Lumio raises $12M to expand smart electronics lineup
Lumio, an Indian startup making smart TVs, projectors, and speakers, just raised $12 million in Series A funding led by Blume Ventures. The company plans to use the cash to grow its product line, invest in its software (including an AI content recommendation engine), strengthen after-sales support, and open offline stores. Since launching in 2025, Lumio claims it serves 35,000 homes and hit over ₹100 crore in sales in just over a year.
- Raised $12M Series A led by Blume Ventures
- Makes smart TVs, projectors, and speakers
- Plans offline retail expansion and software upgrades
- AI engine recommends content in nine Indian languages
- Claims ₹100 crore sales in 13 months
Sources covering this
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