Prithu, a climate technology startup based in Gurugram, has successfully raised ₹10 crore in a funding round led by Transition VC. This investment aims to enhance its carbon removal platform, which focuses on nature-based solutions.
The funds will be utilized to accelerate on-ground operations, onboard smallholder farmers, and strengthen the company's blockchain-powered digital monitoring, reporting, and verification (MRV) infrastructure. Additionally, Prithu plans to expand its commercialization efforts through long-term agreements with global buyers.
Company Overview
Founded in 2024, Prithu is dedicated to high-integrity carbon removal through regenerative agriculture practices. The startup has set an ambitious goal of capturing 20 million tonnes of CO2 emissions by 2030.
Strategic Goals
With the new funding, Prithu intends to:
- Expand nature-based projects across 500,000 hectares within the next 12 to 24 months.
- Secure international partnerships to enhance its operational reach.
- Explore new geographical markets for its carbon removal solutions.
Significance of the Initiative
According to Prithu's co-founder and CEO, Sunny Vaish, the company is addressing India's soil carbon depletion crisis by integrating regenerative agriculture with carbon removal and blockchain technology. This approach not only contributes to environmental sustainability but also allows farmers to engage meaningfully in global climate markets.
Next Steps for Prithu
As Prithu moves forward, it will focus on implementing its strategies effectively to achieve its carbon capture goals and support smallholder farmers in the transition to sustainable practices.
