Sustainiam selected by Greenr Sustainability Accelerator
Backed by Ikea and Visa Foundations, Greenr Sustainability Accelerator has selected Sustainiam, a Bangalore-based climate-tech start-up, to scale up its innovative climate solutions, enhancing sustainability through the programme.
According to the press statement, Sustainiam was chosen from among 600 global candidates, for its innovative carbon economy solutions and carbon credit certification.
It adds that the Greenr Sustainability Accelerator Programme scales up green start-ups by providing knowledge, capital, and markets.
The statement adds that the first cohort, launched in June 2023, worked with over 130 startups, raising USD 5 million in funding. In the second cohort, Sustainiam joins over 150 startups dedicated to mitigating India’s environmental crisis.
“We are honoured to be selected by Greenr Sustainability Accelerator. This recognition not only validates our commitment to combating climate change but also accelerates our mission to drive innovation in sustainability. The support from the program, Ikea Foundation and Visa Foundation, which includes invaluable guidance, market access, and funding opportunities, will be instrumental in scaling our solutions and making a global impact. Greenr’s assistance in building strategic insights, securing financing, and fostering a community of peers will empower us to elevate our initiatives and drive significant progress in the sustainability sector,” says Sapna Nijhawan, Founder and CEO of Sustainiam.
“In order to mitigate extreme climate impact and its devastating effects on people’s livelihoods, businesses will have no option but to change the ways in which they operate across the value chain, right down to product and service distribution, while we as consumer re-evaluate our lifestyles. With Greenr, we look towards a greater understanding of the interventions required to scale green businesses, who hold the power to economic and ecological sustainability, if provided the right support. We also hope to unlock innovation through their products and services, value through greater awareness and customer adoption as well as financing. We also hope to unlock innovation through their products and services, value through greater awareness and lastly, financing,” says Ajay Menon, Program Director, Greenr Sustainability Accelerator.