The laptop manufacturer Primebook has obtained pre-Series A funding in the amount of $2 million (approximately INR 17 crore) through a combination of equity and debt infusion.
In addition to high-net-worth individual (HNI) investors, such as Rikant Pittie, cofounder of EaseMyTrip, and Bhavesh Gupta, former president and chief operating officer of Paytm, the round was attended by Inflection Point Ventures, Auxano Capital, and nexG Devices.
The venture intends to allocate the additional capital towards product innovation and research and development.
Additionally, the startup is considering the expansion of institutional sales channels and the improvement of its after-sales service infrastructure.
“This investment allows us to allocate additional resources to product development, expand our operations, and reach millions of additional households in India.” Chitranshu Mahant, Primebook’s cofounder and CEO, stated, “Primebook is on its way to becoming the preferred brand for students, professionals, and families, thanks to our proprietary blend of affordable innovation and advanced technology.”
Primebook, a laptop brand that is produced in India and is cost-effective, was established in 2018 by Mahant and Aman Verma. All ages of students and learners, as well as light laptop users, can benefit from its design. Additionally, the founders established PrimeOS, an Android operating system for personal computers, in order to develop a laptop that effectively accommodates the requirements of students.
The venture has previously secured INR 8.5 Cr in equity and INR 8 Cr in debt from a select group of investors, including INR 75 Lakh from Shark Tank India (Season 2).
The company sold over 35,000 laptops between June 2023 and 2024, with prices ranging from INR 11,000 to INR 16,990, on its website and on major online marketplaces such as Amazon and Flipkart.
 through a combination of equity and debt infusion.){kind=link}