Our most recent feature in Startup Pedia 💥💥 A huge shoutout again to the teams of folks working tirelessly behind the scenes to make all this possible! . . . #sustainability #netzero #startups #entrepreneurship #genai #technology #business #ecoratings #startupecosystem Aditi B. | Aqeel Ahmed | Shruti Anand
Founded in April 2023, EcoRatings is a sustainability startup offering a Generative Artificial Intelligence solution that empowers businesses and corporates to easily address and meet their sustainability goals through its interactive chat interface. EcoRatings was started by Aditi B., Shruti Anand and Aqeel Ahmed, in 2023. While Aditi had previously built a hospitality startup, Shruti Anand served as the Assistant Vice President at Brand Capital under the Times Group. Aqeel Ahmed, on the other hand, was the COO and founding team member at RateGain, a travel tech startup. After Aditi sold her hospitality venture, she began assisting her friends in the United Nations with carbon calculator projects. When COVID-19 hit, Aditi Balbir realized that sustainability as an entire industry would soon become a necessity. In an exclusive interview with Startup Pedia, she said, “I could see it becoming a growing sector. I spoke to Aqeel and Shruti about it and they were on board with the idea of designing something that could help companies improve their ESG (Environmental, Social, Governance) ratings.” This was how EcoRatings was born in 2023. Aditi, Shruti, and Aqeel had a simple mission: to make sustainability easy for businesses and corporations. The founders spent the whole of 2023 in cracking the right tech for EcoRatings. They brought together a team of 25+ AI and Machine Learning coders who started building a Chat GPT-like model trained in all things sustainability. Aditi says, “EcoRatings has built sustaining.ai, an enterprise-focused platform. It offers real-time, accurate insights into ESG data.” It offers B2B companies and corporations a user-friendly chat interface that they can utilize to understand their competition benchmarks, assess how far or close they are to them, and make real-time decisions based on these learnings. The main benefits of sustaining.ai are: - Provides a deep dive into current practices, evident gaps, actionable insights, and tailored recommendations. This helps businesses figure out a sustainability strategy that works for them. - Businesses can access ESG data, know exactly where their competition stands, and learn specific opportunities (not general) to build on sustainability initiatives. - Carbon footprints can be easily tracked because the model is equipped with tracking data, even if it's located in fragmented sources across the organization. EcoRatings started selling its services to clients in the United States in April 2024. Currently servicing 20+ clients in the manufacturing, food, personal hygiene, pharma, fashion, and health tech sectors. EcoRatings has expanded to a team of 25 AI ML coders and 5 support staff. EcoRatings raised a pre-seed funding round of one million dollars earlier this year. Aditi says, “We are projecting a revenue of USD 2 million next year.” Read More: https://bit.ly/417mMML Website - https://ratings.eco/ #startuppedia #startup #startupfounder #ai #techstartup