Get All Access for $5/mo

Deciwood Raises Seed Funding Of INR 1.5 Crore The funds will be utilized to invest in research and development, acquire new customers and expand its service

By Shrabona Ghosh

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Pexels

Deciwood, the makers of bluetooth speakers, has raised INR 1.5 crore in Seed round led by Shuru up. The other participants in this funding round included Ankit Kedia (founder of Capital-A), Arun Gupta (founder MoMagic), Let'sVenture and India Accelerator. Deciwood will use the new funding to invest in R&D, acquire new customers and expand its service and dealer network.

"We feel that our audio technology has the potential to disrupt the audio industry. This round of investment will aid us in achieving our goal of creating high-quality items and establishing ourselves as a brand," said Ananya Meena the founder of deciwood.

"We are fortunate to have great investors who believe in our long-term mission. With this new round, we are entering the New Year with a new zeal. This new round of funding will help us strengthen our vision to create high quality audio products and further accelerate our product innovations," said Karan Shukla, co-founder of Deciwood.

Staying ahead of the curve, Deciwood offers cutting-edge bluetooth speakers. Deciwood recognises music as a personal experience and offers products that are truly made for the customers. Each product from Deciwood, has the customer's name, logo and even the music motto engraved on its grill. This round of funding comes amid a record burst of new product launches and will help Deciwood to steer to new heights.

Founded in 2019, Deciwood is the only Indian company to offer world-class bluetooth speakers. The company uses its "The Energy Tube' to offer breakthrough products. Deciwood has combined its powerful tech with ancient knowledge. It is well-known for its ability to produce natural sound. Deciwood brings this superior experience in classic wooden bodies that exude a unique aura and deliver unbelievably powerful sound.

Shrabona Ghosh

Correspondent

A journalist with a cosmopolitan mindset. I lead a project called 'Corporate Innovations' wherein I cover corporates across verticals and try to tell stories on innovations. Apart from this, I write industry pieces on FMCGs, auto, aviation, 5G and defense. 
News and Trends

Battery Smart Raises USD 65 Mn in Series B to Boost EV Battery Swapping Network

Orios Venture Partners achieves a 29x return with a strategic partial exit from Delhi-based EV startup, enhancing early-stage investment success.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Money & Finance

Avoid These 10 Mistakes Entrepreneurs Make with Money

Despite the challenging statistic that only 5% of startups survive beyond five years, common financial pitfalls often contribute to their failure. Through personal observation, I've identified the prevalent financial mistakes made by entrepreneurs.

Growing a Business

How Visionary Leaders Transform Curiosity Into Groundbreaking Ideas

Lee Brian Schrager, founder of the South Beach Wine & Food Festival, discusses the spark that launched FoodieCon, his best practices for running popular food events, and why all business owners need to adapt to social media trends.

Thought Leaders

4 Steps You Need to Follow to Make It Through Any Crisis With Your Company Intact

The steps we take before a crisis define our team's future resilience in the face of one. Here's what you need to do to prepare for a crisis of any kind at any time.

Leadership

How His Personal Battle With Cancer Inspired This Founder's Solution for Patient Care

On this episode of "The Founder CEO," Michael O'Neil, founder and CEO of GetWellNetwork, discusses his inspiring journey as a leader and the transformative role of AI in healthcare.