India, Sept. 16 -- A year after raising its maiden funding round of $36 Mn, consumer electronics and home appliances startup Indkal Technologies has secured $20 Mn (about INR 176 Cr) in a round led by existing investors.

While the startup did not disclose the names of the investors, last year's round was led by Mauritius-based Aries Opportunities Fund.

Sources told Inc42 that Aries Opportunities Fund participated in the latest round as well. While 70% of the funding in the new round came from existing investors, new investors accounted for 30%.

The $20 Mn fund infusion is part of a larger $100 Mn round, which the startup expects to close by March 2026. It is in early discussions with domestic and international investors for the round, ...