Thursday, 8 October 2026
Venture Intelligence News

Private Equity PE-VC Fund Investments

Home air-conditioners seller Helium Smart Air raises $2-M led by India Quotient

Source Inc42 (opens in a new tab)

Jaipur-based Helium Smart Air has raised USD 2 Mn (about INR 19 crore) in a seed funding round led by India Quotient.Founded in 2025 by IIT Kanpur alumni Ashish Sharma and Aman Munka, Helium Smart Air sells affordable and space-efficient air-conditioners for residential purposes. The company has partnered with IIT Kanpur to develop smart cooling technology aimed at low operating costs and optimal energy consumption, which will also incorporate gas leakage detection and device health analytics.The fresh funds will be used to accelerate product development, expand distribution networks, and invest in research and development initiatives.

Company website ↗ (opens in a new tab)