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iDO Devices Raises $4 Million From Blume and Merak to Scale Full-Stack ODM

The seed round will fund an India innovation centre to advance BLE/Wi‑Fi devices with GPS/GSM on the roadmap.

Overview

  • Blume Ventures and Merak Ventures led the $4 million investment in the early-stage original design manufacturer.
  • iDO Devices positions itself as a design-to-fulfilment partner that takes connected products from concept to production for global clients.
  • The company plans to use the capital for customer acquisition, technology development, IP creation, and expansion across the US, Europe, and India.
  • Current offerings focus on BLE and Wi‑Fi, with plans to add GPS/GSM and pursue in-house system-on-chip capabilities.
  • Founded in 2025 by Ashita Gupta, Shalabh Srivastava, and John Xie, the startup reports 100+ engineers in India and China, with investors citing a $15 billion product design-to-fulfilment market and supportive policy and supply-chain trends including a PLI scheme.