A91 Partners cashes out ₹445 crore from Atomberg ahead of IPO
What's the deal? A91Dealroom has a profile for this one. Try Dealroom → Partners has sold Atomberg Technologies shares worth around INR 445 crore, according to the consumer appliances startup's draft red herring prospectus (DRHP), filed ahead of a proposed IPO. A91 had invested roughly INR 143 crore in the company — about INR 118 crore as primary capital and INR 25 crore through secondary purchases.
Why now? The sale is disclosed in the DRHP as Atomberg prepares to go public. The company has proposed an INR 450 crore fresh issue as part of the offering.
The numbers: Atomberg reported INR 1,293.77 crore in revenue from operations in FY26, up 34.8% from INR 959.51 crore in FY25. Its net loss stood at INR 149 crore for the year.
What's the endgame? Despite the stake sale, A91 remains Atomberg's largest shareholder with a 21.02% stake. Its ties date to 2019, when it led the Series A round; it also joined the Series B in 2020.
The signal: A91 is not alone in cashing out early. Atomberg's early investors, founders, and other shareholders have sold shares worth around INR 683 crore through secondary transactions since 2019 — Parampara Early-Stage Opportunities FundDealroom has a profile for this one. Try Dealroom → sold roughly INR 116 crore, while co-founders Manoj Meena and Sibabrata Das trimmed their holdings too.
Read more: india.entrepreneur.com
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