Lumio Raises $12M Series A Led by Blume Ventures to Expand Premium Smart TVs and Projectors in India

Lumio Secures $12M Series A

Lumio, a Bengaluru-based consumer electronics brand, has raised $12 million in Series A funding. The round was led by Blume Ventures, with participation from Stellaris Venture Partners and 3one4 Capital.

What Lumio Does

Lumio designs premium smart televisions and projectors for the Indian mid-premium and premium segment. The company targets customers frustrated by smart TVs that slow down over time. Lumio operates under the parent company Circuit House Technologies and was founded by ex-Xiaomi and Flipkart executives.

Traction and Distribution

Lumio sells online via Amazon and Flipkart. In its first year, the company built a customer base of over 20,000 buyers, competing with incumbents like LG, Sony and Xiaomi.

Funding Details

• Round type: Series A
• Amount raised: $12,000,000
• Lead investor: Blume Ventures
• Additional investors: Stellaris Venture Partners, 3one4 Capital
• Announcement date: 7 October 2026

What’s Next

With this Series A funding, Lumio is positioned to scale its premium smart TV and projector offerings in India, deepen its presence in the mid-premium and premium segment, and continue competing with established consumer electronics brands. The backing from Blume Ventures, Stellaris Venture Partners and 3one4 Capital provides capital to expand its product lineup and market reach.