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Praan Positions ‘Filterless’ Air Systems for Scale With Mumbai Factory and Real-Estate Deals

Fresh capital with a Mumbai buildout signals a push to scale a still unproven approach.

Overview

  • Praan is a deep-tech startup that says it is building full-stack indoor air systems using filterless particle removal with in-room sensing and environmental control.
  • The company says internal prototypes are finished for Sanctuary, an all-in-one home system that unites HVAC, heating, humidification, and purification tuned to human physiology.
  • Praan reports agreements to deploy Sanctuary across more than 6 million square feet of luxury real estate in India, describing a waitlist worth about $30 million.
  • To meet expected demand, the company is expanding manufacturing in Mumbai, saying it quintupled HIVE output by late 2025 and is building a 2026 facility targeting about 100,000 devices a year.
  • Backers include Accel, Prosus, and Social Impact Capital, and Praan lists HIVE deployments with clients such as Blue Tokai and Wipro, though many performance metrics and timelines remain company-reported without independent verification.