NovorbisItus Secures ₹13.35 Crore in Seed Funding for Emission Control Solutions
Cleantech Startup NovorbisItus Raises Rs 13.35 Crore Seed Round Led by Rainmatter, with participation from Rockstud Capital
Business Standard
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Pune-based cleantech startup NovorbisItus has raised ₹13.35 crore (approximately $1.6 million USD) in a seed funding round led by Rainmatter, with participation from Rockstud Capital. The funds will be used to scale its emission control technologies for diesel generators and crematoriums, addressing significant pollution challenges in India.
- 01NovorbisItus raised ₹13.35 crore in seed funding led by Rainmatter.
- 02The startup focuses on emission control solutions for diesel generators and crematoriums.
- 03Their flagship product is a Retrofit Emission Control Device (RECD) that meets CPCB emission norms.
- 04The company aims to expand its product line to include solutions for industrial facilities.
- 05Founders began the venture during college, driven by a mission to combat air pollution.
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NovorbisItus Pvt. Ltd., a cleantech startup based in Pune, Maharashtra, India, has successfully raised ₹13.35 crore (approximately $1.6 million USD) in seed funding. The funding round was led by Rainmatter, the investment initiative of Zerodha, and included participation from Rockstud Capital. NovorbisItus specializes in developing technologies for emission control and air purification, particularly targeting decentralized pollution sources such as diesel generator (DG) sets and crematoriums. Their flagship product, the Retrofit Emission Control Device (RECD), is designed to help existing diesel generators comply with the Central Pollution Control Board (CPCB) emission norms without needing full equipment replacement. The funds will be utilized to scale their existing solutions and expand into new product lines, including technologies for carbon capture and emissions reduction in larger industrial facilities. The startup was founded by Harsh Neekhra, Gagan Tripathi, and Divyank Gupta, who began their journey as college students with a vision to tackle air pollution at its source. Their innovative approach has already gained traction in various industrial and commercial settings across India, particularly in urban areas plagued by poor air quality.
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The funding will enable NovorbisItus to enhance its emission control technologies, which could significantly improve air quality in urban areas across India, especially where diesel generators and crematoriums are prevalent.
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