Consumer Appliance Startup EDT Raises $2.4 Mn To Expand Product Portfolio

by · Inc42

SUMMARY

  • Consumer-tech brand EDT has raised $2.4 Mn in an oversubscribed pre-Series A round led by existing investor Sauce.vc.
  • There is growing investor interest in India’s new-age consumer-tech and appliance space, with startups such as EDT expanding the market beyond traditional home appliances through design-led and technology-enabled products.
  • EDT will use the funds to build festive inventory, launch new products and expand its growth, supply chain, brand and product teams.