VC Fund Investments
Paradigm Shift Capital backed air-pollution focused startup Praan raises addl funding
Mumbai-based deeptech startup Praan has raised funding from Dhaval Shroff (part of the Special Projects team at Tesla), Vikas Taneja (MD, BCG), the Kirloskar Family, Aaryaman Vir, Riddhima Yadav (Brookfield) and Gaurav Kapur. Existing investors including Paradigm Shift Capital, Maulik Majmudar, Akshat Rajan, Surya Panditi, and Shailesh Bhat also participated in the round.The startup plans to use the new funds to accelerate the deployment technology in key areas, including enhancing production capacity, scaling business operations, and bolstering industrial tech sales in India.Praan was founded in 2017 and specialises in AI-based air pollution solutions, filterless air purification, and an enhanced user experience. It helps mitigate climate change by controlling particulate matter, toxic gases, and carbon emissions, and restoring biodiversity.
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