By Aishwarya

Copyright thehindubusinessline

Consumer electronics company Indkal Technologies has raised $20 million in bridge funding from a mix of existing backers and new institutional investors, including domestic family offices.

The capital infusion is part of Indkal’s Series B round, which is being executed in two stages, the bridge now, followed by a larger round expected towards the end of the financial year.

“The bridge generally caters to our emphasis on building Wobble, a homegrown brand for new-age electronics products, where we have been substantially investing in product development and innovation. The rollout of the brand in new categories is timed with the festive season, and hence we went ahead with the bridge first,” said Anand Dubey, CEO, Indkal Technologies.

The funding will specifically support the expansion of Wobble, which Indkal plans to launch across multiple display categories during the festive period. Contract manufacturer Dixon Technologies will produce the display screens for the brand.

Dubey added that the bridge round was backed by larger cheques from existing investors as well as new participants, reflecting growing confidence in the business and the broader electronics sector. “The bridge will create a significant runway for Wobble. We expect to close the larger round towards the end of this financial year, once the new products have hit the market,” he said.

Wobble will target the Indian market initially, with plans to expand overseas once the brand establishes a foothold. “India’s position as a destination for product R&D, development, and manufacturing has strengthened manyfold. With Wobble, we are well placed to take advantage of this ecosystem and compete globally, not just in India,” Dubey said.

Published on September 16, 2025