Helium Smart Air, a startup that sells air conditioners directly to customers, has raised US$2 million (around ₹19 crore) in its seed funding round. The funding was led by India Quotient.
The company will use this money to improve its products, increase sales and distribution, and spend more on research and development.
“Initially, we are deploying the capital towards scaling manufacturing, building inventory, and strengthening our go-to-market efforts. As we expand, a significant portion will also go into brand-building and customer acquisition, alongside investing in the team and product development to take this to a much larger set of households across India,” said Ashish Sharma, cofounder of Helium Smart Air.
“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.
Helium was started in 2025 by IIT Kanpur graduates Ashish Sharma and Aman Munka. The company is making affordable and compact air conditioners for homes.
It is working with IIT Kanpur to create smart cooling technology that uses less electricity and keeps costs low. The ACs are still being made and will come with app controls for easy use.
They also have useful features like gas leak detection and system health monitoring, which help users avoid extra repair costs.
Helium has partnered with Urban Company for installation and maintenance services.
Its first AC is designed for small rooms up to 100 sq ft. It has a 2,700-watt capacity and can even run on a 1 kW solar panel. The price is around ₹17,000, and deliveries are expected to start later this month.
After launch, the product will be available in selected stores in Delhi NCR and Rajasthan, with plans to expand to more cities. The company says it manufactures its ACs at different locations across India.
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