Gurugram-based climate tech startup Prithu has secured Rs 10 crore in a seed funding round led by Transition VC, marking a key step in scaling its carbon removal platform focused on nature-based solutions. The company had earlier raised Rs 38 lakh in an angel round backed by the Startup India Seed Fund and other investors.
Key Highlights
- Climate tech startup Prithu secures Rs 10 crore seed funding led by Transition VC to scale carbon removal platform.
- Funds to expand farmer network, blockchain MRV systems, and global carbon credit partnerships.
According to the company, the fresh capital will be deployed to expand its farmer network, strengthen its blockchain-powered monitoring, reporting and verification (MRV) systems, and secure long-term global carbon credit offtake agreements.
“We are combining regenerative agriculture, carbon removal, and blockchain-powered transparency to address India’s soil carbon challenges while enabling farmers to participate in global climate markets,” said co-founder and CEO Sunny Vaish.
Founded in 2024 by Sunny Vaish, Prabal Tomar, and Abhinav Pandey, Prithu operates a full-stack carbon removal platform that converts regenerative agriculture, agroforestry, biochar, and biogas initiatives into high-integrity carbon credits.
The startup focuses on tackling critical agricultural challenges such as soil degradation, crop residue burning, and water stress, while enabling smallholder farmers to access global carbon markets.
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Prithu aims to sequester 20 million tonnes of CO₂ equivalent by 2030 and plans to scale its nature-based projects to 5 lakh hectares over the next 12–24 months. The company is also looking to enhance its MRV technology, build international partnerships, and expand into new geographies as part of its growth strategy.
Market opportunity and competition
The global carbon market, currently valued at around $3-4 billion, is projected to grow significantly to $40-50 billion by 2030, offering strong tailwinds for climate-tech startups like Prithu.
In India, the climate-tech ecosystem is expanding rapidly, supported by increasing investor interest and policy push, even as funding becomes more selective.
Prithu competes with emerging players such as Varaha, Grow Indigo, Mitti Labs, Equilibrium, and Boomitra, all of which are working to scale carbon removal and sustainable agriculture solutions.
