Residential AC Brand Helium Raises $2 Million From India Quotient
Helium Smart Air, a D2C consumer brand offering new-age residential air conditioners, has raised $2 million in a seed funding round from India Quotient. Founded by IIT Kanpur alumni Ashish Sharma and Aman Munka, Helium aims to solve cooling requirements in modern spaces - functional, smart and efficient. The capital will be used to scale product development, invest in RnD, expand distribution and accelerate its mission of democratizing access to air conditioning in India.
“Remember the comfort of a cool breeze brings to the body and soul on a hot summer day? Well, only 1 out of 10 homes in India get to enjoy that luxury indoors, which we believe is a necessity now, with rising temperatures and humidity. Existing AC options are oversized, inefficient, expensive and not designed for how people actually live. At Helium, we are creating right-sized cooling solutions for modern, functional spaces - from bedrooms and office cabins to small businesses and hospitality settings, where traditional ACs simply don’t fit,” said Ashish. “Plus, by offering service bookings over the Helium app, we are bringing digital convenience to a category associated with fear and stress.”
With surging real estate prices pushing vertical growth, the demand for functional and space-efficient ACs is rising. But currently available options are still built for traditional rooms, ignoring space constraints, energy costs and climate change. Helium Air, the brand's first product, built for areas up to 100 sq ft, consumes significantly lower energy and is made to fit everyone’s bills. It is engineered to run on even 1kw solar panels, making it one of its kind in the market.
“Rapid urbanization means tighter square footage and hotter cities, yet traditional ACs remain too big and rigid for the masses. Helium has cracked the code. By bringing deep-tech R&D to the category, they are delivering a hyper-compact, budget-friendly AC that adapts to any small footprint. They’ve built exactly the kind of accessible cooling engine India’s diverse spaces have been waiting for," said Sahil Makkar, Partner at India Quotient.
The company has a research collaboration with IIT Kanpur for innovative solutions built on the pillars of intelligent design, digital convenience, and accessible technology.
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