Schneider Electric Invests in Carbon Masters for Clean Energy

Schneider Electric, the global leader in the digital transformation of energy management and automation, has deepened its commitment to climate innovation with a follow-on investment in Carbon Masters, a pioneering climate-tech venture based in Bangalore. This strategic investment, made through Schneider Electric Energy Access Asia (SEEAA), underscores the company’s mission to accelerate the transition to a low-carbon future. At full scale, Carbon Masters’ solutions are expected to eliminate approximately 270,000 tons of CO₂ emissions annually by 2030, marking a significant step toward decarbonization.

SEEAA’s renewed investment reflects a strong synergy between its impact-driven strategy and Carbon Masters’ impressive growth trajectory. By replacing fossil fuels with bio-CNG and promoting organic alternatives to chemical fertilizers, Carbon Masters has consistently delivered tangible social and environmental benefits—driving sustainable change at both grassroots and industrial levels.

Underlining the significance of backing eco-conscious businesses, Deepak Sharma, Zone President - Greater India, MD & CEO, Schneider Electric India said, “Transforming the future of energy requires more than ambition—it demands action, innovation, and partnerships that scale impact. At Schneider Electric, we are committed to empowering climate-tech pioneers who are turning bold ideas into real-world solutions. Through Schneider Electric Energy Access Asia, we’re proud to back Carbon Masters, whose integrated approach to waste-to-energy and sustainable agriculture is driving measurable progress toward a circular, low-carbon economy. Their work exemplifies the kind of systemic change we need to build a more resilient and sustainable India."

Som Narayan, CEO & Co-founder of Carbon Masters, said: "We are thrilled to have the continued support of our investors, which validates our business model and growth trajectory. I am proud to share that we are already EBITDA-positive across majority of our operating units and turned PAT-positive in FY 2024–2025. With this infusion of capital, we aim to further improve operational efficiency, consistently deliver high operating margins at each unit level and strategically prepare for our next phase of scale. This positions us well to accelerate India’s transition to a low-carbon economy while helping our customers achieve their net zero ambitions."

The investment in Carbon Masters underscores Schneider Electric’s commitment to clean energy and sustainable innovation in the region. Gilles Vermot Desroches, Senior Vice President of Corporate Citizenship at Schneider Electric, stated, “Schneider Electric believes that investing in green technology solutions across all sectors, particularly clean energy, creates lasting and sustainable impacts on all layers of society. Simultaneously, comprehensive investments in startups empower the next generation of businesses, helping them become impact makers just as Schneider Electric has been creating sustainable impacts in the renewable energy sector”.

Established in 2019, SEEAA has backed 13 startups across South and Southeast Asia, collectively avoiding 1.7 million tons of CO2 emissions and creating over 1,200 green jobs. 

The funding round also saw participation from Sangam Ventures, Indian Angel Network, and notable individual investors including Sriram Shankaran, Managing Director of Synchron Group, and Muthu Murugappan, CEO of Murugappa Group. As part of the deal, Vikram Raman, representing SEEAA, and Sriram Shankaran will join the board of Carbon Masters.