Fitsol, a cutting-edge decarbonization platform tailored for the manufacturing industry, has successfully raised $1 million in its seed funding round led by Transition VC. The fresh capital will fuel growth in three critical areas: technology enhancement, talent acquisition, and operational expansion.
Scaling Kyoto’s AI Capabilities
Fitsol plans to channel a significant portion of the funds into upgrading its AI-driven platform, Kyoto. Enhancements will include advanced analytics and modules for lifecycle assessments and product carbon footprint calculations, empowering manufacturers to measure better and reduce emissions.
Strategic Expansion
Fitsol intends to build a high-performing team to support its rapid growth, focusing on technology development, business expansion, and customer success. This will strengthen its ability to meet the increasing demand for decarbonization solutions in the manufacturing sector.
End-to-End Sustainability Solutions
Founded in 2022 by Anand Pathak, Akshay Tandon, Manoj Sharma, Sunil Bansal, and Vikas Kalra, Fitsol provides manufacturers with tools to measure, report, benchmark, and reduce carbon emissions. The company’s Kyoto platform tracks emissions across Scope 1, 2, and 3, while its sustainability marketplace offers services such as:
- Green logistics
- Sustainable packaging
- Eco-friendly procurement
- Waste management
- Carbon offsetting services
This comprehensive approach simplifies the journey toward achieving net-zero targets.
Cost-Efficient Sustainability
Fitsol has debunked the myth that sustainability comes at a high cost. Through its projects, the company claims to deliver 15–20% cost savings while reducing emissions, showcasing the financial viability of decarbonization.
Industry Impact and Partnerships
Fitsol’s innovative solutions have attracted an impressive clientele, including JK Tyre, JBM Group, Rockman Industries, Hindware, Musashi, and Penguin Random House India. Additionally, it plays a pivotal role in the supply chains of leading automotive brands such as Mahindra, Suzuki, Hero, Royal Enfield, OLA Electric, and Ather.
With this new funding, Fitsol is well-positioned to lead the decarbonization movement in manufacturing, proving that sustainability and profitability can go hand in hand.