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Sprih, a carbon emissions management platform, has raised US$3 million in a seed funding round led by Leo Capital with participation from entrepreneurs and climate experts from around the world.
Founded in 2022, Sprih is a cutting-edge climate technology platform built on a robust AI foundation and designed to help businesses streamline their path to sustainability. .
With a SaaS business model and a strong ecosystem of climate solution providers, Sprih provides technology solutions that enable companies to develop data-driven, action-oriented sustainability strategies that go beyond regulatory requirements. Masu.
Sprih offers businesses the ability to simplify the complex task of measuring, benchmarking and reporting emissions across their operations and supply chains, thereby efficiently realizing their decarbonization goals and aligning their brand. can increase your reputation.
Akash Keshav, co-founder and CEO of Sprih, said of the funding, “There is a growing need for CEOs to make their businesses sustainable. As laws and trade agreements tighten, businesses face existential challenges. Mr. Spree, we are committed to providing businesses with the right tools to turn these challenges into opportunities, and through sustainability. We are on a mission to make our future better by enabling us to build a competitive edge.”
“We are pleased to announce our seed investment round. With this infusion of capital, we are well-positioned to accelerate our growth, expand our team, and bring more innovative solutions to the market,” said Keshav. added.
Commenting on the investment in Sprih, Ravi Srivastava, Partner at Leo Capital, said: “Sustainability is steadily becoming a key part of corporate growth agendas as top-down commitments towards net zero increase. “Yes, but without an up-front framework, most companies struggle.” To develop actionable paths towards sustainability goals. Here, Sprih’s AI-driven Scope 3 carbon accounting and benchmarking platform has the potential to be a game-changer for businesses. The team With a mission to advance sustainability practices, the simple yet powerful Sprih platform leverages regulatory tailwinds to initiate this tall order. ”
The startup has research collaborations with leading institutions such as IIT Kanpur and IIT Bombay. The company plans to expand its customer base in India and increase its presence in the US, Europe and other key global markets over the next 12 months.
Sprih also plans to use the funds for sales and marketing efforts to support its global expansion efforts. The company will also invest in talent acquisition to create climate-focused AI models and expand its ecosystem of partners to help customers implement climate solutions.
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