India: Startups Bonita, TESSOL and Indofash raise funds
TESSOL receives funding from Infuse Ventures & Ankur Capital
Thermal-energy storage startup TESSOL has received a Series A round of funding from cleantech fund Infuse Ventures and impact investor Ankur Capital, according to a statement.
TESSOL will utilise the funds for expanding its sales and service network across India and create more products. In 2014, the startup raised seed funding from Infuse Ventures. TESSOL provides energy efficient and fuel saving refrigeration technologies for cold chain storage and logistics. The company was founded in 2013 by IIT Delhi alumnus Rajat Gupta. It is operated by Thermal Energy Service Solutions Pvt Ltd.