Circuit House Technologies, an India-based consumer tech company, said its Lumio brand raised US$12 million in a series A round led by Blume Ventures, with participation from existing investors Stellaris Venture Partners and 3one4 Capital.

The company said the funding will support brand growth, research and development, and hiring.

Launched in 2025, Lumio sells smart TVs, projectors, and speakers. Circuit House Technologies said Lumio crossed 1 billion rupees (US$10.4 million) in gross merchandise value within 13 months of commercial sales.

The company said Lumio serves more than 35,000 households across more than 5,000 pin codes. It plans to expand into more home-device categories, build an offline retail presence, and increase headcount to expand after-sales support.

🔗 Source: YourStory