Cold chain solutions co. Tan90 raises Rs 11-Cr

Chennai-based Tan90, a cold chain solutions company, has raised INR 11.32 crore in a pre-Series A investment round co-led by Blue Ashva Capital and Capital A, with participation from 3i Partners and a clutch of angel investors based out of Singapore, the Middle East, and India. The funds will be used to expand in Southeast Asia. Founded in January 2019 by Soumalya Mukherjee, Rajani Kant Rai, and Shiv Sharma, Tan90 plans to launch a "Cooling as a Service" model where it offers cooling solutions on lease to businesses.