Chennai-Based Tan90 Raises ₹20 Crore in Series A Round

Tan90’s funding has gained momentum as the Chennai-based thermal solution startup raised ₹20 crore in its Series A round, according to The Hindu. The round was led by NABVENTURES and saw participation from Blue Ashva Capital, Capital-A and 3i Partners.

Tan90 is a cold chain startup that uses special cooling materials called Phase Change Materials (PCMs) and offers services like Cooling as a Service (CaaS) to help businesses save energy and stay eco-friendly. It supports industries like logistics, healthcare, food, farming, and manufacturing. Some of its customers include Zomato Hyperpure, Swiggy Instamart, and Blinkit.

Soumalya Mukherjee, co-founder of Tan90, said, “We were supported by IIT-M during our initial stage. Then we moved out of campus and set up our own manufacturing unit in Chennai. We have manufacturing units in Chennai (5,000 sq ft), Mumbai (10,000 sq ft) and Delhi. We make PCMs.”

Focus on Energy-Efficient Cooling

Founded in 2019, Tan90 is a startup in Chennai that offers portable and energy-efficient cold storage systems. Its core product uses thermal batteries that replace traditional refrigerants and can maintain specific temperatures for long durations.

The solution is useful for industries like food, pharmaceuticals, and fresh produce that require a controlled cold chain environment. As a sustainable cold chain startup, Tan90’s goal is to reduce energy usage and cut down on carbon emissions across the logistics sector.

A Step Forward in Clean Technology

With funding, Tan90 plans to improve the efficiency of its patented thermal battery technology. The startup is also looking at entering new regions where poor cold chain infrastructure affects supply chains, especially in Southeast Asia and Africa.

Chennai-based cold chain startup has already worked with companies across India and a few international players in the past year. Their technology has helped reduce food spoilage and medicine wastage by enabling better temperature control during transportation.

Mr.Mukherjee also said, “ We are looking at markets like Jaipur, Coimbatore, Mohali and Kochi,” he said. The firm is expanding its footprint in Southeast Asia, the Middle East, and Africa. A part of the funds will be used to develop new product lines tailored for cold chains, HVACs, and data centres.

Supporting Small and Medium Businesses

What sets Tan90 apart is its ability to offer affordable solutions for small and medium businesses that cannot invest in large cold storage setups. Its compact, scalable systems can be used in last-mile deliveries and are ideal for rural areas with limited electricity.

With the latest funding, the thermal startup hopes to support farmers, small vendors, and pharma delivery networks in maintaining product quality while cutting costs.

The Chennai startup is steadily making its mark in the cold chain space. With a strong focus on sustainable practices and energy efficiency, it is expected to become a key player in solving cold chain challenges across developing nations.

The recent Tan90 funding not only validates its business model but also signals rising interest in sustainable tech solutions in the logistics sector.