- The digital-first Atomberg ceiling fans are recognized as one of the best selling brands on Amazon & Flipkart in 2020
- A new-age consumer durable startup has registered remarkable sales online & offline in 2020 when compared to 2019
Mumbai, India: Atomberg Technologies, a digital-first consumer durables startup, has witnessed a 4x y-o-y surge in online sales this festive season as compared to 2019. It has also seen 3x growth in offline sales. Atomberg has reached the annual revenue run rate of 180 crores (1.8 billion). The startup is operational across 100 cities in India. 50% of sales are coming from non-metro and tier 1 cities.
Additionally, Atomberg is recognized as one of the best selling brands on Amazon and Flipkart with the launch of three new ceiling fans, Atomberg Studio+, Renesa Alpha and Renesa Naveo, and an exhaust fan, Studio category.
Commenting on the festive sales, Manoj Meena, CEO & Founder of Atomberg Technologies said, “Despite the pandemic, Atomberg has seen unprecedented year on year growth every month from June onwards. Our festive sales across all channels have far exceeded our expectations. This gives us tremendous confidence going into 2021 that Indian consumers definitely value high-quality smart products and are ready to pay a premium for that”.
Headquartered in Mumbai, Atomberg was founded by Manoj Meena and Sibabrata Das in 2012.
It is one of the fastest-growing consumer startups in India and is one of the leading players of smart and efficient fans in India- ceiling, pedestal, wall, and exhaust fans. Last financial year, the company sold close to 5 lakh units in the Indian market. 4 of the top 5 best rated and sold products on Amazon/Flipkart are Atomberg products. The startup also has a presence in 6000 retail counters in 100 cities.
In addition to being energy efficient, these fans are also remote controlled, voice-controlled, and run 3 times longer on inverters. Atomberg fans are currently the best-rated fans on all e-commerce websites and are available in more than 6000 retail counters across the country. Over the last 5 years, Atomberg has raised more than 13 million dollars in funding from VCs like A91 partners, IDFC Parampara, and the Suman Kant Munjal Family Office. Over the last few years, Atomberg has won multiple accolades like the ET Startup of the Year Award( Best on Campus), the Global Cleantech Innovation Award by United Nations, and the Climate Solver Award by WWF.