keus raises $12 Mn

Feb 05, 2024over 1 year ago

Amount Raised

$12 Million

HyderabadAppliances, Electrical, and Electronics Manufacturing

Investors

Oaks Consumer FundOaks Asset Management

Description

Smart home automation company Keus has raised $12 million in its first external round led by private equity player OAKS Asset Management. The OAKS Consumer Fund invested Rs 80 crore and the company’s founders, Brijesh Chandwani and Subram Kapoor, participated in the round with the remaining capital.

Company Information

Company

Keus

Location

Hyderabad, Sindh, Pakistan

About

Keus is pioneering a new normal in India, delivering smart homes that are as sleek as they are intelligent. We've already reimagined over 1500 luxury homes in Hyderabad alone, fast-tracking our way to becoming India's go-to smart home solution for premium living. At Keus, we're as much about tech as we are about elevating lifestyles, one smart home at a time and love to create products whose design our customers will love and technology they will use. We are an innovation-first ecosystem whose singular mandate is to enhance the living experience of current and future homes, through the use of design-centric thinking and cutting edge technology.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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