Sentra.world, an ESG SaaS platform, has secured $2m in a promising seed funding round headed by Avaana Capital.
Also participating in the round were RPG Ventures and Golden Sparrow Ventures.
The platform has managed to raise a substantial $2m in this funding round, thanks to the concerted efforts of Avaana Capital, RPG Ventures, and Golden Sparrow Ventures. Their collective belief in Sentra.world’s vision has made this possible.
Sentra.world, established by the dynamic duo Harsh Choudhry and Vikas Upadhyay, aims to empower businesses and foster ESG excellence with their ground-breaking Scope 3 solutions. Their innovative SaaS products, namely sentra.calculus, sentra.network, and sentra.portfolio, have been instrumental in helping businesses to decarbonise their value chain. By this means, Sentra.world has made significant strides in promoting sustainability across the industrial sector.
The company plans to direct the newly raised funds towards advancing sectoral climate intelligence and enhancing product development. Additionally, it hopes to utilise the investment for expanding its team and cultivating strategic partnerships.
Sentra.world co-founder Harsh Choudhry conveyed their ambitious vision, “By prioritising 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.”
Notably, Avaana Capital operates the Avaana Climate and Sustainability Fund, a venture capital fund specifically focusing on climate mitigation, adaptation, and resilience. This fund invests across various thematic areas such as energy transition and resource management, mobility and supply chains, and sustainable agriculture and food systems. Their portfolio consists of climate-focused start-ups like Eeki Foods, Aerem, FarMart, Turno, Terra.do, Ninety One, Praman (Intello Labs), Eggoz, and Praan among others.
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