Clairco, set to expand to key cities across India during 2019
Clairco - India's only Clean air-as-a-service company which offers air quality monitoring & purification services announced its mission to address the concern of indoor air pollution. Backed by Anand Subramanian, Sr. Director, Ola cabs and incubated by real estate giant - Brigade Group, Clairco is an IoT based air quality monitoring and purification company that uses low drag nano-tech air filters which can be retrofitted to any type of air conditioning and turn them into air purifiers. This helps save a lot of money by not spending on expensive hardware. Clairco has developed this patent-pending air purification system to help address the issue of indoor pollution. Incubated in early 2018, Clairco's air monitoring and purification services is currently being implemented in the premises of India’s biggest health/fitness and home rental brands. The company is also executing paid pilots for schools, office spaces, tech parks, and hotels both luxury and budget. Clairco aims to close it's Seed funding to the tune of over 350k $ in 2019. While the initial angel funds was used to strengthen the company's core team and product development, the soon to be raised seed funds will be used to expand Clairco's footprint to key cities across the country. Working on the concept of predictive intelligence on the connected devices, Clairco analyses air quality data of a particular premise on a real-time basis and installs ultra-low resistance air filter in existing air conditioning units and converts them into smart air purification system. Also, by running machine learning on the data of air pollution collected around the premise and mapping it against the filter life, Clairco replaces the filter on the exact time, ensuring clean air at all times. Other companies in the space use time as a yardstick to change filter and not pollutant data and thus have fixed interval of changing filter which is not accurate. Because of this predictive intelligence technology, Clairco is able to promise clean air unlike any other company in India. With 14 out of 20 most polluted cities in the world in India, and the cost of asthma medication reaching a record 55,000 crores per year, the indoor air quality monitoring market is estimated to reach 33,000 crores ($4.63 billion) by 2022. Aayush Jha, Co-founder & CEO, Clairco said, "Air quality has been continuously deteriorating in the Country. The National Capital of Delhi and other tier 1 cities have yet again witnessed dangerous levels of pollution. Air quality indoors often becomes 5x times worse than outdoors and we spend more than 90% of our time indoors. Thus, we at Clairco believe that improving the air quality in indoor spaces; to begin with, can be a huge step to battle the dangers of this hazard. Further, businesses can benefit immensely by providing clean air in their spaces, as they continue to serve customers. Our first of its kind air quality monitoring and purification solution is measurable and affordable. Clairco charges it's customers a monthly subscription fee for businesses of all sizes and scale. This helps businesses ensure a better experience without investing considerable capital expenditure. Our technology enables us to be the only company in India that can guarantee clean air for indoor spaces."
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