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AirOk is an IIT Madras incubated startup incorporated on April 23, 2015. AirOk was launched with a vision to provide a one-stop solution for any air quality related problems. The company designs and develops cost-effective and efficient green technologies for ambient and indoor air quality management in small/medium scale industrial environment, urban built environment and waste management facilities.
Read this article to know more about AirOk Company Profile, its founder, revenue, funding, wiki, competitors, business model, products, and startup challenges.
AirOk - Company Highlights
| Startup Name | AirOk Technologies Pvt. Ltd. |
|---|---|
| Headquarter | Delhi, India |
| Sector | Clean Tech Startup |
| Founders | V Deekshith Vara Prasad, Director & CEO |
| Yasa Pavan Reddy, Director & CTO | |
| V S Krishna, Director & COO | |
| Founded | 2015 |
| Website | airoktech.com |
AirOk - About & How It Works?
AirOk - Founders & Team
AirOk - Product
AirOk - How It All Started?
AirOk - Business Model & Revenue Model
AirOk - Startup Challenges
AirOk - Funding & Investors
AirOk - Competitors
AirOk - Growth
AirOk - FAQs
AirOk - Conclusion
AirOk - About & How It Works?
AirOk Technologies Pvt. Ltd. is focused on addressing the issue of rising levels of air pollution with innovative solutions in air purifiers, filters, face masks, purifying bags etc. The company specializes in providing customized solutions for both residential as well as commercial set ups, including data centers. AirOk is Headquartered in Delhi, India.
Their flagship solution is EGAPA, a patented filter technology that efficiently reduces high levels of CO2, VOCs and other toxic chemicals, thereby providing a comprehensive indoor air quality solution. Besides providing innovative solutions, the company is also focused on unique designs of the products to enhance user experience and align with today's design sense of homes and offices.
AirOk - Founders & Team
V Deekshith Vara Prasad, Yasa Pavan Reddy and V S Krishna are the co-founders of AirOk Tech. Pvt. Ltd. that manufactures smart air purifier and the company is focused on addressing the issue of rising levels of air pollution.
V Deekshith Vara Prasad, Director & CEO
He is a BTech graduate in Civil Engineering at IIT Madras. Deekshith Vara Prasad has worked on air pollution since he undertook the project at his college. Deekshith worked as a project associate at IIT Madras for about a year after his graduation, during which he worked with different companies like Hyundai to assess indoor air quality. He also worked in various Indo-German projects at IIT Madras.
Yasa Pavan Reddy, Director & CTO
He is MS graduate of IIT Madras who has done his M.S by research in environmental engineering with his thesis on the application of low-cost sensors for air quality monitoring. He also has experience in various air quality, water quality and waste management projects. Yasa Pavan Reddy has 4 research publications in different international conferences.
V S Krishna, Director & COO
He is a MTech graduate from the Civil Engineering at IIT Madras, V S Krishna has worked on the design of Control technologies for Industrial emissions. He has experience in Product Designing and fluid Modelling with Computational Fluid Dynamics. He has done various projects on Indoor and Ambient Air Quality testing.
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AirOk - Product
AirOk has designed and developed a revolutionary combination of Air purifiers with high efficiency and performance, equipped with unique design and patented filter technology.
- EGAPA Microbes
Suitable for hospitals and other healthcare units, this does not just trap harmful bacteria, but kills them. Available in an affordable range, it is a good alternative for tier 2 hospitals. - EGAPA Fumes
The filter is designed to remove contaminants and other sources of air pollution. It further eliminates the downtime by removing corrosive gases through the process of adsorption and chemisorption. - AirOk Breathe Safe Face mask N 99 + ANBC (Anti Nicotine Bacterial Control)
AirOk Breathe safe face masks come with 5-layered fabric, which includes a charcoal layer, protecting from gaseous and other toxic pollutants. This mask not only captures the particulate matter but can also protect from pollutants, including PM 2.5, automobile gases and dust.
The fabric of the mask comprises two components – spun bond polypropylene and melt blown polypropylene, thereby providing a non-woven web. Due to smaller fibers and larger surface area taken up by them, it has excellent wicking and barrier properties. So together, they can create a strong product that can also offer a barrier to fluids and particles. - AirOk Natural
These are 0dour removal bags for your small indoor spaces, helping you maintain a fresh environment. AirOk Natural odour removal bags go well with your washrooms, car cabins, shoe racks and closets, maintaining an odour-free environment. They are fragrance free, non-toxic and can be used for up to three years.
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AirOk - How It All Started?
While undertaking a project at IIT Madras, AirOk founder Deekshith Vara Prasad did a survey on different Indoor air quality solutions. He identified gaps in terms of existing filter technologies (HEPA) and solutions it could not provide in terms of air purification.
When he pursued his tryst for further developing the technology for a comprehensive Indoor air quality solution, he came up with EGAPA (trademark registered to AirOk) filter technology. After seeing the results of the first prototype, he was confident that he had developed something unique, which the market actually requires.
AirOk - Business Model & Revenue Model
The company does direct sales as well as sales through partners and distributors. Ensuring clean air is a service for them. It collaborates with corporate clients as clean air partner for a period of 5 years and provide solution in the form of service. AirOk has done this already with several Fortune500 companies.
One thing that clearly sets them apart from competition is their technical background. Their strength has been technology since inception and they have partnered with their customers more as a clean air consultant rather than sales company.
AirOk - Startup Challenges
AirOk was started with the vision to become a one-stop solution for any air quality related problems. The issue that they have identified is that the incumbent indoor air quality solutions are able to solve the problems just partially, by eliminating few parameters in the indoor air.
The target was to develop a comprehensive indoor air quality solution and they went on to develop unique patented filter technology for the same. During this process, they have faced challenges such as validating the technology by a third-party organization, considering that it is a first of its kind in the league. Finally, they have identified a standard test protocol to validate to the technology that has helped them get into the market.
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AirOk - Funding & Investors
The company raised 2 million USD from SAR group in 2017 and used the funds in product manufacturing, launching the same in various markets and future product development. Within two years after their first round of investment, they have grown multi-fold and become profitable. They are now planning to go for second round of funding in next 12 months.
AirOk - Competitors
The USP of the company is its patented filter technology EGAPA - Efficient Granular Adsorbent Particulate Arrestor. Indoor Air quality problem can’t be generalized always to PM2.5. EGAPA was developed to solve the specific problems in various indoor spaces. Each Indoor environment requires its own solution after scientifically assessing the air quality and analyzing the data.
Indoor air quality problem can’t be generalized as it’s not uniform at all places. What differentiates AirOk from competition is that they work closely with their clients as clean air consultants, by addressing their specific air quality needs rather than being a knocking salesman.
AirOk - Growth
First 1.5 years of their journey was dedicated to product development and validation, till early 2017. Once the product got third-party validation from NABL accredited lab, they started raising funds for manufacturing and initial market entry. By the end of 2017, they successfully raised 2-million-dollars funding, enabling the company launch its product in July 2018.
During the initial three months after launch, the co-founders personally conducted product demos at various office spaces in Chennai, in a bid to understand the customer needs. Based on the valuable inputs, they entered the Delhi market and there was no looking back after that.
They are near to touching one-million dollar in revenue this financial year (2020) with a 10x growth rate. The best part of their growth is that they have established themselves as a profitable entity despite launching product in a segment that already comprises almost 300 brands in India.
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AirOk - FAQs
What is AirOk?
AirOk Technologies Pvt. Ltd. is focused on addressing the issue of rising levels of air pollution with innovative solutions in air purifiers, filters, face masks, purifying bags etc. The company specializes in providing customized solutions for both residential as well as commercial set ups, including data centers.
Who is the Founder of AirOk?
V Deekshith Vara Prasad, Yasa Pavan Reddy and V S Krishna are the co-founders of AirOk Tech. Pvt. Ltd. that manufactures smart air purifier and the company is focused on addressing the issue of rising levels of air pollution.
How does AirOk make money?
The company does direct sales as well as sales through partners and distributors. Ensuring clean air is a service for them. They collaborate with corporate clients as clean air partner for a period of 5 years and provide solution in the form of service.
How much funding has AirOk raised?
The company raised 2 million USD from SAR group in 2017 and used the funds in product manufacturing, launching the same in various markets and future product development.
AirOk - Conclusion
AirOk has developed the country's first novel, indigenous air purifier - Vistar. Powered by an EGAPA (Efficient Granular Adsorbent Particulate Arrester), Vistar can filter a variety of pollutants such as particulate matter, microbes, fungus and gaseous substances. The product's superior technology has been validated by lab and field tests. The positive results of the lab tests done by Shriram Institute for Industrial Research, Bengaluru and field trials conducted by Sri Kanchi Kamakoti Child Trust Hospital, Chennai are a testimony to the team's ability to develop first-in-class solutions. AirOk launched Vistar air-purifier which will have a coverage area of 550 square feet.
Author: Rishabh Rathi
Source : https://startuptalky.com/airok-success-story/
Date : 2021-04-11T09:30:00.000Z