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Mumbai-based consumer lighting startup Corvi LED Light has raised $8 Mn (INR 65.6 Cr) as a part of its Series B funding round from Enam Investments

The company will use the fresh funds to expand into newer markets, strengthen its distribution network and diversify its product portfolio. Further the proceeds will be used to scale up operations and invest in marketing and distribution to strengthen the company's market presence in B2C and B2B segments.

Founded by Vimal J Soni, Corvi LED claims to have disrupted the LED industry with innovations that have redefined the category. The company holds over 100 patents and registrations and has exported to 24 countries across Europe, the Middle East, Africa and South-East Asia.

Corvi LED $8 million funding Enam Investments Series B funding lighting product design Startup Funding Indian startup ecosystem innovation in lighting LED technology design and development sustainability and user experience entrepreneurial success Business Growth market expansion