Bengaluru, January 2026 — RenewCred, a climate technology startup focused on creating high-integrity, tech-driven carbon credits, has raised ₹4.25 crore in a seed funding round consisting of a mix of equity and grants.
The round was led by Campus Angels Network, with participation from Kairos Early Opportunity Fund, build3 Startup Studio, VentureStudio Ahmedabad University, Ideashacks Investor Network, ACT Capital Foundation, Social Innovation Lab by Citi Bank–IIT Kanpur, and several angel investors.
Accelerating High-Integrity Carbon Credit Systems
RenewCred said the fresh capital will be used to enhance its carbon measurement methodologies, scale its Net Zero platform, and deliver verifiable carbon credits that meet the highest standards of transparency and integrity for both buyers and regulators.
Founded in 2024 by Abhimanyu Rathi, the Bengaluru-based startup is developing technology-led infrastructure for carbon markets, leveraging IoT, machine learning, and blockchain to power its MRV (Monitoring, Reporting, and Verification) systems.
The goal, according to the company, is to make carbon markets more efficient, credible, and accessible, particularly for smaller developers and technology-driven projects across the Global South.
“Our mission is to bring scientific rigor and transparency into carbon markets,” said Abhimanyu Rathi, Founder and CEO of RenewCred. “By combining continuous monitoring and advanced verification, we aim to help businesses and governments achieve Net Zero targets with confidence.”
Building the Net Zero Digital Platform
RenewCred’s proprietary Net Zero digital platform provides real-time monitoring, reporting, and verification at the level of each individual carbon credit. This approach replaces traditional document-heavy systems with automated digital verification, making it easier to track, audit, and certify credits at scale.
The company has also built a collaborative network of domain experts and scientists who help co-develop sector-specific methodologies to ensure each credit is conservative, measurable, and defensible under international standards.
RenewCred’s digital MRV technology integrates live data streams, scientific models, and automated integrity checks, helping reduce verification timelines by up to 75% and transaction costs by more than 50%, while significantly improving auditability and transparency.
Expanding Impact and Global Reach
The startup is preparing to issue its first batch of carbon credits this quarter, covering methodologies such as biochar, electric vehicle (EV) fleets, renewable energy projects, methane reduction, clean fuel initiatives, and industrial decarbonization.
Looking ahead, RenewCred plans to expand its portfolio of non-nature-based carbon credit methodologies, grow its digital registry platform, and onboard more project developers and institutional buyers seeking continuously verified, science-backed carbon credits.
The company also aims to position India as a leading hub for credible, technology-verified carbon credits that can be traded in global markets, supporting the country’s broader climate and sustainability goals.
Over the next 14 years, RenewCred targets the removal of more than 2 gigatons of greenhouse gas emissions through its platform.
“We are not just building a carbon registry — we are building trust in the carbon economy,” added Rathi. “Our vision is to make India the benchmark for high-integrity carbon credits backed by data, science, and digital verification.”
About RenewCred
RenewCred is a Bengaluru-based climate tech startup developing digital infrastructure for carbon markets. Founded in 2024 by Abhimanyu Rathi, the company focuses on building transparent, high-integrity carbon credits using advanced MRV (Monitoring, Reporting, and Verification) technology powered by IoT, machine learning, and blockchain.
RenewCred’s proprietary Net Zero platform delivers real-time monitoring and data-backed verification, enabling carbon credit issuers and buyers to transact with confidence. The company works with scientists, climate experts, and technology partners to accelerate the global transition to Net Zero.
Key Highlights
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Funding Raised: ₹4.25 crore (seed round, equity + grants)
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Lead Investor: Campus Angels Network
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Other Investors: Kairos Early Opportunity Fund, build3 Startup Studio, VentureStudio Ahmedabad University, Ideashacks Investor Network, ACT Capital Foundation, Social Innovation Lab by Citi–IIT Kanpur, and angel investors
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Founded: 2024
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Founder: Abhimanyu Rathi
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Headquarters: Bengaluru, India
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Focus Areas: Carbon credit verification, Net Zero platforms, MRV technology
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Mission: Enable transparent, data-driven, and trusted carbon markets
Ankitt Yadu is the Editor at Entrepreneur News Network and TVW News India, where he leads editorial strategy, brand storytelling, and startup ecosystem coverage. With a strong focus on innovation, business, and marketing insights, he curates impactful narratives that spotlight India’s evolving entrepreneurial landscape.