Chowdhry sees India at the forefront of cutting-edge technology
Demonstrating a strong confidence in India’s cutting-edge technology, Apollo Singapore Investments has announced its investment in an easy-to-use, plug & operate indoor ‘Virus Attenuation Device’ by Bengaluru’s Shycocan which allows resumption of normal life once it is plugged in at businesses and indoor establishments like schools, hospitals, shopping centres, malls and even homes.
“India is at the forefront of cutting-edge technology and as a global investor, I’m constantly on the lookout for Indian products and services that have the potential to fulfil a real business problem or need and a product like Shycocan addresses and provides a solution for the pandemic,” said investor Kunal Chowdhry who steers Apollo Singapore Investments Pte Ltd.
“The device potently brings together the laws of physics, technology and health to solve a global problem. I have installed multiple units in my home in Singapore and am very pleased with its performance thus far. I am very proud to be associated with Shycocan and look forward to contributing to making the world a safer place in the years to come,” Chowdhry said, announcing the investment on 26 Oct 2021.
The device has proven efficacy in disabling the coronavirus in indoor areas and complies with regulatory standards and norms in the US, Europe, Australia, New Zealand, Malaysia, the UAE and South Africa.
Dr. Rajah Vijay Kumar, who holds patents of over 30+ inventions globally, has invented and developed the device that consumes the same electricity as a 40W bulb to disable and neutralise the COVID virus in indoor spaces using the process of attenuation. This makes a virus or bacterium change to become harmless or less virulent.
Shycocan costs around Rs.25,000 in India and is currently available on Amazon and other platforms. When plugged in, it effectively covers an indoor area of 1,000 sq. ft. The device is chemical-free, non-toxic, doesn’t use UV rays and is 100% safe for humans, animals and the environment.
Apollo Singapore Investments is a family office providing financial advisory and consultancy services. The family office, incorporated in 2014, invests across many asset classes including fixed income, global equities and start-ups. Significantly, in 2020, Apollo was involved in the world’s first HR Tech accelerator program out of Singapore with a focus on HR Tech companies in South and South-East Asia.
Led by Kunal Chowdhry, a Harvard Business School and Cambridge University alumnus, Apollo’s mission is to primarily invest in tech-focused companies that solve real business problems or fulfil essential needs.
Its investments in India include Box 8, FabAlley, FarEye, Wow! Momo and StoryXpress. Overseas, the company has invested in Graymatics, TrustSphere, impress.ai and Telr. Apollo’s most recent exit was in Gusto, a payroll and benefits company based in the United States, which was valued at over US$10 billion in its most recent funding round. #investment #technology #banking #health /fiinews.com
