Carbon mgmt platform Onlygood.ai attracts Rs.4-Cr from IITM Incubation Cell, others

Gurugram-based carbon management platform Onlygood.ai has attracted INR 4 crore in a seed funding round from IIT Madras Incubation Cell (IITMIC), Goel Group, and Daimler India Commercial Vehicles (DICV). DICV now has a 1.5% equity stake in the startup.Founded in 2020, Onlygood.ai claims to simplify carbon management and sustainability reporting for businesses. Its platform helps companies measure, track, and reduce their carbon footprints.The funding will help the company expand its operations in India, the Middle East, and Europe, besides bolstering its R&D plans and team expansion.