Newtral.io, a climate-tech business that creates business sustainability applications, secured INR 6.4 million in an investment round that was spearheaded by PedalStart, an early-stage startup accelerator.
The investment of capital will support Newtral.io’s growth and hasten the creation of its innovative product line that addresses the needs of carbon accounting and environmentally friendly reporting, as reported by Entrepreneur.com
“We are thrilled to partner with PedalStart as we embark on our mission to help enterprises achieve net zero. This funding represents a major milestone that will accelerate our growth trajectory and enable us to meet the increasing demand for sustainable solutions in global markets,” said Avi Chudasama, co-founder and CEO, Newtral.io.
“We are deeply impressed by the Newtral.io team and their commitment to building sustainable technology. Newtral.io is uniquely positioned to support businesses on their journey towards achieving net zero, and we are excited to be part of their transformative vision,” Manas Pal and Aditya Darolia, co-founders, PedalStart, said in a joint statement.
Companies may easily implement sustainable practises by utilising the Newtral.io platform’s power to accurately monitor their carbon emissions, pinpoint areas for emission reduction, design custom dashboards, and more.
In 2022, Avi Chudasama, Anuraag Paul, and Vinod Kumar Sonagara formed Newtral.io, a company that develops technologies to support climate action. a digital firm that assists businesses in becoming carbon neutral.