New Delhi, 08 Dec 2017: Bonphul Air Products, the developer of OxyMax—the world’s second, and India’s first, oxygen optimizer—has raised an undisclosed amount of seed capital from Faridabad-based investor Satish Bhatia.
Co-founded by Prodyut Bora and Narendra Bisht in July 2017, OxyMax is a path-breaking product that operates in a “split” mode, with an outdoor unit and an indoor unit. The outdoor unit harvests oxygen from the outside air and pumps it indoor, where it is dispensed by the indoor unit. This increases the oxygen level in the indoor air from its current level to 21%, creating an environment of freshness and vigour.
Good quality air—what is called Mountain Fresh—is a mixture of about 21% oxygen, 78% nitrogen and 1% other gases. However, in most cities, the oxygen level in air is far lower; outdoors it would be around 18%, indoor even less. This leads to a whole host of problems: some immediate and some long-term.
Immediate effects consists of people feeling breathless, drowsiness and listlessness; no wonder so many corporate professionals seek so many coffee breaks and cigarette breaks during the course of a day! Long-term effect of oxygen deprivation is loss of immunity and vitality.
According to Narendra Bisht, currently the Chief Operating Officer (COO) of Bonphul Air Products, “Running OxyMax for a couple of hours leaves you feeling totally invigorated, fully charged, just the way you felt when you took-in pure air during your last vacation in the mountains.” Further, Mr Bisht adds, “In terms of look, they appear pretty much like a split AC with an outdoor unit and an indoor unit. But that is where the difference ends. While ACs merely circulate and re-circulate the same oxygen-deficient indoor air, OxyMax pumps in oxygen from outside and raises the quality of indoor air to mountain levels.”
Commenting on the recent infusion of funds, Mr Bisht said, “the company will use the funds for setting up a sales & marketing infrastructure. Our initial 4 months have been devoted purely to R&D and product development. Now it is time to hit the market. So far we have managed with our own bootstrap capital. This seed round will take OxyMax from the R&D lab to the market.”
Praising the Bonphul team, investor Satish Bhatia said “the narrative on air pollution has, sadly, remained limited to particulate matter PM 2.5. I really admire the Bonphul team’s desire to take a comprehensive view of indoor air quality and tackle the most important problem of all: the falling levels of oxygen in our cities and in our homes.