Lumio, under Circuit House Technologies, was founded in March 2024 by Raghu Reddy and Kailash Sankaranarayanan. The vision: create smart TVs that don't just match the competition but fundamentally outperform them.
The Indian Smart TV market is valued at $5 billion and is set to expand at a steady 13% CAGR over the next three to four years. Lumio is positioned to lead this revolution with TVs that are 2x faster than leading competitors.
Product Lineup
- Lumio Vision 9 - QD-Mini LED TV (55-inch, 900 nits brightness)
- Lumio Vision 7 - QLED Series (43, 50, 55-inch)
- Lumio Vision Arc 5 - Home Projector
- Lumio Vision Arc 7 - Home Projector
All products are powered by the proprietary Flagship Boss Processor with 3GB RAM, delivering 2x faster app loading and rebooting compared to Sony and other leading TVs.
Early Traction
Within just two months of launch, Lumio crossed $1 million in gross merchandise value. The $4.3M seed round, led by Stellaris Venture Partners and 3one4 Capital, is fueling rapid expansion.
Read the full story: Building Lumio: My Journey from Xiaomi to India's Next Smart TV Revolution