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Climate action SaaS startup LogicLadder raises $2.5M led by BIG Capital and Zerodha’s Rainmatter

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ISN Team
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LogicLadder

Atindra Chandel and Mayank Chauhan

LogicLadder, a leading provider of enterprise sustainability management and climate action cloud software, has closed a Series A funding round, raising $2.5 million.

The round was led by BIG Capital from Singapore and Vietnam, and Zerodha’s Rainmatter.

With this new infusion of capital, LogicLadder aims to expand its global footprint, particularly in South Asia and North America. 

The new investors join a list of notable backers, including ONGC, Shell, and IIM Lucknow EIC.

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What does LogicLadder do?

Founded in 2011 by Mayank Chauhan and Atindra Chandel, LogicLadder offers a premium platform called The Sustainability Cloud (TSC), which helps enterprises manage ESG (Environmental, Social, and Governance) responsibilities, track carbon emissions across Scope 1, 2, and 3, ensure environmental compliance, and generate sustainability reports. 

The platform adheres to global standards such as the GHG Protocol, SBTi, GRI, CDP, CSRD, SASB, BRSR, CBAM, and GRESB. Additionally, LogicLadder’s products—TSC Water, TSC Energy, and TSC Enviro—support efficiency-led decarbonization and sustainability in water and waste management.

Leadership comments

Mayank Chauhan, Co-founder and CEO of LogicLadder expressed excitement about this new chapter, stating, “We’re thrilled to begin a new chapter in LogicLadder’s journey with our global expansion. A significant portion of the new funding will be dedicated to new product augmentations and capacity expansion, ensuring our solutions remain in sync with the ever-evolving landscape of environmental compliances.”

Atindra Chandel, Co-Founder and SVP of Products & Marketing at LogicLadder highlighted the firm’s robust presence in the environmental compliance and sustainability reporting space in India.

He said, “Our product, The Sustainability Cloud, is well established in the environmental compliance and sustainability reporting space with more than 1000+ enterprise customers in India. We have also revamped our product in line with the latest standards and global regulations and started marketing it in multiple countries. This funding round will help us accelerate our global expansion.”

What is the purpose of fundraising?

The fresh capital will support LogicLadder in expanding its operations globally, particularly in South Asia and North America.

The startup plans to enhance its product offerings and increase capacity to meet the growing demand for climate action solutions.

The strategic move comes at a time when there is a significant surge in investments within the climate tech space, reflecting the increasing importance and demand for environmental solutions.

Preetinder Panjarath, CFO at BIG Capital, emphasized the importance of innovative solutions to combat climate change, stating, “Climate change is now one of the biggest challenges facing us. Its scale and impact call for urgent innovative solutions to mitigate its progress and drive sustainable growth. We are proud to join hands with LogicLadder, a market leader in the climate action space that makes compliance and reporting easier for enterprises.”

Investor comments

Dinesh Pai, Head of Investments at Rainmatter by Zerodha, underscored the critical role of LogicLadder’s solutions in tackling climate change. He said, “Climate change is no longer a future event — water scarcity, erratic weather patterns, diminishing wildlife — we are already experiencing the consequences of climate change. However, measuring and tracking climate data is a complex and nuanced act. Most organizations depend on independent third-party software services to help them through this journey. LogicLadder offers a key sustainability solution for enterprises.”

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