Cooling solutions provider Tan90 has raised about $1.37 million (Rs 11.32 crore) in its pre-Series A funding 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 funding will help the startup expand overseas with a particular focus on Southeast Asia, it said in a statement. Tan90 is also planning to enter tier-2 cities in India to cash in on the growing demand for cold chain solutions in the interior parts of the country.