Tan90 to expand its reach in thermal management with Rs 5 crore funding
Tan90 has secured Rs 5 crore in a pre-Series A funding round led by Blue Ashva Capital. Among other things, Tan90 aims to expand its reach in India and South East Asia, the startup will use the money to expand its reach in the field of thermal management. Tan90, a startup that provides innovative thermal management solutions to enterprises, has secured Rs 5 crore in pre-Series A investment led by Blue Ashva Capital. 3i Partners and angel investors Shalini Chhabra and Venkat Nekkanti also participated in the round. Tan90 intends to use this second amount of investment to extend its footprint in India and South East Asia, improve supply chains for existing clients across India, expand product offerings, and invest in R&D of technologies focused at sustainable and green methods to thermal management across sectors. Tan90 will focus on industrial cooling and space cooling in the next months, in addition to decreasing the carbon footprint of the cold chain system. Tan90 h...