Consumer Appliance Startup EDT Raises $2.4 Mn To Expand Product Portfolio

Mumbai-based consumer appliance startup EDT has raised $2.4 Mn (over ₹23 Cr) in its pre-Series A round led by existing investor Sauce.vc, with participation from existing angel investors. New investors that joined the round include 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. The startup, which manufactures appliances like air fryers, kettles, dryers, etc, plans to use