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Clairco raises Rs 4.2 crore in agnle funding round

Bengaluru: Clairco, a clean-technology startup that focuses on addressing indoor air pollution, has raised Rs 4.2 crore (around $572,050) in an angel funding round.

The round in Bengaluru-based Clairco has been led by Bajaj Capital joint chairman and managing director Sanjiv Bajaj at Anicut Angel Fund, the startup said in a statement. Other investments by Anicut Angel Fund include those in Swipez, and Deepsync Technologies.

Other participants in the round included the Max Group and AngelList.

Clairco, operated by Aliferous Technologies Pvt Ltd, was set up in 2018 by Aayush Jha and Uday Banerjee. The company says it operates a patent-pending system of air purification, for which it charges a monthly fee.

The startup says it has so far partnered with clients including Brigade, WeWork, Emaar, Brookfield, Capita Land, and Max Group. It will use the capital it has raised for product development, growth, hiring, and expanding to West Asia.

Source
VCCiRCLE

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