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.
Traction
Lumio crossed ₹100 crore in gross merchandise value within 13 months of commercial sales, and GMV more than tripled year on year from April to August 2026. Lumio products are now in over 35,000 households across 5,000+ pin codes.
In October 2026 Lumio raised a $12M Series A led by Blume Ventures, with existing investors Stellaris Venture Partners and 3one4 Capital participating. This followed a $4.3M seed round in July 2024. In its first two months on sale, Lumio had crossed $1 million in GMV.
Read the full story: Building Lumio: My Journey from Xiaomi to India's Next Smart TV Revolution