Climate-tech startup Climes raises $1.2 M from Sequoia Capital India, Kalaari, others

Climate-tech company Climes has raised USD 1.2 million led by Sequoia Capital India, Kalaari Capital, Nithin Kamath (Fpunder of Zerodha) and Avaana Capital. Other investors who participated in the round include Keshav Reddy (Reddy Futures), Arjun Gupta (Smart Joules), Akshay Singhal (Log9 Materials), and Satyen Kothari (Cube Wealth), and Anshuman Bapna (Terra.do) from Stanford Angels. Climes offers solutions to make consumers aware of their carbon-footprint and partners with brands to help their customers carbon-neutralise their transactions. It plans to use the capital to expand brand synergies with fashion, food, travel, beauty, and personal care industry; upgrade technology to enable quick adoption of climate solutions in India and for transparent measurement and reporting of impact.