Oben Electric Secures ₹85 Cr Pre-Series B for Massive Expansion & Product Push

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CNBC TV18•19-12-2025, 12:46
Oben Electric Secures ₹85 Cr Pre-Series B for Massive Expansion & Product Push
- •Bengaluru-based Oben Electric raised ₹85 crore in a pre-Series B round, bringing its total funding to ₹285 crore.
- •The capital will drive growth by scaling its distribution network, increasing brand awareness, and accelerating new product developments.
- •Oben Electric aims for ₹100 crore revenue in FY26, COGS break-even by March 2026, and EBITDA break-even by 2027.
- •The company plans to expand to 150 exclusive showrooms by next March and 500 in two years, currently operating 85 showrooms.
- •Oben differentiates through full vertical integration, over 25 patents, and R&D-led design, recently launching the Rorr EZ Sigma.
Why It Matters: Oben Electric secures significant funding to accelerate growth, expand market presence, and achieve profitability targets.
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