Schneider Electric, a global leader in the digital transformation of energy management and automation, has reinforced its climate innovation strategy through a follow-on investment in Carbon Masters, a pioneering climate-tech venture based in Bangalore. The investment, made via Schneider Electric Energy Access Asia (SEEAA), highlights the company’s long-term commitment to accelerating the global transition to a low-carbon future.
At scale, Carbon Masters’ solutions are projected to eliminate approximately 270,000 tons of CO₂ emissions annually by 2030, representing a major contribution to India’s decarbonization goals.
Driving Sustainable Growth Through Clean Energy
SEEAA’s renewed investment emphasizes the alignment between its impact-driven strategy and Carbon Masters’ strong growth trajectory. By displacing fossil fuels with bio-CNG and advancing organic alternatives to chemical fertilizers, Carbon Masters has created measurable social, environmental, and industrial benefits—paving the way for systemic sustainability at grassroots levels.
Highlighting the importance of investing in climate-tech innovators, Deepak Sharma, Zone President – Greater India, MD & CEO, Schneider Electric India, said:
“Transforming the future of energy requires more than ambition—it demands action, innovation, and partnerships that scale impact. At Schneider Electric, we are committed to empowering climate-tech pioneers who are turning bold ideas into real-world solutions. Through Schneider Electric Energy Access Asia, we’re proud to back Carbon Masters, whose integrated approach to waste-to-energy and sustainable agriculture is driving measurable progress toward a circular, low-carbon economy. Their work exemplifies the kind of systemic change we need to build a more resilient and sustainable India.”
Carbon Masters on Track for Scalable Growth
Expressing confidence in the company’s business model, Som Narayan, CEO & Co-founder of Carbon Masters, said:
“We are thrilled to have the continued support of our investors, which validates our business model and growth trajectory. I am proud to share that we are already EBITDA-positive across majority of our operating units and turned PAT-positive in FY 2024–2025. With this infusion of capital, we aim to further improve operational efficiency, consistently deliver high operating margins at each unit level and strategically prepare for our next phase of scale. This positions us well to accelerate India’s transition to a low-carbon economy while helping our customers achieve their net zero ambitions.”
Schneider Electric’s Broader Sustainability Vision
The investment also reinforces Schneider Electric’s philosophy of nurturing clean energy ecosystems through strategic partnerships. Gilles Vermot Desroches, Senior Vice President of Corporate Citizenship at Schneider Electric, noted:
“Schneider Electric believes that investing in green technology solutions across all sectors, particularly clean energy, creates lasting and sustainable impacts on all layers of society. Simultaneously, comprehensive investments in startups empower the next generation of businesses, helping them become impact makers just as Schneider Electric has been creating sustainable impacts in the renewable energy sector”.
Expanding the Climate-Tech Investment Network
Since its inception in 2019, SEEAA has invested in 13 startups across South and Southeast Asia, collectively preventing 1.7 million tons of CO₂ emissions and creating over 1,200 green jobs.
The latest funding round also attracted participation from Sangam Ventures, Indian Angel Network, and individual investors such as Sriram Shankaran, Managing Director of Synchron Group, and Muthu Murugappan, CEO of Murugappa Group. As part of the deal, Vikram Raman (SEEAA) and Sriram Shankaran will join Carbon Masters’ board.
With this strategic backing, Carbon Masters is set to accelerate its contribution to India’s net zero ambitions, while Schneider Electric continues to solidify its role as a global leader in sustainable innovation and clean energy transformation.
