SafEarth, a SaaS platform, has secured Rs 3.5 crore in funding. Anthill Ventures led the investment, with participation from angel investors Ashish Agarwal and Nikhil Vora. SafEarth helps businesses measure and mitigate their environmental impact. Ashish Agarwal is the co-founder of Housing.com, while Nikhil Vora is the co-founder of InMobi.
The newly acquired funds will have multiple purposes. First, they will be used to scale SafEarth’s product offerings. Second, the funds will be utilized to grow SafEarth’s team, allowing them to hire more talented individuals who can contribute to the company’s mission and drive further innovation. Lastly, the funds will enable SafEarth to explore new markets, potentially expanding their reach and impact on a global scale.
SafEarth has successfully completed more than 100 industrial solar projects, resulting in a total deployed capacity of 171MW. Through these projects, the company claims to have contributed to the reduction of over 300,000 tonnes of carbon emissions. In their endeavors, SafEarth has established collaborations with prestigious companies such as Toyota Technopark, Everest Industries, Ather Energy, and Mondelez India.
SafEarth, a rapidly growing company, has garnered attention from renowned clients like Flipkart, Grofers, and Byju’s. With significant growth in the past months, SafEarth is poised to sustain this upward trajectory for the foreseeable future.
The successful funding round not only demonstrates investor confidence in SafEarth’s mission.
