Fitsol, a manufacturing-focused decarbonization platform, raised $1 million from Transition VC in its initial funding round.
The money raised will be utilized to accelerate expansion in three important areas. In order to provide advanced analytics and modules for lifecycle assessments and product carbon footprints, it will invest in improving Kyoto’s AI capabilities. Additionally, it intends to grow by bringing on top talent in customer success, business development, and technology.
Fitsol was founded in 2022 by Anand Pathak, Akshay Tandon, Manoj Sharma, Sunil Bansal, and Vikas Kalra. With its AI-powered platform, Kyoto, and an extensive sustainability marketplace, Fitsol helps manufacturers to measure, report, benchmark, and actively reduce their carbon emissions.
The marketplace streamlines the process of reaching net-zero targets by providing solutions like eco-friendly procurement, waste management, carbon offsetting services, sustainable packaging, and green logistics, while Kyoto monitors emissions across Scopes 1, 2, and 3.
Its end-to-end strategy also proves that it is financially feasible. By claiming to have achieved cost savings of 15–20% across its carbon reduction projects, it has dispelled the industry’s belief that sustainability is unaffordable.
The company supplies major automakers like Mahindra, Suzuki, Hero, Royal Enfield, OLA Electric, and Ather, and it serves industry heavyweights like JK Tyre, JBM Group, Rockman Industries, Hindware, Musashi, and Penguin Random House India.
