In the vibrant tech landscape of Bangalore, Siddhanth Jayaram emerges as a catalyst for climate-conscious change with Climes.io, a pioneering climate finance startup. With a profound commitment to environmental sustainability, Climes.io offers brands and companies a unique avenue to embrace eco-friendly practices while engaging with customers. The startup’s innovative approach allows consumers to opt for environmentally friendly products by paying a small premium, facilitated seamlessly through Climes’s plug-and-play API, seamlessly integrated at check-out venues.
What sets Climes.io apart is its transformative impact on climate change mitigation in India. The platform directs the additional funds collected to verified projects focused on reducing carbon emissions and addressing climate change challenges. In a significant milestone, Climes.io secured $1.2 million in funding last year from esteemed investors, including Sequoia Capital India and Kalaari Capital.
Among the prominent brands affiliated with Climes.io are MakeMyTrip, TEDx, Zingbus, Wedding Brigade, and several others in the pipeline. This burgeoning ecosystem not only positions brands as climate leaders within their categories but also signifies a collective commitment to sustainable business practices.
Siddhanth Jayaram articulates the vision behind Climes.io’s recent funding, emphasizing the pivotal role of building robust digital infrastructure and designing incentives for a transparent and impactful flow of funds. The startup’s unique proposition lies in its ability to turn consumer-facing brands climate-positive swiftly, fostering a tangible impact on global carbon mitigation.
Looking ahead, Climes.io’s strategic allocation of capital involves expanding integrations across diverse sectors, such as fashion, food, travel, beauty, and personal care. Simultaneously, the tech-stack will undergo expansion to facilitate the swift onboarding of high-quality climate solutions within India. The company envisions leveraging technology to measure and report climate impact transparently, establishing Climes.io as a beacon for genuine climate action.
Siddhanth Jayaram encapsulates the essence of Climes.io’s mission with a straightforward climate plan: ‘Cut what you can, neutralize what you can’t.’ This philosophy underscores the dual strategy of reducing avoidable emissions through eco-friendly operations while neutralizing unavoidable emissions via platforms like Climes.io. As Jayaram propels Climes.io towards its vision of climate positivity, his leadership underscores the transformative role tech startups can play in addressing pressing global challenges. Climes.io is not just a platform; it’s a testament to the power of technology harnessed for a sustainable and resilient future.