Climate-Tech Startup LogicLadder Raises $2.5 Million in Series A Funding

Climate-tech SaaS startup LogicLadder has secured $2.5 million in a funding round led by Singapore and Vietnam-based BIG Capital and Zerodha’s Rainmatter.

The Gurugram-based firm, founded in 2011 by Mayank Chauhan and Atindra Chandel, provides sustainability and climate management solutions to businesses globally. The fresh capital will be used to expand LogicLadder’s footprint in South Asia and North America.

“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,” said Mayank Chauhan, Co-founder and CEO of LogicLadder.
“A significant portion of the new funding will be dedicated to new product augmentations and capacity expansion, ensuring our solutions remain in sync with the ever-evolving landscape of environmental compliances,” Chauhan added.

LogicLadder’s flagship platform, The Sustainability Cloud (TSC), helps enterprises manage ESG, account for Scope 1, 2, and 3 carbon emissions, ensure environmental compliance, and generate sustainability reports. The software adheres to global standards like GHG protocol, SBTi, GRI, CDP, CSRD, SASB, BRSR, CBAM, and GRESB.

Dinesh Pai, Head of Investments at Rainmatter, emphasized the critical role of LogicLadder’s solutions in addressing climate change challenges, underscoring the importance of transparency in climate action for enterprises.
“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,” said Pai.

Preetinder Panjarath, Chief Financial Officer at BIG Capital, said, “Climate change is now one of the biggest challenges facing us. Its scale and impact call for urgent innovative solutions to mitigate its progress and drive sustainable growth.”

LogicLadder, which claims to have over 1,000 enterprise customers, including NTPC, BHEL, and PVR-INOX, aims to leverage the new funding to enhance its technology infrastructure and expand its product offerings