What is Tan90?
Founded in 2019 and based in India, Tan90 addresses the critical need for safe, cost-effective, and environmentally friendly transportation of perishable goods. The company offers cold storage solutions tailored for items such as vegetables, fruits, dairy products, meat, and fish. By providing a monitored and secure cold chain, Tan90 aims to reduce spoilage and ensure product quality during transit, positioning itself as a key player in India's growing cold logistics market. Its solutions are designed to be both environmentally conscious and economically viable for businesses.
How much funding has Tan90 raised?
Tan90 has raised a total of $2M across 2 funding rounds:
Other Financing Round
$653K
Other Financing Round
$1.4M
Other Financing Round (2022): $653K with participation from Venkat Nekkanti, Blue Ashva Capital, Shalini Chhabra, and 3Capital Partners
Other Financing Round (2023): $1.4M led by Capital A and Blue Ashva Capital
Key Investors in Tan90
Blue Ashva Capital
Blue Ashva Capital is an investment firm focused on backing sustainable and long-term profitable businesses that address real challenges and create lasting value in key sectors. They provide patient capital and support innovative technologies, aiming to incubate breakthrough companies in areas such as sustainable materials, healthcare, and energy efficiency.
3Capital Partners
Above.com is a marketplace specializing in the auction and sale of domain names. It provides features such as bidding, traffic statistics, and revenue tracking for domains listed for sale. The platform caters to buyers looking to acquire valuable domain names and sellers aiming to monetize their domains through auctions.
Venkat Nekkanti
Undisclosed investor participating in the funding round.
What's next for Tan90?
The recent major strategic investment signals a new phase of expansion and development for Tan90. With a clear focus on scaling its operations and enhancing its technology, the company is poised to further solidify its market presence. This capital will likely be directed towards expanding its fleet, improving its monitoring systems, and potentially entering new geographical markets. Tan90's commitment to innovation in cold chain logistics suggests a strategic push to capture a larger share of the perishable goods transportation market, driven by increasing demand for reliable cold storage solutions.
See full Tan90 company page
