ESG SaaS platform sentra.world raises $2 million

CHENNAI: sentra.world, a technology platform helping industrial businesses on their path to net zero, has raised a seed funding of $2 million (around Rs 16 crore). The funding round was led by Avaana Capital with participation from RPG Ventures and Golden Sparrow Ventures.

The funding will help drive global expansion, platform development and sectoral intelligence enhancement in India, the Middle East, Southeast Asia, and beyond.

sentra.world helps companies manage GHG emissions of their own operations, of their suppliers (scope 3), and at the holding company level through its products sentra.calculus, sentra.network and sentra.portfolio respectively. With sector-specific measurement approaches, simulations for emissions reduction, dashboards for global reporting standards and other gamified data reporting, the platform helps companies reduce carbon footprint and contribute to a sustainable future.

The product also provides a green rating to suppliers, giving them a new value proposition and enabling procurement functions of buyers to find the right suppliers for their net zero journey.