Hyderabad-based water-tech company Althion secures funding to pilot innovative purification systems and expand operations in healthcare and research sectors.
Althion, a Hyderabad-based water-tech company, has raised Rs 3.6 crore in a pre-Series A funding round led by IAN Group-powered BioAngels, with participation from prominent investors Arun Seth, Om Manchanda, KNK Venkatraman, and Shubham Rastogi.
This new investment comes after the company had earlier secured USD 180K from C-CAMP and other investors. Althion plans to use the fresh funds to pilot the production of 40 units of its innovative tabletop laboratory water purification system, advance R&D in kidney dialysis solutions, and scale its operations with a larger facility.
Althion aims to bridge the gap in high-cost water purification solutions with its cost-effective offerings, which are further enhanced by its proprietary Althion Remote Monitoring System (ARMS) for predictive maintenance. The company has also received grants for product development and funding towards CE marking and USFDA certifications, positioning it for growth in global markets including Latin America, Africa, and Asia.
Founded in 2017 by Surya Rao, Althion specializes in ultra-pure water systems for the healthcare, research, and semiconductor industries. The company’s products, supported by BIRAC and aligned with the Make in India initiative, are already trusted by leading institutions such as Sir Ganga Ram Hospital, Homi Bhabha Memorial Cancer Centre, Narayana Hrudayalaya, and Nephroplus centres across India.
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