About Praan
Praan is a company based in Mumbai (India) founded in 2017. Praan has raised $1.56 million across 3 funding rounds from investors including Paradigm Shift Capital, Maulik Majmudar and Surya Panditi. The company has 1 employees as of April 04, 2024. Praan offers products and services including MK II Air Purification System and HIVE.
- Headquarter Mumbai, India
- Employees 1 as on 04 Apr, 2024
-
Sectors
EnvironmentEnergy & Utilities
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Praan Technologies Private Limited
- Date of Incorporation 22 Sep, 2020
- Jurisdiction Mumbai, Maharashtra, India
-
Annual Revenue
-
Net Profit
-$709.26 (USD)-144.53as on Mar 31, 2023
-
EBITDA
-$673.92 (USD)-135.71as on Mar 31, 2023
-
Total Equity Funding
$1.56 M (USD)
in 3 rounds
-
Latest Funding Round
-
Investors
Paradigm Shift Capital
& 23 more
-
Employee Count
1
as on Apr 04, 2024
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Praan
Praan offers a comprehensive portfolio of products and services, including MK II Air Purification System and HIVE.
The MK II is utilized for purifying air in industrial spaces, with features that enhance compliance and safety through filterless mechanisms.
HIVE is employed to provide a new experience for clean air indoors, addressing pollution exposure in everyday environments.
People of Praan
Unlock access to complete
Unlock access to complete
Funding Insights of Praan
Praan has successfully raised a total of $1.56M across 3 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Last Round
-
First Round
First Round
(12 Jan 2022)
- Investors Count 24
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2024 | Amount | Seed - Praan | Valuation | Paradigm Shift Capital , Thyssenkruppindiafamily | |
| Mar, 2022 | Amount | Seed - Praan | Valuation | Climate Angels , Aera VC | |
| Jan, 2022 | Amount | Seed - Praan | Valuation | Social Impact Capital |
Investors in Praan
Praan has secured backing from 24 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Paradigm Shift Capital, Maulik Majmudar and Surya Panditi.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Potato farming, grain marketing, and equipment services in Maine.
|
Founded Year | Domain | Location | |
|
Climate tech companies are funded via specialized angel networks.
|
Founded Year | Domain | Location | |
|
Aera VC is focused on investing in deep technology and sustainability.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Praan
Financial Statements - Praan
Praan Comparisons
Competitors of Praan
Latest news on Praan
Frequently Asked Questions about Praan
Praan was founded in 2017 and raised its 1st funding round 5 years after it was founded.
Praan is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Praan is a funded company, having raised a total of $1.56M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.56M, raised on Jan 12, 2022.
As of Apr 04, 2024, the latest employee count at Praan is 1.
Praan was founded in 2017 in Mumbai, India, within the manufacturing sector focused on air purification. Filterless systems are produced for industrial settings and indoor environments, targeting improved air quality in factories and enclosed areas. Low maintenance needs, high purification volumes, and reusable components are incorporated into the designs. A distinct product range is provided for residential spaces to mitigate indoor pollution and associated health risks.
Praan offers MK II Air Purification System and HIVE.
Praan has 24 investors. Key investors include Paradigm Shift Capital, Maulik Majmudar, Surya Panditi, Thyssenkruppindiafamily, and Kirloskar Family.