Jaipur-based D2C (Direct-to-Consumer) air conditioner startup Helium Smart Air raised $2 million (nearly ₹18.50 crore) in a seed funding round from India Quotient. The funding will be spent to scale product development, R&D, and distribution channels, as per the startup's statement. The firm has partnered with IIT Kanpur for research to create accessible and affordable smart cooling technology.