VC Fund Investments
Consumer electronics brand Kreo raises Rs.6.5 Cr
Kreo, a Bengaluru-based consumer electronics brand catering to gamers and creators, has raised a INR 6.5 crore seed round via a combination of equity and debt financing. The round was led by Sauce.VC and included the Chona Family Office, Revant Bhate (co-founder, Mosaic Wellness), Bala Sarda (Founder, Vahdam Teas), and Nikhil Bhandarkar (co-founder, Panthera Peak Capital). Founded in 2022 by Ishan Sukul, Niraj Chitnis, and Himanshu Gupta, Kreo is set to launch over 50 products for gamers and creators in the next 12 months. It has a portfolio of 10 products. The new funding will be used for brand building, to facilitate product development, support growth initiatives, and enable the expansion of the Kreo team.
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