Biotech firm MicroGO, a firm in providing smart and sustainable hygiene and infection control solutions, has raised INR six crore in Pre-Series A funding from Angel investors in Calcutta. The funds will be used primarily for strengthening MicroGO’s sales and marketing activities.
Increasing global travel, climate change and emergence of antibiotic resistance organisms poses a serious threat to the quest towards curtailing infectious diseases. MicroGo’s vision has always been aligned to this market need and Covid-19 has further strengthened the need to accelerate hygiene management adoption across the world. These new challenges required newer approaches and necessitated the development of innovative technologies focussing water, food, and health. Due to rapid urbanization, rising number of establishments of commercial spaces, and increasing safety standards post the pandemic, the industrial and institutional cleaning chemicals market in India is expected to reach US$ 526.53 million by the end of 2026.
Commenting on this funding, …