iDO Devices raises $4 Mn funding from Blume, Merak Ventures

iDO Devices, a consumer electronics startup has raised $4 million (around Rs 34 crore) in a funding round led by Blume Ventures and Merak Ventures.

The startup will use the new funds to grow its customer base, boost technology development, and expand its IP portfolio. It aims to bring in consumer electronics and enterprise tech clients from the US, Europe, and India.

Read also- SaaS startup Scalekit raises $5.5 Mn seed funidng led by Together Fund

"What we are trying to create at iDO is a set of capabilities ranging from chipset design through hardware layout, firmware, and systems software. Along with investment and control of critical component technologies, this will position iDO as a global leader in tech product design across multiple segments. We are executing on BLE and Wi Fi and expect to deepen these technologies by designing our own SoCs," said Shalabh Srivastava, Founder and CEO of iDO Devices.

About iDO Devices

Founded this year by Ashita Gupta, Shalabh Srivastava, and John Xie, iDO Devices is a full-stack electronics design and manufacturing startup that helps brands bring products from concept to market. Its products include Bluetooth wearables, GSM phones, GPS trackers, and WiFi smart devices.  

iDO Devices has over 100 engineers in India and China and works with global partners. It aims to expand its single-window fulfillment services and boost India’s role in global product innovation.

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