Tan90 funding, investors and company details

Tan90 is an emerging Power and Energy startup from Chennai, working in the space of Focuses on eco-friendly thermal energy management. Founded by Soumalya Mukherjee, Rajnikant Rai, Shiv Sharma.

Company: Tan90 Thermal Solutions Private Limited
Sector: Power and Energy
Location: Chennai
Founders: Soumalya Mukherjee, Rajnikant Rai, Shiv Sharma
Total funding raised: ₹36.32 Cr

Company overview

Tan90 Thermal provides clean, scalable cooling solutions by leveraging in-house developed Phase Change Materials (PCMs) and thermal energy storage. They manufacture and export thermal products such as ice gel packs, cold bags, insulated boxes, and portable cold storage units suited to perishables, pharmaceuticals, and logistics. With offerings like Cooling-as-a-Service (CaaS), Tan90 enables businesses to maintain precise temperatures without heavy upfront setup. Their goal is to reduce carbon emissions, improve product safety during transit, and make cold chain infrastructure more accessible.

Funding rounds

Latest round (Series A): ₹20.00 Cr. ($ 2.34 Mn), 2025-05-20. Investors: NABVENTURES, Blue Ashva Capital, Capital A, 3i Partners
Past round (Pre Series A): ₹11.32 Cr. ($ 1.37 Mn), 2023-05-31. Investors: Capital A, 3i Partners
Past round: ₹5.00 Cr. ($ 0.64 Mn), 2022-05-04. Investors: Blue Ashva Capital