Yoga Clean Air Raises $2.28 Million in Series A Funding
Yoga Clean Air, a Gurugram-based cleantech startup, has secured $2.28 million (Rs 20 crore) in a Series A funding round led by Info Edge Ventures. The round also saw participation from notable investors including Deepinder Goyal, Akshant Goyal, and Three Words Capital.
Improving Indoor Air Quality
Yoga Clean Air is focused on enhancing indoor air quality through its innovative systems. The company develops solutions for homes, offices, classrooms, hospitals, and gyms, aiming to ensure that clean air is accessible to all. Their flagship product, Clean Air Bubble, filters outdoor air before it enters indoor spaces, maintaining lower levels of particulate pollution and carbon dioxide.
Strategic Use of Funds
The newly acquired funds will be utilized to expand Yoga Clean Air's operations across India. According to Sachin Panwar, Founder and CEO, the company plans to strengthen its presence in existing markets while also venturing into additional Tier-I and Tier-II cities. "We are targeting Rs 100 crore in revenue this year as we expand beyond our current footprint," Panwar stated.
Expanding Reach and Impact
Yoga Clean Air has already established over 5,000 installations, including in major cities like Delhi, Mumbai, and Bengaluru, as well as public transport settings. The company continues to innovate in the field of air quality, driven by the belief that clean air is a fundamental right.
Leadership and Vision
Founded by Sachin Panwar, who serves as CEO, and co-founder Gaurav Nagar, Yoga Clean Air traces its roots back to 2010 when Panwar began developing indoor air quality technology. The startup was formally incorporated in 2019, and it has since grown its operations significantly.
With this latest funding, Yoga Clean Air is poised to make a significant impact on indoor air quality across India, fulfilling its mission to provide healthier air for all.