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Blue Star is a prominent Indian company that designs, manufactures, and services a comprehensive range of air conditioning and commercial refrigeration products. It also operates as a leading Mechanical, Electrical, and Plumbing (MEP) contractor, offering integrated engineering solutions from concept to commissioning. The company provides a full spectrum of services, including design, engineering, installation, and maintenance, catering to diverse environmental control and critical cooling needs across various industries.
The company was founded in 1943 by Mohan T Advani, who established Blue Star Engineering Company. Advani, then 30 years old, embarked on this venture with a clear vision and unwavering confidence amidst the challenges of World War II. His foundational insight centered on the critical and growing demand for effective cooling solutions within India's tropical climate, recognizing the immense potential for specialized engineering services in the region.
Blue Star serves a broad customer base across industrial, commercial, and residential sectors, providing comfort and process cooling solutions. The company's long-term vision is to continually enhance its leadership in integrated engineering solutions, focusing on innovative product development and sustainable practices. It aims to deliver superior comfort and efficiency, contributing to the advancement of infrastructure and environmental control systems across its markets.
Blue Star Group has 1 tracked investment across 1 company. The latest tracked deal is $1.8M Seed in Everimpact in December 2022.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Dec 14, 2022 | Everimpact | $1.8M Seed | Nicklas Viby Fursund | Asian Development Bank, European Commission, IMC Ventures, Rainmaking Impact, Transport Capital, Wilhelmsen |