About Proklean Technologies
Proklean Technologies is a company based in Chennai (India) founded in 2012 by Bala Chandrashekar, Vishwadeep Kuila, and Sivaram Pillai.. Proklean Technologies has raised $9.81 million across 8 funding rounds from investors including The Chennai Angels, Caspian Debt and Brandmidas. The company has 153 employees as of April 08, 2024. Proklean Technologies operates in a competitive market with competitors including LanzaTech, Evonik, Again, Manus Bio and Calyxia, among others.
- Headquarter Chennai, India
- Employees 153 as on 08 Apr, 2024
- Founders Bala Chandrashekar, Vishwadeep Kuila, Sivaram Pillai
- Stage Minicorn
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Sectors
Chemicals & Materials
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Proklean Technologies Private Limited
- Date of Incorporation 03 Feb, 2012
- Jurisdiction Kanchipuram, Tamil Nadu, India
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Annual Revenue
$6.3 M (USD)28.31as on Mar 31, 2024
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Net Profit
$180.22 K (USD)168.88as on Mar 31, 2024
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EBITDA
$343.74 K (USD)238.61as on Mar 31, 2024
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Total Equity Funding
$9.81 M (USD)
in 8 rounds
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Latest Funding Round
$4 M (USD), Series A
May 19, 2023
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Investors
The Chennai Angels
& 51 more
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Employee Count
153
as on Apr 08, 2024
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Funding Insights of Proklean Technologies
Proklean Technologies has successfully raised a total of $9.81M across 8 strategic funding rounds. The most recent funding activity was a Series A round of $4 million completed in May 2023. 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 8
- Last Round Series A — $4.0M
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First Round
First Round
(30 Mar 2012)
- Investors Count 52
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2023 | Amount | Series A - Proklean Technologies | Valuation | Raintree |
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| Jan, 2022 | Amount | Debt – Venture - Proklean Technologies | Valuation |
investors |
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| Oct, 2020 | Amount | Seed - Proklean Technologies | Valuation | Siana Capital |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Proklean Technologies
Proklean Technologies has secured backing from 52 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include The Chennai Angels, Caspian Debt and Brandmidas. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Wealth and investments are managed for Leena Dandekar by Raintree.
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Founded Year | Domain | Location | |
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Provision of customized debt financing to impact-driven companies in key sectors.
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Founded Year | Domain | Location | |
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Venture fund management focusing on deep tech and science investments in India.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Proklean Technologies
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Proklean Technologies
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Proklean Technologies Comparisons
Competitors of Proklean Technologies
Proklean Technologies operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as LanzaTech, Evonik, Again, Manus Bio and Calyxia, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Waste carbon is treated via a bio-processing platform.
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| domain | founded_year | HQ Location |
Green specialty chemicals are developed and supplied for multiple industries.
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| domain | founded_year | HQ Location |
Chemicals and fertilizers are produced from industrial CO2 waste.
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| domain | founded_year | HQ Location |
Phytochemicals are developed using microbial fermentation processes.
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| domain | founded_year | HQ Location |
Green chemicals are developed using microcapsule technology for sustainability.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Proklean Technologies
Frequently Asked Questions about Proklean Technologies
When was Proklean Technologies founded?
Proklean Technologies was founded in 2012.
Where is Proklean Technologies located?
Proklean Technologies is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Who is the current CEO of Proklean Technologies?
Karthikeyan k s is the current CEO of Proklean Technologies.
Is Proklean Technologies a funded company?
Proklean Technologies is a funded company, having raised a total of $9.81M across 8 funding rounds to date. The company's 1st funding round was a Seed of $1.37M, raised on Mar 30, 2012.
How many employees does Proklean Technologies have?
As of Apr 08, 2024, the latest employee count at Proklean Technologies is 153.
What is the annual revenue of Proklean Technologies?
Annual revenue of Proklean Technologies is $6.3M as on Mar 31, 2024.
What does Proklean Technologies do?
The company was founded in 2012 in Chennai, India, and operates in the cleaning products sector. Probiotic technology is utilized to produce chemical replacement agents for industries such as leather processing, textile processing, and hospitality. A license from SCD Probiotics has been obtained to manufacture and market these products, which are designed for various applications in these fields.
Who are the top competitors of Proklean Technologies?
Proklean Technologies's top competitors include Manus Bio, LanzaTech and Mint Innovation.
Who are Proklean Technologies's investors?
Proklean Technologies has 52 investors. Key investors include The Chennai Angels, Caspian Debt, Brandmidas, SCD Probiotics, and Siana Capital.
What is Proklean Technologies's valuation?
The valuation of Proklean Technologies is $31.37M as of May 2023.
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