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Climate tech startup Fitsol raises $1 Mn in seed round

Entrackr · 2d

Fitsol, a decarbonization platform designed for the manufacturing industry, has raised $1 million in its seed round from Transition VC. The proceeds will be used to ramp up growth across three key areas. It will invest in enhancing Kyoto’s AI capabilities to offer advanced analytics and modules for lifecycle assessments and product carbon footprints. It also plans to expand its operations by hiring top talent in technology, business development, and customer success. Founded in 2022 by Anand Pathak, Akshay Tandon, Manoj Sharma, Sunil Bansal, and Vikas Kalra, Fitsol enables manufacturers to measure, report, benchmark, and actively reduce their carbon emissions through its AI-driven platform, Kyoto, and a comprehensive sustainability marketplace. While Kyoto tracks emissions across Scope 1, 2, and 3, the marketplace offers solutions such as green logistics, sustainable packaging, eco-friendly procurement, waste management, and carbon offsetting services—streamlining the path to achieving net-zero targets. Its end-to-end approach also demonstrates its financial viability. It claims to have delivered 15–20% cost savings across its carbon reduction projects, shattering the industry’s misconception that sustainability is prohibitively expensive. The firm caters to industry leaders like JK Tyre, JBM Group, Rockman Industries, Hindware, Musashi, and Penguin Random House India, while also playing a crucial role in the supply chains of major automotive brands such as Mahindra, Suzuki, Hero, Royal Enfield, OLA Electric, and Ather.