About GreenStitch
GreenStitch is a company based in Bengaluru (India) founded in 2023 by Arpit Samdani and Narendra Makwana.. GreenStitch has raised $1.26 million across 2 funding rounds from investors including Angel List, Equirus Capital and IvyCap Ventures. GreenStitch offers products and services including Carbon Accounting, ESG Reporting, Product LCA, Supply Chain Decarbonisation, and Traceability. GreenStitch operates in a competitive market with competitors including Watershed, ClimeCo, Clarity AI, Commons and Doconomy, among others.
- Headquarter Bengaluru, India
- Founders Arpit Samdani, Narendra Makwana
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Sectors
RetailEnvironment Technology
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Email
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Phone
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Website
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Social
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- Legal Name Greenstitch Technologies Private Limited
- Date of Incorporation 17 Apr, 2023
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
$32.5 K (USD)0as on Mar 31, 2024
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Net Profit
$-18.13 K (USD)0as on Mar 31, 2024
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EBITDA
$-18.13 K (USD)0as on Mar 31, 2024
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Total Equity Funding
$1.26 M (USD)
in 2 rounds
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Latest Funding Round
$60.3 K (USD), Seed
Aug 11, 2023
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Investors
Angel List
& 25 more
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Employee Count
Employee Count
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Products & Services of GreenStitch
GreenStitch offers a comprehensive portfolio of products and services, including Carbon Accounting, ESG Reporting, Product LCA, Supply Chain Decarbonisation, and Traceability. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Automates tracking of carbon emissions for fashion supply chains.
Enables compliance with global sustainability standards and reporting.
Calculates environmental impacts of products with minimal data input.
Identifies emission hotspots and simulates reduction strategies.
Provides tools for product footprint tracking via digital passports.
Funding Insights of GreenStitch
GreenStitch has successfully raised a total of $1.26M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $60.3 thousand completed in August 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $60,300
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First Round
First Round
(11 Aug 2023)
- Investors Count 26
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2023 | Amount | Seed - GreenStitch | Valuation | Equirus Capital | |
| Aug, 2023 | Amount | Seed - GreenStitch | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in GreenStitch
GreenStitch has secured backing from 26 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Angel List, Equirus Capital and IvyCap Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital investments in startups from leading Indian institutions across various sectors.
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Founded Year | Domain | Location | |
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Sector-agnostic micro-VC investments are made in early-stage tech firms.
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Founded Year | Domain | Location | |
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Corporate financial advisory services are provided to middle-market companies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by GreenStitch
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - GreenStitch
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Greenstitch Comparisons
Competitors of GreenStitch
GreenStitch operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Watershed, ClimeCo, Clarity AI, Commons and Doconomy, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Platform for enterprise sustainability measurement, reporting, and action is provided.
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| domain | founded_year | HQ Location |
Environmental project development and management services are offered.
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| domain | founded_year | HQ Location |
AI-powered sustainability data and compliance solutions are provided.
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| domain | founded_year | HQ Location |
Carbon footprint solutions are provided via an online tracking platform.
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| domain | founded_year | HQ Location |
Impact data for individuals and businesses is provided and managed.
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| domain | founded_year | HQ Location |
ESG and corporate governance research and ratings are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Greenstitch
Frequently Asked Questions about GreenStitch
When was GreenStitch founded?
GreenStitch was founded in 2023.
Where is GreenStitch located?
GreenStitch is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of GreenStitch?
Narendra Makwana is the current CEO of GreenStitch. They have also founded this company.
Is GreenStitch a funded company?
GreenStitch is a funded company, having raised a total of $1.26M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.2M, raised on Aug 11, 2023.
What is the annual revenue of GreenStitch?
Annual revenue of GreenStitch is $32.5K as on Mar 31, 2024.
What does GreenStitch do?
Provider of sustainability software for the fashion and textile industry. This software helps companies measure, report, and reduce their environmental impact. Features include carbon accounting (scopes 1, 2, and 3), ESG reporting, product life cycle assessments (LCAs), supply chain decarbonization tools, and traceability solutions. The platform integrates with existing enterprise resource planning (ERP) and product lifecycle management (PLM) systems, automating data collection and analysis. It helps companies set and track science-based targets, comply with regulations, and improve their overall environmental performance. The software also enables companies to showcase their sustainability efforts to customers and investors.
Who are the top competitors of GreenStitch?
GreenStitch's top competitors include Watershed, Clarity AI and ClimeCo.
What products or services does GreenStitch offer?
GreenStitch offers Carbon Accounting, ESG Reporting, Product LCA, Supply Chain Decarbonisation, and Traceability.
Who are GreenStitch's investors?
GreenStitch has 26 investors. Key investors include Angel List, Equirus Capital, IvyCap Ventures, Warmup Ventures, and Zeca.