Chennai-based Proklean Technologies has raised Rs 3.5 crore in exchange for an undisclosed amount of stake from IIMA CIIE’s sustainability and cleantech fund Infuse Ventures.
Proklean manufactures probiotic products that can replace chemicals in industrial and commercial applications like leather processing, textile processing and household cleaning.
Selling products under the name Proviera, the startup uses a unique probiotic technology which makes products 100% biodegradable, natural and non-toxic.
Apart from the obvious benefits to the environment, Proklean claims its products are cost and performance competitive compared to traditional chemical products.
The firm already counts Vardhaman Group, Raymond, Mafatlal, Welspun, RSWM, Kapoor Industries, JK Mills, AVT, Super House and Upper India as customers.
Further, it also caters to overseas markets such as U.S.A., Brazil, Mexico, South Africa, Germany, Spain, Hungary, Turkey, Thailand, China, Philippines, Australia and Bangladesh.