Lumio eyes Series A round after $4 million seed funding

New Delhi: Emerging home entertainment company Lumio started by former Xiaomi and Flipkart employees is looking to raise a series A round after raising a seed round of $4 million as it looks to expand its portfolio into more premium categories in India, co-founder Raghu Reddy told ET.

“I think eventually we have to (raise funds), with a series A maybe on the horizon,” Reddy said.