Launch · Commerce & Consumer Brands

Atomberg expands into B2B components, plans IPO

By Startup Enthusiast · 18 March 2026

What they do

Atomberg launched a B2B component unit, investing ₹150-200 crore in a new Pune plant

The company is preparing for an IPO and aims to cut import reliance

It claims over 50% share in India's BLDC fan segment

Atomberg expanded into B2B component manufacturing through its subsidiary Atomberg Innovation Private Limited.
It unveiled India's first indigenously designed AC rotary compressor at ACREX 2026 in Mumbai.
The company invested ₹150-200 crore in a new manufacturing facility in Pune.
The facility spans 1.5 to 2 lakh sq ft and is funded through debt and PLI scheme incentives.
The new plant has an annual capacity of about 5 million motors and electronic modules.
Atomberg is supplying BLDC motors and controllers to Godrej Appliances and Voltas.
It signed a deal to deploy motor technology for drones and tied up with two European companies for industrial AC motors.
The company is preparing for an IPO, with plans to raise ₹40 crore at a $600 million valuation ahead of it.

The B2B expansion targets sectors like HVAC, automotive, and defence, reducing import reliance.
Motors, controllers, and compressors make up about 50% of the bill of materials in products like ACs.
Industry estimates suggest 30 million ACs could be manufactured in India annually by 2030.
The company is preparing for a public listing by 2027.
This move comes as Atomberg's consumer business grows, with non-fan appliances contributing 7-10% of revenue.

Atomberg makes energy-efficient BLDC fans, mixer grinders, water purifiers, smart locks, and video doorbells.
It sells products through its website and e-commerce platforms, with plans for offline retail expansion.
BLDC fans account for about 20% of India's ceiling fan market, with Atomberg claiming over 50% share in the BLDC segment.
Its fans consume about 28 watts versus 75-80 watts for traditional fans, saving ~65% energy.
The company sells 30% of its fans online and 70% through 45,000+ offline stores.
FY25 operating revenue was ₹958.4 crore, up from ₹797 crore in FY24.
FY25 net loss narrowed to ₹117.4 crore from ₹199 crore in FY24.
It operates an 85,000 sq ft consumer electronics plant and an 85,000 sq ft R&D centre in Pune with 300+ engineers.
Atomberg Innovation acts as an end-to-end ODM partner, with product lifecycle from concept to production in as little as 3 months.

The company plans to raise ₹40 crore (~$4.8 million) via primary and secondary transactions at a $600 million valuation ahead of the IPO.
It is in discussions with investment bankers for the IPO.
The IPO is expected this year or by 2027, with a size of about ₹2,000 crore (~$220 million).
New consumer products will be launched via e-commerce first, then expanded to offline retail.

Product: consumer appliances startup
Customers: Households and commercial buyers looking for energy-efficient cooling and home appliances
How it makes money: Designs, manufactures, and sells consumer home appliances via retail stores and online channels
What sets it apart: In-house BLDC motor and electronics engineering that reduces ceiling fan power consumption