November 14, 2023, India:
Breathe ESG, a pioneering startup offering enterprise SaaS solutions for sustainability management, has successfully raised USD 315K in a pre-seed funding round. The round was led by 100X.VC, with participation from KANJ Realty Ventures and Hyderabad Angels. The round also saw participation from notable angel investors like Vipul Jain (Chairman, Kale Logistics and Partner, Hearth Ventures) Pradeep Lala (Managing Director & CEO at Embassy Services) and Prashant Naik (Managing Partner, GRICAA).
Founded in July 2022 by Karantaj Singh and Shaayak Chatterjee, Breathe ESG has positioned itself as a leader in the sustainability management domain. The platform assists enterprises in streamlining their sustainability efforts, making the transition to sustainable practices more accessible, efficient, and affordable.
Sustainability management has emerged as a crucial aspect for companies aiming to navigate the complexities of the modern business landscape. It encompasses a holistic approach, integrating environmental, social, and governance (ESG) practices into the core business strategy. A commitment towards sustainability strengthens a company’s reputation, as consumers and investors are increasingly drawn towards organisations that imbibe ethical and sustainable practices.
Reflecting on the successful funding round, co-founders Karantaj Singh and Shaayak Chatterjee expressed their gratitude and shared their vision for the future - “We are incredibly excited and grateful for the trust and support shown by our investors. This capital injection is a testament to the necessity of integrating sustainability into business operations,” they stated. “With this funding, we are poised to accelerate our product development, expand our reach, and continue our mission to empower businesses in their sustainability journey.”
Ninad Karpe, Founder & Partner, 100X.VC, mentioned, “As the first institutional investors, we are thrilled that Breathe ESG has raised its pre-seed funding. At 100X, we invest in innovative startups and sustainability management is an area which has enormous scope. We are optimistic that Breathe ESG will scale rapidly in the future”
As Breathe ESG gears up for its next phase of growth, the startup is committed to driving innovation in the sustainability management sector, ensuring that businesses are well-equipped to navigate the transition to sustainable practices. The funding will be used to increase product capabilities to improve the suite of offerings and to expand into global markets. With a strong backing from investors, Breathe ESG is poised to make a significant impact in the sustainability domain, helping businesses across the globe adopt sustainable practices for a greener future. Breathe ESG was also selected to be part of the prestigious Gruhas Aspire.