Lumio raised $12 Mn in a Series A funding round led by Blume Ventures

Consumer electronics brand Lumio (operated by Circuit House Technologies) raised $12 Mn (around ₹102.5 Cr) in a Series A funding round led by Blume Ventures, with participation from existing backers Stellaris Venture Partners and 3one4 Capital. The company said it will use the funds to invest in products and software, expand into new categories, scale after-sales support, and start building an offline retail presence.