They power your delivery app | Chennai News

If you are a customer of any of the leading quick commerce delivery apps or organized meat retailers, chances are you would have benefited from the work of Chennai-based start-up Atsuya Technologies, a deep technology and sustainability company.
Atsuya was founded by Rahul Ganapathy, Ashwin Desikan, Sridharan Ramakrishnan and Sridar Swamy in 2017 to use technology to reduce wastage in the food supply chain. “Our initial focus was on using technology to reduce food wastage through refrigeration monitoring and catering to dairy and grocery retail units.
We soon realized our potential to cover a larger aspect of sustainability through connected businesses and buildings,” says Rahul Ganapathy, co-founder and CEO.
It now monitors a range of things for clients including temperature, energy, HVAC, water and LPG, besides supply chain management. And has become a full stack engineering company offering customers a complete gamut of hardware and software solutions.
“IoT adoption has always been a challenge in India primarily because of the high capex cost. We disrupted the market with a flexible opex model that included the full stack from devices to dashboards, making it easier for businesses to adopt the technology without the need for heavy capital investment,” says Rahul.
“Customers are no longer keen to work with multiple vendors. Hence, we launched the A1 platform to address several issues on the sustainability front. Today, we have 80 clients across 750 sites around the country. Our opex model enabled us to enlarge our market share in a short period through efficient delivery of services,” adds Rahul.
Atsuya promises 8% to 15% saving on monthly operational costs, mainly through energy conservation and a weekly saving of ₹4 lakh to ₹5 lakh for every warehouse it maintains. This has resulted in 2,500-tonne carbon emission avoidance, a key measure on the global sustainability front.
Atsuya’s marquee clients include Indian Oil, Greater Chennai Corporation, Axis Bank, Swiggy, Zomato, Licious, Tendercuts, Zepto, TVS and Gokal Das. The company, which started with a six-member team six years ago, has since grown to 120 people.
“Covid helped us to learn a lot and grow. We were actively involved in the Chennai Corporation’s pandemic management – all three waves – through our pandemic management platform that unified the city’s Covid task force on to a single digital platform, thereby helping identify and contain the outbreak quickly and efficiently,” says Rahul.
Atsuya is now working on a larger project – to track and trace LPG cylinders. Its next focus area will be the oil & gas vertical, besides real estate, for which it intends to offer end-to-end solutions for connected buildings, simplifying operations of facilities and enabling sustainability.
The company has been awarded the Tamil Nadu government’s digital accelerator grant and was also winner of the AI-for-agriculture hackathon organized by Google, HUL and MyGov. Atsuya is working closely with Tamil Nadu Banana Producers’ Association to improve yield and reduce input cost of farmers using digital technology.
Atsuya has raised external funds of around $1. 5 million in a seed round as well as a pre-Series A round. “We are now in talks to raise our Series A funding round that will enable us to triple our manpower to 360 from the present 120 and help us grow our revenue by 10x to ₹200 crore, from the present ₹15 crore₹20 crore over the next one and half years,” says Rahul.


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