Advertisement
Sunday, Sep 26, 2021
Outlook.com
Outlook.com

Devic Earth raises Rs 10 cr from Blue Ashva Capital

Devic Earth raises Rs 10 cr from Blue Ashva Capital
outlookindia.com
1970-01-01T05:30:00+0530
Mumbai, Jan 5 (PTI) Green technology company Devic Earth on Tuesday said it has raised Rs 10 crore from Blue Ashva Capital in a funding round.

For Bengaluru-based Devic Earth, this is the first institutional funding, and the money will be use to expedite its growth, product development and expansion into global markets.

The investment is through the Blue Ashva Sampada Fund, the green tech firm said in a statement on Tuesday.

Devic Earth was founded in 2018 by cardiologist Srikanth Sola, to help eliminate various health and environmental disorders originating air, water, or soil pollution.

Its offering ''Pure Skies'' is an advanced and user-friendly solution to improve ambient air quality and comes with an intelligent Wi-Fi based technology to handle airborne gaseous and particle pollutants across industries, homes, and cities.

Devic Earth''s ability to solve air pollution at scale for cities and large outdoor areas, factories and industries would find application globally, Blue Ashva Capital founder Satya Bansal said.

Blue Ashva Capital backs sustainable and profitable businesses that help solve challenges in farming, decarbonisation, circular economy and small businesses with offices in India and Singapore. PTI BEN HRS


Disclaimer :- This story has not been edited by Outlook staff and is auto-generated from news agency feeds. Source: PTI

More from Website

KL Rahul Hails Bowlers After Punjab Kings' Thrilling Win Over Sunrisers Hyderabad In IPL 2021

KL Rahul Hails Bowlers After Punjab Kings' Thrilling Win Over Sunrisers Hyderabad In IPL 2021

Sent in to bat, Punjab could manage 125 for 7 but the bowlers produced a clinical performance to restrict Hyderabad to 120 for 7 and keep their IPL play-off hopes alive.

IPL 2021, SRH Vs PBKS: Bowlers Set Up Punjab Kings' Thrilling Win Over Sunrisers Hyderabad

IPL 2021, SRH Vs PBKS: Bowlers Set Up Punjab Kings' Thrilling Win Over Sunrisers Hyderabad

Defending 125/7, Punjab Kings restricted Sunrisers Hyderabad to 120/7 to register a five-run win in the 37th match of IPL 2021.

La Liga: Last-place Alaves Stun Holders Atletico Madrid

La Liga: Last-place Alaves Stun Holders Atletico Madrid

Atletico stayed in second place, two points behind Real Madrid, which hosts Villarreal later Saturday.

More from Outlook Magazine

Out Of Tune: Indie Musicians Seek Protection From Heckling And Abuse At Gigs

Out Of Tune: Indie Musicians Seek Protection From Heckling And Abuse At Gigs

Performers’ safety can only be ensured through street cred and holding organisers accountable.

Smoke And Mirrors: Smog Towers To Clean Up Dirty Air Is A Polluted Idea

Smoke And Mirrors: Smog Towers To Clean Up Dirty Air Is A Polluted Idea

The concept of vacuuming air in the open is not a practical solution to combat air pollution.

Sentry Duty On High Seas: Any Move To Contain China Is Welcome

Sentry Duty On High Seas: Any Move To Contain China Is Welcome

China, Afghanistan and the Quad are the pressing issues that form the backdrop of PM Modi’s first in-person meeting with Joe Biden

Advertisement

Outlook Newsletters

Advertisement