Tan90 to enter Indian cold chain business with launch of CaaS

Cooling solutions company, Tan90 is all set to enter Tier-2 cities in India with the launch of a unique cold chain model, ‘Cooling as a Service’ (CaaS), where it offers cooling solutions on lease to businesses that do not own blast freezers required to freeze the panels, i.e., thermal batteries. The company has plans to cash in on the growing demand for cold chain solutions.
It also has plans to expand overseas, particularly in Southeast Asia and has raised a Rs. 11.32 crore pre-Series A investment round co-led by Blue Ashva Capital and Capital A, with participation from 3i Partners and a clutch of angel investors based out of Singapore, the Middle East, and India. The main purpose of this round is to expand overseas with a particular focus on Southeast Asia.