Fresh capital injection, earmarked for LogicLadder’s global footprint
Climate-tech SaaS startup LogicLadder has successfully raised $2.5 million in its Series A funding round. The round was led by Singapore and Vietnam-based BIG Capital and Zerodha’s Rainmatter. This fresh capital injection, earmarked for LogicLadder’s global footprint, particularly in South Asia and North America, further enhancing our platform and products, is set to fuel LogicLadder’s ambitious plans.
Leading Investors Backing LogicLadder
The Series A round saw participation from prominent investors including ONGC, Shell, and IIM Lucknow EIC. These investors bring financial support and the market’s strategic guidanceLogicLadder’salso market’s strategic expertise, underscoring the market’s confidence in LogicLadder’s vision and technology. This funding round is a significant milestone for the company, enabling it to scale operations and enhance its offerings.
Comprehensive Platform for Enterprises
Founded in 2011, LogicLadder developed a premium platform called ‘The Sustainability Cloud.’ This unique platform, designed to help enterprises manage Environmental, Social, and Governance (ESG) metrics, account for Scope 1, 2, and 3 carbon emissions, meet environmental compliance requirements, and generate comprehensive sustainability reports, sets us apart in the market.
“The Sustainability Cloud follows global standards like GHG protocol, SBTi, GRI, CDP, CSRD, SASB, BRSR, CBAM, and GRESB, ensuring that our clients are “not only compliant but also leading in sustainability practices,” said Mayank Chauhan, co-founder and CEO of LogicLadder’s advanced Products for Efficiency and Decarbonisation
LogicLadder’s suite of products, including TSC Water, TSC Energy, and TSC Enviro, have already proven their effectiveness in helping organizations achieve efficiency-led decarbonization and sustainability in water management and waste generation. For instance, TSC Water has helped a leading manufacturing company reduce its water consumption by 30% in just six months. These tools are pivotal in helping businesses reduce their environmental footprint and enhance operational Efficiency.
“Our products are designed to provide actionable insights and drive sustainability across different operational areas. We aim to empower businesses to make “data-driven decisions that support their sustainability goals,” Chauhan added.
Trusted by Major Enterprises
LogicLadder’s reputation for excellence is underscored by its diverse client portfolio, which includes over 1,000 customers. These industry giants, such as NTPC, BHEL, PVR-INOX, and Mother Dairy, have placed their trust in LogicLadder. The company has also established partnerships with 40 channel partners, further expanding its reach and impact.
“Collaborating with leading enterprises and channel partners enables us to broaden our influence and support more businesses in their sustainability journeys,” noted Chauhan.
Targeting South Asia and North America
With the new funding, LogicLadder is set to strategically expand its operations in South Asia and North America. In South Asia, we aim to establish partnerships with local businesses and government bodies to address the region’s unique sustainability challenges. In North America, we plan to leverage our existing partnerships and client base to penetrate the market further. The company aims to use its advanced technology to address the unique environmental challenges faced by businesses in these areas.
“We see immense potential in South Asia and North America. Our expansion into these regions will help us support more organizations in achieving their sustainability goals.
Aligning with Global Sustainability Standards
LogicLadder’s platform is about more than just meeting regulatory and reporting requirements. The company is committed to global sustainability standards. By adhering to established protocols like GHG, SBTi, GRI, CDP, and others, LogicLadder is demonstrating its dedication to maintaining high standards in sustainability management.
“Our alignment with global standards is crucial in providing reliable and practical solutions to our clients. We are committed to continuous improvement and adherence to the best practices in the induLogicLadder’sn emphasized.
Future Prospects and Innovation
LogicLadder’s focus on innovation and sustainability positions it as a key player in the climate-tech space. For instance, we are currently developing a new feature for ‘The Sustainability Cloud’ that will use AI to predict a company’s future carbon emissions based on its current operations. This will enable businesses to proactively plan their sustainability strategies. The company plans to continue developing its platform and p “products to meet the evolving needs of companies worldwide.
“We are excited about the future and the opportunities to drive positive change through our innovative solutions. We aim to be at the forefront of sustainability management, helping” businesses thrive in Logic Ladder’s mentally responsible manner,” Chauhan concluded.
LogicLadder’s successful Series A funding round marks a pivotal moment in its growth journey. With robust backing from leading investors and a clear vision for expansion, the company is well-positioned to make significant strides in the climate-tech sector. Over the past decade, we have helped numerous businesses reduce their environmental footprint and improve their sustainability performance. By leveraging our advanced platform and products, LogicLadder aims to support businesses globally in their quest for sustainability and environmental stewardship.
For more in-depth analysis and inspiring climate news, click here.
