sentra.world, a Bangalore, India-based ESG (Environmental, Social, and Governance) SaaS platform, raised $2 million in seed funding.
The round was led by Avaana Capital, a prominent early-stage climate-tech venture capital firm in India. RPG Ventures and Golden Sparrow Ventures also participated in the funding round.
The funding will primarily support the global expansion of the platform, platform development, and the enhancement of sectoral intelligence. Sentra.world aims to serve industrial businesses not only in India but also in the Middle East, Southeast Asia, and other regions.
"We envision empowering global industrial businesses on their net-zero journeys through sector-specific SaaS products. By prioritizing Scope 3 emissions, we drive sustainability across the value chain for industrial businesses in India, the Middle East, and Southeast Asia, with future expansion into Europe. Our goal is to have 500 industrial companies and 500,000 suppliers as valued customers, managing 1% of global emissions within five years," said Harsh Choudhry, co-founder, and CEO of sentra.world.
With a commitment to sustainability and net-zero goals, Sentra.world offers innovative Scope 3 solutions to empower businesses and achieve ESG excellence, according to an official statement by the company.
Company: SENTRA.WORLD TECHNOLOGIES PVT. LTD.
Raised: $2.0M
Round: Seed Round
Funding Month: June 2023
Lead Investors: Avaana Capital
Additional Investors: RPG Ventures and Golden Sparrow Ventures
Company Website: https://sentra.world/
Software Category: ESG SaaS Platform
About the Company: Founded by Harsh Choudhry and Vikas Upadhyay, Sentra. world is a technology platform that helps industrial enterprises achieve net-zero emissions by providing precise, comprehensive, efficient, and verifiable ways for measuring emissions performance. The company's mission is to provide the necessary tools and insights to help companies effectively manage and reduce their environmental impact. Sentra. world enables businesses to achieve ESG excellence, decarbonize their value chain, and drive sustainability across the industrial sector with its SaaS products, which include sentra.calculus, sentra.network, and sentra.portfolio.
Source: https://www.entrepreneur.com/en-in/news-and-trends/esg-saas-platform-sentraworld-raises-2-million-seed/453484