Consumer electronics firm Atomberg is planning $200M IPO in India
01 Dec 2025

Atomberg Technologies, a consumer electronics company backed by Temasek Holdings, is considering an initial public offering (IPO) in Mumbai. The move could raise around $200 million.

The company has already received funding from Steadview Capital Management LLC and Jungle Ventures Pte.

According to Bloomberg, Atomberg has held talks with investment banks about the potential listing and is likely to appoint advisers soon.

A blend of new shares and secondary sales
IPO details

The upcoming IPO from Atomberg is expected to be a mix of new share issuance and secondary sales by existing investors.

The company is among many others looking to tap into India's thriving IPO market, which has already raised some $19.6 billion this year, according to Bloomberg data.

This comes after a record $21 billion in 2024.

Atomberg's journey and product expansion
Company evolution

Founded in 2012 by Manoj Meena and Sibabrata Das, Mumbai-based Atomberg started out by making fans. Over the years, it has expanded its product range to include mixer grinders, water purifiers, and smart locks.

Atomberg's recent funding round
Funding details

In 2023, Atomberg had raised $86 million from investors such as Temasek, Jungle Ventures, Steadview Capital, and Inflexor Ventures.

The investment came via a mix of primary and secondary transactions, with Avendus Capital advising on the deal.

As the company prepares for its potential IPO, it continues to draw attention from major investors in the consumer electronics space.