[Funding News] Climate Tech Startup LogicLadder Secures $2.5 Mn Funding

LogicLadder, a provider of sustainability and climate management strategies, secured $2.5 million in a funding round headed by Singapore-based Big Capital and Rainmatter, a venture fund supported by Zerodha.

The funding will be utilized to increase its worldwide presence in North America and South Asia.

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Businesses and governments are using “The Sustainability Cloud,” a digital platform, to manage and achieve Net Zero.

“By the next financial year, we are expecting our global revenue to contribute 40% and India revenue 60%, and then moving forward we expect the global revenue to surpass India revenue,” cofounder and CEO Mayank Chauhan told ET.

Commenting on the investment, Dinesh Pai, head of investments, Rainmatter, said, “measuring and tracking climate data is a complex and nuanced act. Most organisations depend on independent third-party software services to help them through this journey. LogicLadder offers a key sustainability solution for enterprises.”

About LogicLadder

Mayank Chauhan and Atindra Chandel founded LogicLadder in 2011 to help companies all across the world measure, report, and lessen their environmental impact.

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