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SafEarth secures 35 million funding round – Times of India

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SafEarth announced the completion of its recent funding round of 35 million (Rs 3.5 crore). The funding was led by Anthill Ventures, Third Derivative and Mumbai Angels. This investment will fuel SafEarth’s product development initiatives and support its expansion into new industrial belts across the country.
SafEarth has helped industries reduce their carbon emissions by shifting from thermal power to solar energy at scale. It has completed over 100 completed industrial solar projects and a deployed capacity of 171MW, SafEarth has enabled the saving of over 300,000 tonnes of carbon emissions. The company has collaborated with other companies like Toyota Technopark, Everest Industries, Ather Energy, and Mondelez India, and has facilitated 50 crore savings above industry averages during the transition to solar energy. Moreover, the platform has generated business worth over Rs 800 crores for solar installers.
SafEarth’s marketplace streamlines clean energy procurement process for industries, reducing time by 50%, cost by 10%, and errors to zero, resulting in over 20% increased project returns. Then, their project management automation tool, Solar Flow, ensures efficient implementation and quality assurance. Furthermore, Solar Flow monitors electricity consumption in real-time, offering recommendations for reducing costs and achieving sustainable long-term savings. SafEarth’s capabilities empower industries to embrace solar energy and drive environmental sustainability.
The company offers a comprehensive suite of products powered by their advanced tech stack. The platform uses data driven insights to map out an industry’s electricity consumption and design the perfect solar plant to optimise its energy usage. SafEarth then implements these projects through a network of pre-screened execution partners. Their Solar Flow tool ensures flawless execution of projects, resulting in a 0% failure rate and helping them exceed generation guarantees. SafEarth then monitors their client’s energy consumption in real time to enable continuous optimization, empowering businesses to achieve significant energy savings, reduce carbon emissions, and contribute to a sustainable future. SafEarth’s innovative tech stack drives impactful solutions for a cleaner environment.

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