Fitsol reposted this
Fitsol, a ClimateTech startup founded in 2022 by Anand Pathak, Akshay Tandon, Manoj Sharma, Sunil Bansal, and Vikas Kalra, raised $1 million in seed funding led by Transition VC: 1️⃣ Fitsol’s AI-powered platform, Kyoto, focuses on monitoring and reducing Scope 1, 2, and 3 emissions, with a strong emphasis on Scope 3, which often represents 70-90% of a company's carbon footprint. 2️⃣ The company offers additional sustainability solutions, including green logistics, sustainable packaging, eco-friendly procurement, and carbon offsetting, delivering cost savings of 15-20% in carbon reduction projects. 3️⃣ Fitsol’s clients include major names like JK Tyre & Industries Ltd., JBM Group, Hindware Limited, and automotive suppliers for Mahindra Group, Suzuki Motorcycle India Private Ltd., and Vida Electric Scooter l Hero Motorcorp l JMG. 4️⃣ The funding will enhance Kyoto's AI capabilities, expand Fitsol's team, develop a sustainability marketplace, and support geographical expansion into the Middle East. 5️⃣ Fitsol aims to manage 500 million tonnes of supply chain emissions within two years, positioning itself as a leader in manufacturing decarbonization. Read The Full Article Here: https://lnkd.in/gs98AFi4 #EntrepreneurshipStudio #Fitsol