Invisel Secures ₹4 Crore in Funding Led by IAN Angel Fund
IAN Angel Fund, the evergreen fund of IAN Group, has led a ₹4 crore funding round in Invisel, India's first nanotechnology-based home surface protection brand, along with BeyondSeed, with participation from FAAD Capital. The investment marks the company's first external funding after building a profitable business entirely through bootstrapped operations.
Founded by Atharva Ulangwar (Founder & CEO) and Sumedh Yeolekar (Co-founder & CMO), Invisel is introducing a new way for homeowners to care for their living spaces. Instead of repeatedly cleaning surfaces after they get damaged, the company's invisible protective coatings help prevent stains, hard water marks, and everyday wear before they happen.
The idea emerged from a simple observation. While working with industrial nano coatings for several years, founder Atharva saw cutting-edge formulations being supplied to businesses across sectors, but rarely reaching end consumers. Homeowners facing common problems such as stained bathroom glass, fading marble, or damaged upholstery had no practical solution to prevent the damage in the first place.
The company was created to change that by bringing industrial-grade surface protection directly into consumers' hands through products that can be applied in minutes without professional expertise.
Within just over a year of commercial operations, the company has served more than 60,000 customers across 900+ pin codes, generated ₹5.2 crore in FY26 revenue, and achieved profitability all without raising external capital. Alongside its D2C business, they also work with institutional partners who are leading OEMs in the Furniture industry, while offering professional application services across multiple cities.
The fresh capital will be used to establish a dedicated manufacturing and research facility in Pune, strengthen the company's materials science capabilities, accelerate product innovation, build greater consumer awareness around preventive surface care, and support domestic and international expansion.
Atharva Ulangwar, Founder & CEO, Invisel, said, “We spent years making nano coatings that were genuinely world-class, and then handing them over to other brands to put their name on. The technology worked; the market access didn't exist. Invisel was built to close that gap: to take industrial-grade surface science and put it directly in the hands of an Indian homeowner, in a form they can use themselves.
This round lets us do three things we've been unable to do while bootstrapped: scale up our manufacturing and R&D facility, deepen the formulation science with senior research talent, improve marketing and distribution across online and offline channels, and take the Invisel brand to households across the world. We've grown to over 60,000 customers without external capital and while remaining profitable. With this investment, our focus is on building this new category from scratch and becoming the category leaders. Whenever anyone thinks of Nano Coatings, they should think of Invisel.”
Sumedh Yeolekar, Co-founder & CMO, Invisel, said, “We’re not building another home-care brand; we’re building an entirely new category around preventive care. For decades, consumers have been taught to clean, repair and replace after something gets damaged. We believe the future is about protecting surfaces before that damage happens. Our ambition is to make surface protection as fundamental to owning a home as cleaning itself and make Invisel the brand that defines that shift.”
India's home care industry is evolving rapidly as consumers invest more in premium homes, interiors and long-lasting products. Yet almost every solution available today focuses on cleaning surfaces after they have been damaged. They are taking a different approach by making protection the first step rather than the last.
Its invisible coatings form a protective layer on surfaces such as glass, marble, tiles, fabric, leather and metal, helping reduce cleaning effort while extending the life of household materials. A single application lasts between 6-12 months and can be completed within minutes.
Unlike most nano coating businesses that primarily serve industrial customers, Invisel has built a fully integrated consumer brand with in-house formulation, manufacturing and multiple distribution channels spanning e-commerce, institutional partnerships and professional services.
The company plans to expand its professional application network from three cities to twelve, establish its first international presence in the UAE later this year, introduce five new product categories, and grow its team across research, manufacturing, sales and marketing. It is also investing in advanced materials research and patent development to strengthen its long-term innovation pipeline.
