Bengaluru-based consumer electronics maker Circuit House Technologies, parent company of the Lumio brand, secured $12 million (around ₹115 crore) in fresh funding led by venture capital firm Blume Ventures. Existing backers Stellaris Venture Partners and 3one4 Capital also joined the Series A round. Lumio designs and sells home entertainment hardware, including Vision Smart TVs, Arc projectors, and Aura speakers. The team plans to spend the incoming capital on research and development for new home devices, software engineering, offline retail expansion, and after-sales service support across Indian cities.
Key Takeaways
- Lumio secures $12 million (₹115 crore) in Series A funding led by Blume Ventures.
- Stellaris Venture Partners and 3one4 Capital participate as repeat institutional investors.
- The company generated ₹100 crore in gross merchandise value within 13 months of commercial operations.
- Operations now reach over 35,000 households spread across 5,000 pin codes in India.
- Fresh capital will fund new hardware categories, physical experience centers, and localized software development.
Circuit House Technologies entered the market in early 2025 with its first Vision Smart TV line. Over the past 18 months, the company expanded its catalog to include Arc smart projectors and Aura wireless speakers. Sales performance showed strong traction, crossing ₹100 crore in gross merchandise value within 13 months of launch. Between April and August 2026, the company more than tripled its gross merchandise value compared to the same period in the prior year. Lumio built its current footprint of 35,000 households without operating standalone physical shops or spending on traditional television commercials. Company data indicates that nearly half of its television customers shifted directly from established legacy electronics brands.
Software remains a central focus for the Bengaluru startup. The company built an AI-based content discovery system called Project Neo alongside its TLDR software layer. The discovery engine runs in public beta across nine Indian languages and carries several pending patent filings. Founders Raghu Reddy, Chief Executive Officer, and Kailash Sankaranarayanan, Chief Operating Officer, plan to direct substantial funds toward engineering and testing facilities. The firm will also set up physical demo spaces where buyers can test displays and audio hardware in person before ordering. On the customer care side, Lumio currently maintains over 300 service centers covering 19,000 pin codes nationwide and plans to add more field staff to handle home visits.
Frequently Asked Questions
Q1. What is Lumio and who owns it?
A1. Lumio is an Indian consumer electronics brand founded in 2025 by parent company Circuit House Technologies, based in Bengaluru.
Q2. How much funding did Lumio raise in this round?
A2. Lumio raised $12 million, equivalent to about ₹115 crore, in a round led by Blume Ventures.
Q3. What products does Lumio sell in India?
A3. Lumio sells home entertainment equipment, including Vision Smart TVs, Arc projectors, and Aura audio speakers.
Q4. What is Lumio Project Neo?
A4. Project Neo is an AI-driven content discovery software layer integrated into Lumio TVs and projectors, currently running in public beta in nine Indian languages.
