Business Today

GREEN START-UPS

A BUNCH OF START-UPS IS OFFERING INNOVATIVE SOLUTIONS FOR BUILDING A GREENER TOMORROW. THEIR APPROACH IS FINDING NEW TAKERS

- By E. Kumar Sharma

THE POLLUTION FIXERS: Not too many people are familiar with soaping agents or surfactant­s and what they do. These act like detergents and remove unabsorbed dyes from textile products while ensuring colour fastness. But when they get mixed with effluents, they can pose a huge environmen­tal threat. However, Chennai-based Proklean Technologi­es has developed a unique probiotics solution that replaces these chemical-based surfactant­s with “high-performing, all-natural, nontoxic and fully bio-degradable products”, helping protect water bodies when industrial effluents are released. Currently, Proklean caters to textile, leather and hospitalit­y industries, but is planning to expand operations and add a few more products, including a household detergent.

“For the first time, a unique combinatio­n of naturally occurring probiotic microbes (good bacteria, in layman’s terms) and certain other natural ingredient­s is being used to develop these products,” explains co-founder and Chief Executive S. Sivaram Pillai, a PHD in biochemist­ry. “We use a proprietar­y

fermentati­on and formulatio­n process. Besides pollution control, there are other advantages also, such as 20 per cent water saving.”

Pillai got acquainted with B. Chandrasek­har in 2006, and the latter roped in Vishwadeep Kuila, an IIM-Ahmedabad alum and former classmate with expertise in sales and marketing. Proklean became operationa­l in 2012 when the trio got an initial funding from Chennai Angels and later raised venture capital from Infuse Capital. The first customer was a Ludhiana-based textile processer and garments exporter called Shingora Textiles. It now serves more than 120 companies, including big players such as Raymond and Mafatlal.

Proklean sources an organicall­y certified probiotic mother culture from US-based SCD Probiotics (Pillai’s former company) for product developmen­t. “It is a two-way licensing, meaning we receive royalty when SCD sells products which have been made using our technology and vice versa,” says Pillai.

It posted `6 crore in annual revenue in the financial year 2016/17, but its immediate goal is to double that amount. The company is about to raise its third round of funding. The money will be used for expansion in overseas markets, research and product developmen­t.

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