Bhubaneswar-based climate tech startup Aurassure has raised Rs 4 crore in a seed funding round led by Unicorn India Ventures.
The startup has partnered with prominent companies such as Tata Realty, Google, and IIT Bombay and has witnessed a 40% quarter-on-quarter growth, extending its operations to several Indian cities, including Chennai and Delhi.
What is the purpose of fundraising?
Aurassure said the raised seed funding will be utilized to enhance its product capabilities, focusing on the development of a data analytics team and expanding the sales team to increase its footprint across multiple cities.
Additionally, The startup aims to secure product certifications to facilitate international scaling, thereby broadening its impact and reach in the climate tech sector.
What does Aurassure do?
Founded by a group of NIT Rourkela alumni, Aurassure utilizes its potent IoT-enabled systems to collect and analyze real-time data.
According to the startup, This data provides accurate forecasts and updates on various environmental phenomena, including weather patterns and pollution levels, empowering governments and citizens to make informed decisions for a healthier lifestyle.
Recently, It introduced products like Aurassure Care for indoor air quality monitoring and Aurassure Trust for flood monitoring, offering critical insights for flood-prone areas.
Akanksha Priyadarshini, Co-founder & CEO of Aurassure, said, “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.”
Statements
Bikram Mahajan, Partner at Unicorn India Ventures, said, “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.”
Unicorn India Ventures, founded in 2016 by Bhaskar Majumdar and Anil Joshi, is a technology-focused early-stage venture fund that invests in visionary startups.
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