Thermal management startup, Tan90 raises Rs 5 crore in funding led by Blue Ashva Capital

With this latest round of funding, Tan90 aims to expand its reach in India and South East Asia, optimize supply chains for present clients pan-India, increase product offerings and invest in R&D of products aimed at sustainable and green approaches for thermal management across industries. Apart from focussing on reducing the carbon footprint of the cold chain system, Tan90 will be working on industrial cooling and space cooling as well in the next few months.

Based on their propriety cooling technologies, Tan90 has been catering to food industries, pharmaceutical, and diagnostics industries and aims to reach out to thermal management of batteries, industrial cooling, and space cooling as well in the future. Tan90 solutions were showcased in the recently concluded COP26, demonstrating the potential for 1.5 degrees centigrade compatibility, and the capability to reduce 6.6 MtCO2 emissions per year by 2030.

Soumalya Mukherjee, cofounder of Tan90 said, “Post the lockdown due to Covid19, the importance of cold chain has had been underlined with the supply chain of all perishables. Businesses are focussing on entering Tier-II cities, but are often impaired by the lack of cost-effective cold chain infrastructure. This further establishes our offerings of cost-effective and energy-efficient cold chain solutions. With our offerings, we provide businesses the flexibility to use any logistics service to transport perishables, which is essential for expanding to Tier-II cities.”

Tan90 solutions have been recognized by energy bodies like the Bureau of Energy Efficiency, India, United Nations Industrial Development Organization (UNIDO), Department of Biotechnology, Department of Science and Technology, and Government of India.

Satya Bansal, founder of Blue Ashva Capital said “Solving for cold chain is a key part of solving last mile logistics, improving end product quality and reducing waste at scale. Therefore, we’re incredibly excited to work with the Tan90 team to deliver energy efficient cold chain solutions that can perform across a wide temperature range and maintain temperature for extended durations.”

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