Aurassure Raises INR 4 Crore in Seed Round Led by Unicorn India Ventures
The funds raised will be deployed to strengthen product capabilities by creating a data analytics team, acquiring product certifications for international scaling, and sales team expansion for growing reach to multiple cities.
September 20, 2023. By Anurima Mondal
Odisha-based Aurassure has the capabilities to collect real time data and analyse it to provide accurate forecasts and updates on disasters and frequently changing weather patterns. The Company has successfully onboarded prestigious clients including Tata Realty, L&T Realty, P&G, Honeywell, IIT Bombay and Google.
Aurassure aims to bring people together to fight against the rising issues of the environment. Akanksha Priyadarshini, Co-founder & CEO, Aurassure says, “Empowering communities with hyperlocal data to build resilience against climate change is not just a mission, it's a responsibility we wholeheartedly embrace. Together, we're not just innovating but driving a positive change for a healthier, more resilient, and sustainable future, one city at a time. Our vision goes beyond data collection. We aim to be instrumental in policy-level decision-making by providing vital insights to form responsible environmental practices. We also plan to offer robust decision support systems and environmental consultancy services, guiding governments and organisations in making sustainable choices.”
The Company has recently launched Aurassure Care, a smart air quality monitoring device for indoor environment monitoring that can be integrated with BMS and air purification solutions. It can also enhance the green ratings of commercial spaces. The Company also has products like Aurassure Trust for flood monitoring designed to provide crucial and timely insights for flood-prone areas and Aurassure Infra for outdoor air quality weather and GHG monitoring.
Commenting on the investment, Bikram Mahajan, Partner, Unicorn India Ventures says, “Although the global environment monitoring market is valued at over USD 12 billion, of the 1.4 million devices needed just for air quality monitoring, only 3 percent are operational, underscoring the urgent need for action and the vast market potential. In our quest for a scalable climate-tech venture, Aurassure stood out. In a world choked by data silos and the escalating threat of climate change and air pollution, the Aurassure platform leverages AI, machine learning, and data points from multiple devices to generate accurate insights and actionable intel. Driven by a powerhouse team, Aurassure resonated with our ethos of championing disruptors, and we're thrilled to partner with them as they redefine environmental monitoring to pave the way for a cleaner future. “
please contact: email@example.com.
Dr. Mridula D Bharadwaj
Capacity Building Specialist
India updated its solar energy targets to 280 GW by 2030
We have developed our new age agitators - ‘EVO’ series and ‘HYBRID’ series
Advanced battery technologies gaining prominence in India's energy storage sector