Atomberg Tech Joins As BCCI’s Official Partner For 2024-26 Cricket Season

Share via:

Home appliances manufacturer Atomberg Technologies has joined as the official partner of the Board of Control for Cricket in India (BCCI) for its domestic and international Season 2024-2026.

Besides, beverage brand Campa has also joined as the other official partner of BCCI for the matches.

Atomberg has signed a three-year deal with the BCCI and their partnership will begin with the upcoming 3-match T20 series against Afghanistan, starting Thursday (January 11), BCCI said in a statement.

Meanwhile, Campa, a legacy brand under the Reliance Consumer Products umbrella, will leverage this association to announce a range of products and provide fans with a new-age experience at the stadiums.

Jay Shah, honorary secretary, BCCI said, “These partnerships not only strengthen our commitment to providing the best for our fans but also align with our values of excellence and sustainability…”

Arindam Paul, Founding Member and Chief Business Officer, Atomberg Technologies, said, “Looking at the excellent results in both brand and business metrics by being broadcast sponsors for many marquee cricket series, this official partnership with BCCI was the next strategic step for us.”

Meanwhile, Atomberg that earns a majority of its revenue from the sale of products on its website, ecommerce portals offline retail stores, recently ventured into smart locks and other home appliances. 

Atomberg has also recently ventured into newer categories like Mixer Grinders and Smart Locks, extending its motto of providing tech-enabled innovative products for new-age Indian consumers. 

Atomberg Technologies’ loss more than tripled during the financial year ended March 31, 2023. The startup’s net loss grew 3.5X to INR 138.35 Cr in FY23 from INR 39.3 Cr in the previous fiscal year.

The startup last raised $86 Mn in a Series C round led by Temasek and Steadview Capital along with Trifecta Capital, Jungle Ventures and Inflexor Ventures. Overall, the startup has raised a total funding of $126.5 Mn till date.

Founded by IIT Bombay alumni Manoj Meena and Sibabrata Das in 2015, the home appliances startup manufactures energy-efficient, remote and voice-controlled fans and fan accessories. Its product portfolio includes ceiling, pedestal, wall and exhaust fans, mixer grinders and smart locks.

The post Atomberg Tech Joins As BCCI’s Official Partner For 2024-26 Cricket Season appeared first on Inc42 Media.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

Atomberg Tech Joins As BCCI’s Official Partner For 2024-26 Cricket Season

Home appliances manufacturer Atomberg Technologies has joined as the official partner of the Board of Control for Cricket in India (BCCI) for its domestic and international Season 2024-2026.

Besides, beverage brand Campa has also joined as the other official partner of BCCI for the matches.

Atomberg has signed a three-year deal with the BCCI and their partnership will begin with the upcoming 3-match T20 series against Afghanistan, starting Thursday (January 11), BCCI said in a statement.

Meanwhile, Campa, a legacy brand under the Reliance Consumer Products umbrella, will leverage this association to announce a range of products and provide fans with a new-age experience at the stadiums.

Jay Shah, honorary secretary, BCCI said, “These partnerships not only strengthen our commitment to providing the best for our fans but also align with our values of excellence and sustainability…”

Arindam Paul, Founding Member and Chief Business Officer, Atomberg Technologies, said, “Looking at the excellent results in both brand and business metrics by being broadcast sponsors for many marquee cricket series, this official partnership with BCCI was the next strategic step for us.”

Meanwhile, Atomberg that earns a majority of its revenue from the sale of products on its website, ecommerce portals offline retail stores, recently ventured into smart locks and other home appliances. 

Atomberg has also recently ventured into newer categories like Mixer Grinders and Smart Locks, extending its motto of providing tech-enabled innovative products for new-age Indian consumers. 

Atomberg Technologies’ loss more than tripled during the financial year ended March 31, 2023. The startup’s net loss grew 3.5X to INR 138.35 Cr in FY23 from INR 39.3 Cr in the previous fiscal year.

The startup last raised $86 Mn in a Series C round led by Temasek and Steadview Capital along with Trifecta Capital, Jungle Ventures and Inflexor Ventures. Overall, the startup has raised a total funding of $126.5 Mn till date.

Founded by IIT Bombay alumni Manoj Meena and Sibabrata Das in 2015, the home appliances startup manufactures energy-efficient, remote and voice-controlled fans and fan accessories. Its product portfolio includes ceiling, pedestal, wall and exhaust fans, mixer grinders and smart locks.

The post Atomberg Tech Joins As BCCI’s Official Partner For 2024-26 Cricket Season appeared first on Inc42 Media.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Everest Fleet Raises INR 251 Cr From Uber To...

SUMMARY Everest Fleet’s board approved issuance of 13,726 Series...

India’s Physics Wallah raises $210M at $2.8B valuation even...

Physics Wallah, an Indian edtech startup, has secured...

Physics Wallah Raises $210 Mn With An Eye On...

SUMMARY The startup will primarily use the fresh funds...

Popular

Upcoming Events

Startup Information that matters. Get in your inbox Daily!