Private Equity VC Fund Investments
Home appliances maker upliance ai raises Rs.34-Cr led by Khosla Ventures
Source Inc42 (opens in a new tab)
Bengaluru-based home appliances maker upliance.ai has raised INR 34 crore (over USD 4 million) in its seed funding round led by Khosla Ventures. The funding round pegged the startup at a valuation of INR 143 crore.upliance.ai plans to use the fresh capital to ramp up the production of its AI-powered cooking assistant and scale up revenue to INR 150 crore by the end of 2024.Founded by Mahek Mody and Mohit Sharma, upliance.ai is backed by Nikhil Kamath-led Rainmatter Fund and Rukam Capital.