Inficold
Inficold India Pvt. Ltd. designs and manufactures solar-powered cold storage, bulk milk coolers, and instant milk chillers based on proprietary hybrid ice thermal energy storage, serving dairy organizations, agricultural cooperatives, state governments, NGOs, and healthcare institutions across India and Africa.
- Company typePrivate
- Founded2015
- HeadquartersNew Delhi, India
- Headcount101–250
- GTM typeB2B
- OfferingHardware or Manufacturing
What Inficold does
Inficold India Pvt. Ltd., founded in 2015 by former Intel engineers Dr. Nitin Goel and Dr. Himanshu Pokharna, designs and manufactures solar-powered cooling infrastructure built around a proprietary hybrid ice thermal energy storage system. The core technology stores cooling energy in phase change materials (primarily water-to-ice) inside stainless steel (SS304) enclosures rated for 20+ year life, enabling fully off-grid solar photovoltaic operation without electric batteries or diesel generator backup. The platform supports a -25°C to 28°C operating range and uses proprietary variable-rate compressor modulation that scales cooling output based on commodity temperature, addressing the over/undersizing inefficiency of conventional refrigeration.
The company's product portfolio spans four primary lines: solar cold storage systems (5-100 MT capacity), bulk milk coolers (250L-5,000L), instant milk pre-coolers (IMC 3000-10000), and PCM packs/pouches across eight temperature ranges from 0°C to -30°C for shipment temperature control. Adjacent offerings include a retrofit solar refrigeration kit for existing 2-10 MT cold storages and a 5TR-class solar air conditioner. Customers are diversified across dairy organizations, agricultural cooperatives, state governments (Kerala, Mizoram, Odisha, Tripura, Rajasthan), NGOs and foundations (SELCO, BAIF), healthcare institutions, and individual smallholder dairy farmers, with deployed systems in 19+ Indian states and select African markets including Kenya. Notable deployments include India's first solar vaccine cold storage (Kerala/ANERT), a 5MT solar cold storage for Kenya, and India's first multi-chamber modular solar cold storage.
Revenue is generated predominantly through one-time hardware sales with custom, quote-based pricing reflective of site-specific capacity, configuration, and solar panel requirements, complemented by service and maintenance contracts delivered through 15+ service engineers based in Delhi, Bangalore, and Guwahati. Manufacturing is concentrated at a 65,000 sqft facility in Hapur, Uttar Pradesh, with an additional 1.5-acre factory under construction. The company has raised approximately $2.4M across multiple funding rounds through 2024, including a $900K seed round from RVCF in January 2021, and management has publicly targeted deployment of 1,000+ units over the next two years.
Inficold firmographics
Firmographics- Name
- Inficold
- Legal name
- Inficold India Pvt. Ltd.
- Website
- https://inficold.com
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Inficold India Pvt. Ltd. designs and manufactures solar-powered cold storage, bulk milk coolers, and instant milk chillers based on proprietary hybrid ice thermal energy storage, serving dairy organizations, agricultural cooperatives, state governments, NGOs, and healthcare institutions across India and Africa.
- Ownership category
- akta.pro rank
Inficold industry classification
Industry- Product category
- Cold Chain / Industrial Refrigeration
- NAICS
- Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing (333415), Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing (33341)
- SIC
- Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585), Refrigeration & Service Industry Machinery (3580)
- akta.pro primary industry
- Cold Chain & Temperature-Controlled Storage Equipment (IMAHAKAJ)
- akta.pro secondary industries
- On-Farm Cold Chain & Pre-Cooling Equipment (Hydrocoolers, Vacuum Cooling) (AFAAAJAL), Chillers & Cooling Plant Equipment (IMAHAKAE)
Keywords
Where Inficold is headquartered
LocationHeadquarters
- HQ city
- New Delhi
- HQ country
- India
- HQ region
- Asia
Offices3 records
Markets served
Inficold business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- Solar Cold Storage Systems: Sale of solar-powered cold storage systems (5 to 100 MT capacity) with integrated thermal energy storage and solar PV panels. Products are sold as complete systems including compressor, thermal energy storage, solar panels, and controls. Revenue is one-time at point of sale with potential for after-sales service contracts.
- Bulk Milk Coolers: Sale of ice energy storage integrated bulk milk coolers (250L to 5000L capacity) with optional solar integration. Both direct solar-driven and grid-powered models available. Revenue is one-time hardware sale.
- Instant Milk Pre-Coolers: Sale of instant milk chilling systems (IMC3000, IMC5000, IMC10000) that serve as pre-chillers to existing bulk milk coolers. Can be integrated with off-grid solar PV for captive solar energy usage.
- PCM Packs and Pouches: Sale of phase change material packs and pouches in eight temperature ranges (-30 to 0 degrees C). Used for temperature-regulated shipments. One-time product sales.
- Service and Maintenance: 15+ service engineers provide after-sales support across Delhi, Bangalore, and Guwahati. Likely generates service revenue for maintenance and support contracts.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Multi-year contract | Solar Cold Storage 5 to 100 MT - custom quotation required |
| Unit Pricing | Multi-year contract | Bulk Milk Cooler 250 & 500 Ltr - custom quotation required |
| Unit Pricing | Multi-year contract | Bulk Milk Cooler 1000 to 5000 Ltr - custom quotation required |
| Unit Pricing | Multi-year contract | Instant Milk Pre-Cooler IMC3000, IMC5000, IMC10000 - custom quotation required |
| Unit Pricing | Pay-as-you-go | PCM Packs and Pouches (-30 to 0 degrees C) - custom quotation required |
Go-to-market motion3 records
Distribution channels5 records
Marketing channels5 records
Inficold product offering
Product offeringCore offering
Inficold designs, manufactures, and sells solar-powered refrigeration and cold chain systems including solar cold storage (5 to 100 MT), bulk milk coolers (250L to 5000L), instant milk pre-coolers, PCM temperature-regulated packs and pouches, solar refrigeration retrofit kits, and solar air conditioners. All systems integrate proprietary hybrid ice thermal energy storage (phase change material) with solar PV and compressor units to deliver uninterrupted off-grid cooling without electric batteries or diesel generators. The company sells primarily to government agencies, dairy organizations, agricultural cooperatives, healthcare institutions, and wildlife/non-profit operators across India and select African countries.
Product overview
Inficold is a refrigeration and cold chain company that designs and manufactures a portfolio of solar-powered cooling products based on proprietary hybrid ice technology (thermal energy storage using phase change materials). The core product line includes Solar Cold Storage (5-100 MT capacity for perishables), Bulk Milk Coolers (250L to 5000L for dairy applications), and Instant Milk Pre-Coolers (IMC series for milk chilling centers). These products integrate thermal energy storage to provide fast cooling rates, temperature control, and cooling redundancy during power outages without requiring electric batteries. The portfolio is complemented by PCM Packs/Pouches for transport temperature regulation and a Solar Refrigeration Kit for retrofitting existing cold storages. All products enable off-grid solar integration, eliminating dependence on diesel generators. The company also offers solar air conditioning solutions using the same thermal energy storage platform.
Differentiator
Problem solved
Functional benefit
Products and services
- Solar Cold Storage: 5 to 100 MT Solar-powered cold storage system with integrated thermal energy storage (phase change material/ice) that provides uninterrupted cooling from -4 to 15 °C for perishable commodities including fish, meat, dairy, fruits, vegetables, grains, and pharmaceuticals. Available in containerized and indoor configurations from 5 to 100 MT capacity. Targeted at government, agricultural, and healthcare customers.
- Bulk Milk Cooler: 250 Ltr / 500 Ltr Small-capacity bulk milk cooler with integrated ice energy storage designed for small dairy farms. Cools milk from 35°C to 4°C in 70-90 minutes, with no minimum milk quantity required to start cooling, eliminating freezing issues and providing full-day cooling backup during grid failure. Single-skid design eliminates on-site assembly.
- Bulk Milk Cooler: 1000 Ltr to 5000 Ltr Large-capacity bulk milk cooler with thermal energy storage for dairy organizations. World's only thermal storage-based solar BMC with 100% faster cooling to 10°C and 50% faster to 4°C compared to ISO 5708 standards. Provides one day of cooling backup and integrates directly with solar PV without electrical batteries.
- Instant Milk Pre-Cooler: IMC3000, IMC5000, IMC10000 Instant milk chilling system that rapidly cools milk to less than 10°C using ice energy storage. Acts as pre-chiller to existing bulk milk coolers, enabling dual lifting per day during flush seasons and reducing diesel consumption. Rated capacity of 1000 to 6000 liters with off-grid solar integration available.
- PCM Pack / Pouch: -30 to 0 °C Phase change material packs and pouches for temperature regulation in shipments. Available in eight temperature ranges (0°C, -5°C, -7°C, -10°C, -16°C, -21°C, and -30°C) in both hard-shell and leak-proof pouch formats. Proprietary nano-structured materials enable uniform and fast thermal coverage.
- Multi-Chamber Modular Solar Cold Storage System India's first multi-chamber modular solar cold storage system enabling multiple chambers with different temperature set points in a single installation. Allows storage of different product types requiring distinct temperature conditions.
- Solar Refrigeration Kit for 2-10 MT Cold Storages Retrofit solar integration kit enabling conversion of existing 2-10 MT conventional cold storages to solar-powered operation without replacing the entire system.
- Solar Air Conditioner Solution Solar-powered air conditioning system using hybrid ice technology for space cooling applications in commercial and institutional settings. 4TR and 5TR capacity units available.
Quantifiable outcome
- Up to 4 days of cooling without electricity using ice charged during solar hours
- +9 more outcomes
Companies that use Inficold
Customer profileNamed customers12 records
Segments6 records
Ideal customer profiles5 records
Inficold technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability1 record
Feature9 records
Inficold partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and minor.
- ANERTcoreANERT (Agency for Non-conventional Energy and Rural Technology, Kerala) partnered with Inficold for solar-powered medicine storage facility at Kozhikode Medical College Hospital and Kerala's first solar-powered cold storage project. This is a key government partnership for healthcare cold chain applications.
- SELCO FoundationcoreSELCO Foundation partnered with Inficold for the inauguration of a 5MT solar cold storage in Sambalpur, Odisha. SELCO Foundation works on sustainable energy solutions for underserved communities and likely provides program support, deployment facilitation, and impact measurement for Inficold installations.
- UNIDOcoreUNIDO (United Nations Industrial Development Organization) featured Inficold at the PFAN Climate and Clean Energy Investment Forum. Inficold received a certificate of recognition for its Instant Milk Chiller technology at this forum, enhancing international visibility and credibility.
- BAIF Development Research FoundationcoreBAIF (Gujarat) has an off-grid solar integrated 35MT cold storage installation by Inficold. BAIF is a non-profit working on rural livelihood development, suggesting a partnership focused on deploying sustainable cold chain solutions for rural agricultural communities.
- Wharton School, University of PennsylvaniaminorFeatured in Wharton Magazine (Spring/Summer 2020 issue) for cooling technology for farmers in rural India. Wharton connection through co-founder Dr. Himanshu Pokharna (MBA from Wharton) and advisor Dr. Anuradha Narasimhan (formerly CMO of Britannia, faculty at IIT Bombay's Desai Sethi School of Entrepreneurship). Provides credibility and potential access to academic resources.
Scale indicators8 records
Recent moves7 records
Expansion highlights6 records
Inficold competitors and assessment
Company assessmentDirect peers
- Ecozen Solutions: Indian climate-smart agriculture and cold chain company offering solar-powered cold storage (Ecofrost) and motor controls. Directly comparable as a fellow Indian startup addressing the same agricultural cold chain gap with solar-integrated refrigeration targeting farmers and FPOs.
- Promethean Power Systems: US/India-based thermal energy storage company focused on milk chilling centers for dairy cooperatives in rural, off-grid locations. Closely comparable technology approach (thermal storage for dairy) and target customer (dairy collection centers in emerging markets).
Regional players
- ColdHubs: Nigeria-based solar-powered cold storage operator serving smallholder farmers across West Africa. Comparable mission of reducing post-harvest losses via solar cold chain, though focused on cold storage as a service rather than equipment manufacturing.
- Solar Freeze: Kenya-based startup providing solar-powered cold storage and milk cooling for smallholder farmers in East Africa. Geographic and customer overlap with Inficold's African expansion, addressing the same off-grid cold chain pain points for dairy and produce.
Broad incumbents
- Danfoss: Global leader in commercial and industrial refrigeration components and systems. A broad incumbent in the same equipment category; competes in cold storage refrigeration and increasingly in sustainable cooling, though at much larger scale and without Inficold's battery-free solar integration.
- Blue Star Limited: Major Indian HVAC and commercial refrigeration company with deep distribution and service network across India. Competes in commercial cold storage and air conditioning, providing scale-based competition that could enter Inficold's solar-integrated niche.
- Carrier Global Corporation: Global leader in HVAC, refrigeration, and cold chain solutions with extensive product portfolio. Broad incumbent competing in commercial refrigeration and cold chain equipment; could leverage scale to enter solar-integrated cold storage.
- BITZER SE: Global manufacturer of refrigeration compressors and condensing units serving commercial and industrial refrigeration markets. Supplies critical components to cold storage integrators; relevant as both a potential supplier and competitive reference point for refrigeration equipment scale.
Emerging players
- Bry-Air (Asia): Indian company specializing in desiccant dehumidification and adiabatic cooling with growing cold chain and storage offerings. Comparable as an emerging Indian player in specialized climate-control equipment with overlap in agricultural and pharmaceutical storage applications.
Others
- Sun King (Greenlight Planet): Leading pay-as-you-go solar energy provider serving off-grid households across Africa and Asia. Adjacent rather than directly competitive; overlaps with Inficold in serving off-grid customers with solar-powered appliances, and represents a potential distribution partner for solar-integrated cooling products in Africa.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Inficold social profiles
Digital presenceInficold compliance and trust
Trust signalCompliance2 records
Inficold financial estimates
Financial estimateRevenue estimate
Valuation estimate
Inficold leadership team
Management profileNumber of profiles
Profiles3 records
Inficold funding detail
Funding detailFunding overview
Funding rounds6 records
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Inficold M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Inficold
What does Inficold do?
Inficold designs, manufactures, and sells solar-powered refrigeration and cold chain systems including solar cold storage (5 to 100 MT), bulk milk coolers (250L to 5000L), instant milk pre-coolers, PCM temperature-regulated packs and pouches, solar refrigeration retrofit kits, and solar air conditioners. All systems integrate proprietary hybrid ice thermal energy storage (phase change material) with solar PV and compressor units to deliver uninterrupted off-grid cooling without electric batteries or diesel generators. The company sells primarily to government agencies, dairy organizations, agricultural cooperatives, healthcare institutions, and wildlife/non-profit operators across India and select African countries.
Is Inficold a public or private company?
Inficold is a private company. It is classified as venture growth investor backed and is currently operating.
When was Inficold founded?
Inficold was founded in 2015. It employs 101 to 250 people.
Where is Inficold based?
Inficold is headquartered in New Delhi, India, in the Asia region.
How does Inficold make money?
Five revenue lines are on record. Solar Cold Storage Systems are the primary driver. The others are bulk Milk Coolers, instant Milk Pre-Coolers, PCM Packs and Pouches and service and Maintenance.
Who are Inficold's main competitors?
Direct peers on record are Ecozen Solutions and Promethean Power Systems. Regional players are ColdHubs and Solar Freeze. Broad incumbents are Danfoss, Blue Star Limited, Carrier Global Corporation and BITZER SE. Bry-Air (Asia) is listed as an emerging player. Sun King (Greenlight Planet) is listed as an others.
Does Inficold have an API?
No public API is recorded for Inficold.
What industry is Inficold in?
Inficold's product category is Cold Chain / Industrial Refrigeration. Its primary akta.pro industry code is IMAHAKAJ, Cold Chain & Temperature-Controlled Storage Equipment, with a secondary code of AFAAAJAL, On-Farm Cold Chain & Pre-Cooling Equipment (Hydrocoolers, Vacuum Cooling). Its NAICS code is 333415 and its SIC code is 3585.