Proklean Investment by Infuse Ventures in the News
IIMA CIIE’s sustainability and cleantech fund Infuse Ventures, which is backed by Government of India’s Ministry of New and Renewable Energy (MNRE) and Technology Development Board, IFC, BP, SIDBI, Godrej Industries, ICICI Bank, Bank of India and Union Bank, has announced an investment of Rs 3.5 cr for an undisclosed stake in Chennai-based Proklean Technologies Private Limited.
Founded by Dr. Sivaram Pillai, B. Chandrasekhar and Vishwadeep Kuila, Proklean manufactures completely natural products of probiotic origin, which can replace or reduce the use of currently used chemicals in various industrial and commercial applications like leather processing, textile processing and household cleaning.
We would like to thank the following media outlets for the wonderful coverage:
- The Economic Times: http://economictimes.indiatimes.com/small-biz/startups/infuse-ventures-invest-rs-3-5-crore-in-proklean-technologies/articleshow/47504865.cms
- Business Standard http://www.business-standard.com/article/companies/infuse-ventures-invests-rs-3-5-crore-in-probiotic-chemicals-firm-proklean-115060101811_1.html
- The Hindu Business Line: http://www.thehindubusinessline.com/companies/iimaciies-infuse-ventures-invests-rs-35-cr-in-chennai-probiotic-firm/article7271178.ece
- Daily News and Analysis:
- YourStory: http://yourstory.com/2015/06/proklean-technologies-funding/
- VCCircle: http://www.vccircle.com/news/cleantech/2015/06/02/infuse-ventures-invests-550k-clean-tech-startup-proklean
- Tech in Asia: https://www.techinasia.com/india-proklean-funding/#.VW06RkPjaw0.twitter
- NextBigWhat: http://www.nextbigwhat.com/proklean-funding-infuse-ventures-297/
- EntrepreneurIndia: http://www.entrepreneurindia.com/news/IIMA-CIIE-s-Infuse-Ventures-invests-Rs-3-5-crore-in-Proklean-Technologies-6485/
- Deal Curry http://www.dealcurry.com/2015061-Infuse-Ventures-Invests-In-Proklean-Technologies.htm
- Avashya http://www.avashya.com/articles/share/339129/
- India Everyday http://tamilnadu.indiaeveryday.in/news-iima-ciies-infuse-ventures-invests-in-chennai-probiotic-1135-566007.htm
- IndianWeb2 http://www.indianweb2.com/2015/06/chennai-based-proklean-technologies-raises-rs-3-5-crore-from-infuse-ventures/
