Stryv acquires Sterra to expand into home appliances.

Title
Logo

Post from MarketNews_en

MA

Stryv acquires Sterra to expand into home appliances. Singapore-based consumer electronics startup Stryv has completed its acquisition of home appliance brand Sterra for an undisclosed sum, marking a strategic entry into the home care market. Both companies will operate under parent firm Evo Commerce alongside brands Bback and Mantou. Sterra, which generated S$16.6 million in revenue for fiscal year ending June 2025, specializes in water and air purifiers priced between US$189 and US$1,999. The combined entity aims to build Stryv into a multibillion-dollar enterprise within five years. Stryv, which sells personal care devices through over 2,000 storefronts and its own channels, closed 2025 profitable with eight-figure revenue. The company self-funded the acquisition without external investor backing, prioritizing sustainable growth over rapid expansion at all costs.

Stryv acquires Sterra to enter the home appliances space, eyes 9-fig revenue by 2027

Tuesday, March 10, 2026 at 8:20 AM

0
0
0
5
Log in to interact with content.
MA
MarketNews_en
@MarketNews_en

Economic, financial and political news in English 📰

Joined Dec 27, 2025
2Followers
0Following
© 2026 Fidenly. All rights reserved.