NothingFilmmaker and director Karan Johar, cricketer Yuvraj Singh and others had joined as investors as part of a $50 million funding round announced last month, the popular consumer technology brand said on Tuesday. In October, Nothing completed a Series-A $50 million expansion from strategic and private investors. It did not disclose the names of the investors at that time. fashion designer Sabyasachi Mukherjee had also joined as investors, the company said.
Ranvir Alabadia, a digital content creator and entrepreneur and Bollywood And independent musician and singer Jasleen Royal also joined in as a supporter of Nothing Vision.
“The market is overdue for a new player to bring back the passion in consumer tech; One that celebrates artistry and hopes to organize our digital lives into a connected space. We are excited that our new strategic and private investors India “Feel the same and believe in our vision and mission,” Manu Sharma, Vice President and General Manager, Nothing India was quoted as saying by PTI.
He further added, “In 2021, Nothing launched one of the most awaited tech products of the year, Nothing Year (1) and we assure you, this is just the beginning.
So far nothing has raised a total of $74 million. In December last year, the company raised $7 million in seed financing from prominent investors including Tony Fadell (inventor of the iPod), Casey Neistat (YouTuber), Kevin Lin (co-founder of Twitch) and Steve Huffman (CEO of Reddit). . It raised $15 million from GV (formerly Google Ventures) in February this year.
The London-based company, which is backed by Indian entrepreneur Kunal Shah, was founded by Carl Pei, the co-founder of OnePlus. According to research firm Counterpoint, nothing broke among the top-three brands in the premium TWS (Truely Wireless Stereo) segment in its first quarter by capturing seven per cent share in the segment in the September 2021 quarter.
read all breaking news, breaking news And coronavirus news Here. follow us on Facebook, Twitter And Wire,
,