About ReNewCred
ReNewCred is a company based in Bengaluru (India) founded in 2024 by Abhimanyu Rathi. ReNewCred has raised $470.85 thousand across 3 funding rounds from investors including ACT Grants, Campus Angels Network and Kairos CoLabs. ReNewCred offers products and services including Carbon Credits Registry, Carbon Ratings, and dMRV Technology. ReNewCred operates in a competitive market with competitors including BeZero Carbon, Sylvera, Iconic Air, Calyx Global and Carbon Assessors, among others.
- Headquarter Bengaluru, India
- Founders Abhimanyu Rathi
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Sectors
Environment
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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 Net Zero Initiative Private Limited
- Date of Incorporation 06 May, 2024
- Jurisdiction Bangalore North, Karnataka, India
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Annual Revenue
Not available
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Net Profit
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EBITDA
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Total Equity Funding
$470.85 K (USD)
in 3 rounds
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Latest Funding Round
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Investors
ACT Grants
& 6 more
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Employee Count
Not available
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Products & Services of ReNewCred
ReNewCred offers a comprehensive portfolio of products and services, including Carbon Credits Registry, Carbon Ratings, and dMRV Technology.
Establishes standards for tech-based offsets and ensures transparency in carbon markets.
Evaluates environmental impact of offsets using advanced analytics for reliability.
Integrates IoT and ML for rapid monitoring and validation of carbon credits.
People of ReNewCred
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Funding Insights of ReNewCred
ReNewCred has successfully raised a total of $470.85K across 3 strategic funding rounds. 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.
Investors in ReNewCred
ReNewCred has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include ACT Grants, Campus Angels Network and Kairos CoLabs.
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Investor details for ReNewCred
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Investments & Acquisitions by ReNewCred
Investment portfolio details for ReNewCred
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Financial Statements - ReNewCred
Detailed financials for ReNewCred
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Renewcred Comparisons
Peer comparison for ReNewCred
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Competitors of ReNewCred
ReNewCred 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 BeZero Carbon, Sylvera, Iconic Air, Calyx Global and Carbon Assessors, among others.
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Independent ratings and risk analytics for carbon projects are provided.
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Carbon footprint offsetting solutions are provided through a real-time platform.
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Oilfield services are delivered to energy sector clients.
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Carbon credit ratings and market intelligence are provided by Calyx Global.
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Provider of solutions for carbon management and awareness
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Detailed competitors of ReNewCred
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Latest news on Renewcred
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Frequently Asked Questions about ReNewCred
ReNewCred was founded in 2024 and raised its 1st funding round 1 year after it was founded.
ReNewCred is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Abhimanyu Rathi is the current CEO of ReNewCred. They have also founded this company.
ReNewCred is a funded company, having raised a total of $470.85K across 3 funding rounds to date.
ReNewCred was founded in 2024 in Bengaluru, India, as a provider in the environmental sector. A platform for carbon credits is operated, where rigorous standards and protocols are established to ensure transparency and environmental integrity. Comprehensive methodologies are applied to verify credits, supporting operations across the carbon market. The company focuses on protocol development and integrity assurance for global stakeholders.
ReNewCred's top competitors include BeZero Carbon, Sylvera and Iconic Air.
ReNewCred offers Carbon Credits Registry, Carbon Ratings, and dMRV Technology.
ReNewCred has 7 investors. Key investors include ACT Grants, Campus Angels Network, Kairos CoLabs, build3, and Ahmedabad University.