# Proklean Technologies Pvt.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/proklean-technologies-pvt

- Industry: Materials
- Headquarters: Chennai, India
- Website: www.proklean.in
- Total disclosed funding: $5.6M
- Latest round: Series C (Dec 16, 2019)
- Investors on record: 3

## About

Proklean Technologies Pvt. Ltd. focuses on creating innovative Green Chemistry products to reduce hazardous chemical usage across various sectors, promoting environmentally friendly solutions for both industries and households.Proklean Technologies Pvt. Ltd., founded in 2012 and headquartered in Chennai, India, develops sustainable chemical solutions. Founded by Bala Chandrasekhar, the company has conducted 6 deals to date. Its latest funding round occurred on May 19, 2023, during a SERIES D round, raising INR 300 million from Raintree Family Office, bringing the total amount raised to INR 300 million and achieving a current valuation of INR 2836.740 million.Proklean specializes in developing innovative Green Chemistry products aimed at reducing hazardous chemical usage in various industries and households. Their proprietary and patented technology platforms produce a range of non-toxic and biodegradable solutions, targeting sectors such as leather, textiles, pulp and paper, institutional cleaning, water management, home and personal care, and paints and coatings. Proklean's products are distributed across several geographical markets, including North America, Europe, and parts of Asia, effectively serving a diverse client base that includes manufacturers, retailers, and direct consumers.In 2023, Proklean reported revenue of INR 5,120,397.50 with an EBITDA of INR 78,327.70, reflecting their multi-faceted revenue model that includes B2B transactions and direct sales to consumers through partnerships with retailers and wholesalers.In May 2023, Proklean Technologies Pvt. Ltd. raised INR 300 million in SERIES D funding to enhance its research and development, increase its workforce, and expand its market presence. The company plans to enter new markets including Indonesia, the Philippines, Vietnam, Malaysia, and the Gulf region, focusing on strengthening its offerings and delivering sustainable solutions.

## Funding rounds

- Series C, Dec 16, 2019, $2.8M — Siana Capital Management
- Series B, May 3, 2017, $1.7M — The Chennai Angels
- Series A, May 27, 2015, $0.6M — Infuse Ventures
- Angel, May 8, 2012, $0.5M — The Chennai Angels

## Investors

- The Chennai Angels (https://capitalatlas.ai/funds/the-chennai-angels) — Angel, Series B
- Infuse Ventures (https://capitalatlas.ai/funds/infuse-ventures) — Series A
- Siana Capital Management (https://capitalatlas.ai/funds/siana-capital-management) — Series C