Climate tech startup Prithu raises Rs 10 crore in funding round

New Delhi, Apr 29 (PTI) Climate technology startup Prithu has raised Rs 10 crore in a funding round led by Transition VC to scale its carbon removal platform focused on nature-based solutions.
     The Gurugram-based company will utilise the fresh capital to accelerate its on-ground operations, onboard smallholder farmers, and strengthen its blockchain-powered digital monitoring, reporting, and verification (MRV) infrastructure.
     The funds will also be deployed to expand commercialisation efforts through long-term offtake agreements with global buyers, the company said in a statement.
     Founded in 2024, Prithu focuses on enabling high-integrity carbon removal through regenerative agriculture practices. The startup aims to capture 20 million tonnes of CO2 emissions by 2030.
     "We are combining regenerative agriculture, carbon removal, and blockchain-powered transparency to address India's soil carbon depletion crisis, while enabling farmers to participate meaningfully in global climate markets," Prithu co-founder and CEO Sunny Vaish said.
     Backed by this new investment, Prithu plans to expand its nature-based projects across 5 lakh hectares over the next 12 to 24 months, secure international partnerships, and explore new geographies.

(This story has not been edited by THE WEEK and is auto-generated from PTI)