Ex-Dyson India head launches Foundry with ₹12 Cr
By Abha Lohia ·
Foundry: funding and every story →
- Foundry is a Gurugram consumer technology startup building premium home appliances, launched by Ankit Jain, a former Dyson India managing director
- It raised ₹12 crore in a round led by Beenext and Kettleborough VC, with several founders joining as angels
- The money will fund its own technology for a first line of kitchen appliances, planned for the second half of 2027
What happened
- Foundry raised ₹12 crore.
- Beenext and Kettleborough VC led the round.
- First kitchen appliances are due in late 2027.
Why it matters
- It is a hardware bet by a former Dyson India chief.
The business
- Builds premium home appliances.
- Based in Gurugram.
- Will develop proprietary technology.
The founders
AJ
Ankit Jain
Founder- Former managing director, Dyson India
Who put in money
- Beenext Lead
- Kettleborough VC Lead
- Rishubh Satiya Angel — Plix
- Anindita Sampath Angel — Yogabar
- Anita Pramoda Angel — Owned Outcomes
What happens next
- Kitchen range launch in second half of 2027.
Terms in this story
- Startup: A startup is a young company built to find a new way of doing something and to grow fast, usually by serving many customers at low extra cost. India's government also has a narrower legal definition that decides who gets scheme benefits.
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