We are pleased to share that Argus Partners advised iDO Devices Private Limited, a full-stack tech product ODM (original design manufacturer), and its promoters, Shalabh Srivastava and Ashita Gupta, on its fundraise led by Blume Ventures and Merak Ventures.

This investment will strengthen iDO Devices’ mission to establish a comprehensive, integrated design and product delivery ecosystem, supported by an innovation centre in India. The company’s strategic focus is on serving global consumer electronics and enterprise technology clients across the US, Europe, and India. Currently specializing in products enabled with BLE and Wi-Fi capabilities, iDO Devices also plans to incorporate GPS and GSM technologies in its future offerings. With over 100 engineers in India and China, supported by global partners, iDO Devices aims to advance its single window fulfilment vision and strengthen India's presence in global product innovation.

Commenting on the fundraise, Shalabh Srivastava, Founder and CEO of iDO Devices, stated, “What we are trying to create at iDO is a set of capabilities ranging from chipset design through hardware layout, firmware, and systems software, which, along with investment and control of critical component technologies, will position iDO as a Global leader in tech product design across technology segments. We are executing on BLE and Wi-Fi and expect to deepen these technologies by designing our own SoCs as we build vertical product volumes in these technologies,".

The team at Argus Partners advising iDO Devices consisted of Jitendra Soni (Partner), Sadia Akhter (Senior Associate), Abhirami Retheev, and Samia Haider (Associates).