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iDO Devices Raises $4 Million From Blume and Merak to Scale India-Based ODM Platform

The early-stage capital backs a push to build end-to-end design-to-delivery capability in India.

Overview

  • The company said it will set up an innovation centre in India and accelerate R&D, IP creation, customer acquisition and geographic expansion.
  • iDO currently develops Bluetooth Low Energy and Wi‑Fi products and plans to add GPS and GSM features in upcoming projects.
  • Leadership outlined longer-term ambitions to design custom system-on-chips as it deepens work across hardware, firmware and systems software.
  • The startup is targeting global consumer electronics and enterprise tech clients across the United States, Europe and India.
  • iDO reports a team of 100-plus engineers in India and China, while lead backers Blume Ventures and Merak Ventures highlighted India’s growing product design-to-fulfilment opportunity, citing a projected $15 billion market size.