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Know Everything About Atomberg Technologies In 2025

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Know Everything About Atomberg Technologies In 2025

Founded in 2012 by co-founders Manoj Meena and Sibabrata Das, Atomberg Technologies is a Mumbai‑based consumer appliance brand recognized for its energy‑efficient smart fans and diversifying into mixer grinders, smart locks, and other smart home devices.

Growth & Revenue
•    FY24 (ending March 2024): Revenue surged 31.5% to ₹848 crore from ₹645 crore, driven by ₹841 crore from fans; non-fan sales were ₹7 crore.
•    FY25 (ending March 2025): Crossed the ₹1,000 crore milestone—about 20% YoY growth over FY24.

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Profitability & Financials
•    FY24: Operating EBITDA loss narrowed from ₹49 crore to ₹22 crore (EBITDA margin improved to –3%).
•    Net loss expanded to ₹202 crore (up from ₹138 crore in FY23) owing to ESOPs, management incentives, and fundraising expenses.

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Funding & Valuation
    •    Atomberg has raised more than US $130 million as of June 2023, including an $86 million Series C led by Temasek and Steadview—valued approximately USD 425–450 million (₹2,940 crore).
    •    Total valuation was ₹2,940 crore; employee base was ~956 as of Apr 2025.

Operational Strategy & Expansion
•Product portfolio: Flagship BLDC smart fans with remote/smart features; foray into mixer grinders, smart locks, water purifiers, kitchen appliances.
•Distribution: Online channels (30%) and offline — more than 30,000 multi-brand outlets, to add ~1,500–2,000 counters every quarter.
•Manufacturing & R&D: ₹70 crore R&D facility in Pune; partnered with Kaynes Technology for better design, BOM/DFM analysis.

Brand & Marketing
• Official BCCI partner (2024–26), increasing visibility among cricket tournaments .
• Entered quick-commerce through Blinkit to catalyze fan sales during high demand .

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Summary: Atomberg has become a pioneer in smart fans, reaching ₹1,000 crore revenue by FY25. While continuing to be loss-making on account of strategic investments, its better EBITDA, widening product portfolio, institutional support, and partnerships indicate a trajectory towards profitability and its transition into a wider home-appliance brand by 2025.