iDO Devices raises $4 mn from Blume, Merak to boost product vision
iDO Devices Private Limited has raised USD 4 million (≈₹34 crore) in a funding round led by Blume Ventures and Merak Ventures. The investment will support innovation in BLE, Wi-Fi, GPS, and GSM-enabled products, strengthen design-to-delivery capabilities, accelerate technology development, IP creation, and expand customer acquisition, positioning India in the $15 billion global market opportunity.