Keus, a pioneering wireless smart home automation company operating at the intersection of sleek and modern design, bleeding edge technology and luxury living has raised Rs 100 Crore in External Funding Round led by Oaks Consumer Fund.
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The Oaks Consumer Fund invested Rs 80 crore of the 100 crore funds, with the remaining amounts coming from Brijesh Chandwani and Subram Kapoor.
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The Keus plans to use the capital to grow into tier I and II cities, establish new experience centers in important cities like Delhi NCR, Bangalore, Pune, and Mumbai, and strengthen its market leadership in Hyderabad. Additionally, new product solutions in lighting and home automation will be developed with the money received, and the brand will be strategically positioned in the luxury homes category.
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Vishal Ootam, Founder and CEO of Oaks Asset Management says, “We are pleased to lead the funding round for Keus Smart Home and support their vision of transforming the home automation landscape in India. We love Keus’ commitment to design thinking and their DNA of constant innovation and are confident that this will position them as the bellwether in this space. We look forward to being a part of their continued success.”
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“The positive development has come at an appropriate time when this sunrise industry is seeing a surge in demand for smart home automation solutions with modern designs and cutting-edge technology. Keus has so far closely collaborated with the architects and interior designer community in Hyderabad to deploy its advanced smart home system in over 1,500 premium and luxury residences,” Keus said in a statement.
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About Keus
Founded in 2017, Keus is pioneering a new normal in India, delivering smart homes that are as sleek as they are intelligent. It already reimagined over 1500 luxury homes in Hyderabad alone, fast-tracking our way to becoming India’s go-to smart home solution for premium living. Keus is an innovation-first ecosystem whose singular mandate is to enhance the living experience of current and future homes, through the use of design-centric thinking and cutting edge technology.
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