# Tan90 Thermal Solutions Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/tan90-thermal-solutions-private

- Industry: Packaging
- Headquarters: Chennai, India
- Website: www.tan90thermal.com
- Total disclosed funding: $2.3M
- Latest round: Series A (May 20, 2025)
- Investors on record: 4

## About

Based in Chennai, India, and founded in 2019 by co-founders Soumalya Mukherjee, Rajani Kant Rai, and Shiv Sharma, Tan90 Thermal Solutions Private Limited offers proprietary energy-efficient passive cooling solutions for transporting perishables, including food and pharmaceuticals. In May 2025, Tan90 Thermal Solutions Private Limited raised INR 200 million in series A funding led by new investor Nabventures, with participation from returning investors Blue Ashva Capital, Capital A, and 3i Partners. The company's product categories include Box90, P90, Bag90, and Evap90, which provide cooling solutions on lease to organizations to freeze the PCM panels, which operate as thermal batteries. Tan90 offers packaging options for biological transportation during a 96–120-hour period to manage your pharmaceutical supply chain. Evap90 is a passive cooling storage unit of 200 kg capacity meant for storing fruits and vegetables at the farm gate. The company will use the May 2025 funding for product development and expand its market reach across Southeast Asia, the Middle East, and Africa.

## Funding rounds

- Series A, May 20, 2025, $2.3M — Nabventures, Blue Ashva Capital, 3i Partners, Capital-A

## Investors

- Nabventures (https://capitalatlas.ai/funds/nabventures) — Series A
- Blue Ashva Capital (https://capitalatlas.ai/funds/blue-ashva-capital) — Series A
- 3i Partners (https://capitalatlas.ai/funds/3i-partners) — Series A
- Capital-A (https://capitalatlas.ai/funds/capital-a-3) — Series A