Keus Smart Home, a startup specializing in smart home automation, has successfully secured Rs 100 crore ($12 million) in its first external funding round, with OAKS Asset Management leading the investment. OAKS Consumer Fund contributed Rs 80 crore, while the remaining funds were provided by the company’s co-founders, Brijesh Chandwani and Subram Kapoor. Founded by Brijesh Chandwani and Subram Kapoor, Keus prioritizes design thinking and deep innovation, coupled with a commitment to operational excellence and superior customer service.
With this significant injection of capital, Keus is set to establish new experience centers across key Indian cities such as Delhi NCR, Bengaluru, Pune, and Mumbai. Additionally, the company aims to expand its footprint in Tier I and II cities.
Brijesh Chandwani, Managing Director and Founder of Keus Smart Home said, “We are clearly witnessing a rising tide in the Smart Home landscape in India. We are excited about this partnership with OAKS and committed to pioneering innovation, expanding our business horizons and putting India on the global map in the smart home space..’
The strategic expansion initiative is geared towards strengthening Keus’s position in the premium homes segment and introducing a range of new products in the areas of home automation and lighting, in line with the company’s vision and objectives.