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41 days agoiDO Devices Raises $4 Million from Blume & Merak to Expand ODM Business
iDO Devices, an original design manufacturer (ODM) in India, has secured $4 million funding led by Blume Ventures and Merak Ventures. The funds will support further development of its hardware design and manufacturing capacity, enabling expansion of its product portfolio. This investment reflects growing interest in India’s full-stack product tech space, especially hardware manufacturing. Rising costs globally and supply chain challenges are pushing more companies toward local ODMs. The raise also signals investor confidence in hardware innovation beyond software startups.
positive
41 days agoiDO Devices Raises $4 Million from Blume & Merak to Expand ODM Business
iDO Devices, an original design manufacturer (ODM) in India, has secured $4 million funding led by Blume Ventures and Merak Ventures. The funds will support further development of its hardware design and manufacturing capacity, enabling expansion of its product portfolio. This investment reflects growing interest in India’s full-stack product tech space, especially hardware manufacturing. Rising costs globally and supply chain challenges are pushing more companies toward local ODMs. The raise also signals investor confidence in hardware innovation beyond software startups.
positive
iDO Devices Raises $4 Million from Blume & Merak to Expand ODM Business
about 1 month ago
1 min read
80 words
iDO Devices gets $4M to scale hardware ODM operations.
iDO Devices, an original design manufacturer (ODM) in India, has secured $4 million funding led by Blume Ventures and Merak Ventures. The funds will support further development of its hardware design and manufacturing capacity, enabling expansion of its product portfolio. This investment reflects growing interest in India’s full-stack product tech space, especially hardware manufacturing. Rising costs globally and supply chain challenges are pushing more companies toward local ODMs. The raise also signals investor confidence in hardware innovation beyond software startups.
iDO Devices, an original design manufacturer (ODM) in India, has secured $4 million funding led by Blume Ventures and Merak Ventures. The funds will support further development of its hardware design and manufacturing capacity, enabling expansion of its product portfolio. This investment reflects growing interest in India’s full-stack product tech space, especially hardware manufacturing. Rising costs globally and supply chain challenges are pushing more companies toward local ODMs. The raise also signals investor confidence in hardware innovation beyond software startups.
Companies:
iDO Devices
Tags:
hardware
startup
hardware
startup
ODMs
India
funding
Sep 20, 2025 • 16:47 IST