Anthill Ventures Leads ₹3.5 Crore Funding Round For Safearth, A Tech Platform Driving Renewable Energy Adoption

SafEarth, India’s leading renewable energy technology platform, secures ₹3.5 crore in recent funding round. Anthill Ventures, Third Derivative, and Mumbai Angels lead the investment. The funds will support SafEarth’s product development efforts and expansion into new industrial areas nationwide.

With a focus on helping industries transition from thermal power to solar energy, SafEarth has completed over 100 industrial solar projects, resulting in a deployed capacity of 171MW and savings of over 300,000 tonnes of carbon emissions. Collaborating with renowned companies such as Toyota Technopark, Everest Industries, Ather Energy, and Mondelez India, SafEarth has surpassed industry averages, enabling extraordinary savings of Rs 50 crore during the solar energy transition. The platform has also generated business worth over Rs 800 crores for solar installers.

SafEarth’s marketplace simplifies the clean energy procurement process for industries, reducing time and cost while eliminating errors. Their project management automation tool, Solar Flow, ensures efficient implementation and quality assurance. Additionally, Solar Flow provides real-time monitoring of electricity consumption, offering cost-saving recommendations for sustainable long-term savings. By leveraging SafEarth’s capabilities, industries can embrace solar energy and drive environmental sustainability.

The company offers a comprehensive suite of products powered by their advanced tech stack. Leveraging data-driven insights, SafEarth maps an industry’s electricity consumption and designs optimized solar plants. The platform then executes projects through a network of trusted partners, ensuring a 0% failure rate and exceeding generation guarantees. Real-time energy consumption monitoring enables continuous optimization, empowering businesses to achieve significant energy savings, reduce carbon emissions, and contribute to a sustainable future. SafEarth’s innovative tech stack drives impactful solutions for a cleaner environment.

Harshit Poddar, Co-Founder, SafEarth emphasized the importance of their platform’s effectiveness, which played a significant role in attracting investors. He stated, “Through our advanced tech stack and comprehensive suite of products, SafEarth is driving the transition to sustainable energy sources and helping industries reduce their carbon emissions at scale. The recent funding round not only validates our mission but also empowers us to accelerate product development and expand our reach to new industrial belts across India. Together, we can build a cleaner and more sustainable future.”

Leave a Comment