Nanosafe Secures INR 3.13 Crores in Seed Funding Round Led by IAN Group

Nanosafe Secures INR 3.13 Crores in Seed Funding Round Led by IAN Group

Nanosafe has raised over INR 3 crores in their maiden funding round. The round was led by the IAN Group along with IIM Lucknow Enterprise Incubation Centre (IIML EIC). Nanosafe’s mission is to promote import substitution in niche material science products without compromising on quality. 

The round saw significant contributions from prominent IAN investors, including Mr. Uday Chatterjee, Ms. Sandhya Vasudevan, Mr. Tejinderpal Singh Miglani, and Mr. Romesh Sobti, 

This round will help the company expand its operations in new markets, to drive growth and strengthen its market positioning.

Nanosafe has made significant strides in developing antimicrobial active copper technology for polymers, textiles, and coatings. Unlike existing solutions such as silver and drug-based antimicrobials, Nanosafe's formulations utilize active copper—a micronutrient that is exceptionally safe for food and water applications. These formulations offer comprehensive, broad-spectrum activity against multiple strains of bacteria, viruses, algae, and fungi. This innovation addresses critical hygiene and safety needs in water contact and textile healthcare and apparel applications.

Dr. Anasuya Roy, CEO of Nanosafe, added, "Our vision is to become leaders in material science technology, and our antimicrobial technology is just the tip of the iceberg."

Nanosafe’s  copper infused polymer granules, has already achieved commercial success in the water tank manufacturing industry, securing clients such as Astral Tanks, P4 Water Tanks, and Supreme Water Tanks. The company aims to establish its technology across five key market segments: water, textiles, automotive, construction, and foam.

Padmaja Ruparel, Co-Founder of IAN Group, said, "We believe in their vision and are confident that their cutting-edge technology will set new standards in the material sciences sector. IAN is excited with the increasing demand for high quality antimicrobial products and with its investment, seeks to fuel the growth of the company 

“We are delighted to back Nanosafe, a cutting-edge innovation that has emerged from research done at IIT Delhi. Nanosafe technology is helping solve water quality and water-borne microbes, which is a huge problem in India. The founders' passion and dedication to research are truly inspiring, and we believe Nanosafe will make a significant impact says Mr. Tejinderpal Miglani, a lead investor in Nanosafe. 

Nanosafe is poised to capture significant national / global market share in antimicrobial coatings, textiles, and plastics, industries collectively valued at approximately $64 billion. The antimicrobial plastics additive segment, where Nanosafe has built its primary presence, is the largest by value and is anticipated to witness substantial growth. Additionally, the powder coating segment is forecasted to grow at a CAGR of 12.5%, highlighting a promising future for Nanosafe’s innovative solutions.

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