EDT raises $2.4 million in pre-Series A round led by Sauce.vc
Mumbai-based consumer appliance startup EDT has raised $2.4 million in a pre-Series A round led by Sauce.vc. Inc42 reports the company plans to use the funding for festive-season inventory, new launches, retail expansion and R&D.
TLDR
Mumbai-based consumer appliance startup EDT has raised $2.4 million in a pre-Series A round led by existing investor Sauce.vc, with participation from existing angel investors and new backers including venture debt firm Alteria Capital, Nicobar cofounder Raul Rai, Atomberg founders Shibam Das and Arindam Paul, Delhivery COO Ajith Pai, and Samsonite SA CBO Anushree Tainwala. Inc42 reports EDT plans to use the funding to build inventory ahead of the festive season, launch products across home, kitchen and personal care, expand across D2C, marketplaces and offline retail, and strengthen R&D. Inc42 also reports that EDT, founded in 2025 by Naiyya Saggi and Vyasateja Rao, is expanding into beauty tech with its ₹8,999 SUKI hairdryer.
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