Lumio Raises $12 Million Series A Led By Blume Ventures

7 Oct 2026, 5:49 pm · 11h ago · 1 min read · Inc42

Amount

$12M

Stage

Series A

Lead

Blume Ventures

Consumer electronics startup Lumio has raised $12 million (approximately ₹102.5 crore) in a Series A funding round led by Blume Ventures. Existing investors Stellaris Venture Partners and 3one4 Capital also participated in the round. Founded in 2024 by former Xiaomi India executive Raghu Reddy and former Flipkart executive Kailash Sankaranarayanan, Lumio designs smart home entertainment devices including smart TVs, projectors, and speakers. The company plans to use the fresh capital to expand its product portfolio, scale its offline retail footprint, and enhance its proprietary AI-powered multilingual content discovery platform, TLDR.