Sentra.world, a technology platform dedicated to assisting industrial businesses in achieving net-zero emissions, has recently secured $2 million in seed funding.
The funding round was spearheaded by Avaana Capital, a well-respected venture capital firm specializing in early-stage climate technology in India. Golden Sparrow and RPG Ventures also participated in the funding round.
Industries dealing in the business of steel, aluminum, utilities, chemicals, and cement play a major role in global emissions, responsible for around 38% of total worldwide emissions and 62% within India. To address this issue, Sentra.world supports industrial companies in effectively managing their greenhouse emissions.
The product provides suppliers with a green rating, which gives them a unique advantage. It also helps buyers in their search for suppliers who align with their net-zero goals.
Tools like sentra.network, sentra.portfolio, and sentra calculus are dedicated platforms that offer tailored methods to measure emissions in specific sectors. They also provide simulations to help businesses reduce their carbon footprint, along with user-friendly dashboards, internationally recognized reporting standards, and interactive data reporting. These powerful tools enable industrial companies to actively participate in creating a sustainable future by taking concrete steps towards reducing their environmental impact.
Harsh Choudhry, Co-Founder and CEO of Sentra.world, expressed its mission to support industrial businesses worldwide in achieving net-zero emissions. They aim to accomplish this by providing specialized software-as-a-service (SaaS) solutions tailored to specific sectors.
He said, “By prioritizing Scope 3 emissions, we drive sustainability across the value chain for industrial businesses in India, the Middle East, and Southeast Asia, with future expansion into Europe. Our goal is to have 500 industrial companies and 500,000 suppliers as valued customers, managing 1% of global emissions within five years.”
Sentra plans to use the funds for worldwide growth, enhance its platform development, and bolster sectoral intelligence. The company’s vision is to cater to industrial enterprises in India, Southeast Asia, the Middle East, and other regions while strongly focusing on sustainability and achieving net-zero objectives.