As reported by Jack Ellis in Tech in Asia (found here):

Zimplistic, the company behind smart flatbread maker Rotimatic, today announced it made US$20 million in revenue during its first 12 months of sales. The Singapore-based startup has also launched its product in four new markets – Australia, Canada, New Zealand, and the UK – and is seeking investors for its series C fundraise, with the aim of expanding to India and the Middle East next year. It is rare to see Singapore startups like Zimplistic build a hardware product, let alone achieve a sizable revenue figure and reach the series C stage. It previously raised a total of US$20 million across its series A and B rounds from investors including NSI Ventures and Robert Bosch Venture Capital, the VC arm of German electronics giant Bosch.

In the eight years that have passed since Nagarkar first came up with the concept, Zimplistic has grown into a company of more than 120 employees. It holds 37 patents on the technology that makes Rotimatic tick. It has also focused on product development around its core offering. A mobile app is in the works which will allow users to switch on and control their Rotimatic while away from home, meaning they can have freshly cooked roti ready upon returning from work. The company is also working on firmware updates for the machine so that it can tackle other types of flatbreads, such as Mexican tortilla and pizza bases, as well as gluten-free options.

Zimplistic said in its statement that Rotimatic has more than 20,000 users worldwide who have made over ​8 million ​roti using the machine to date.