25th April 2024 – A seed fundraising round headed by All in Capital, Titan Capital, and Rainmatter has received $1.07 million (INR 8.93 Cr) for KARBAN Envirotech, a firm that manufactures energy-efficient electrical products. Urban Company, JK Family Office, and a number of well-known investors, such as Anupam Mittal, Kunal Shah, Natasha Malpani Oswal, and others, also participated in the round.
The firm intends to use the additional funds to promote innovation and the creation of new products, build team members, and accelerate its expansion. KARBAN was established in 2021 by Tanya Goyal and Karan Bansal with the goal of producing sustainable and energy-efficient airflow appliances to lower power costs and save energy.
Large e-commerce platforms and the company’s website comprise its distribution network.” While India witnesses a splurging demand for air purifiers, a separate unit plugged in one corner of the room is inefficient, and air purification solutions have seen little innovation,” said Kushal Bhagia, founder of All In Capital.
Conclusion:
The 2024 substitute for ceiling fans and air purifiers is Karban’s Airline. This 3-in-1 air purification system combines a ceiling fan and light, offering customers an incredible value proposition.
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