Pune: Schneider Electric Energy Access Asia (SEEAA), the impact investment platform of Schneider Electric, has reinforced its commitment to sustainable innovation with a follow-on investment in Carbon Masters, a Bangalore-based climate-tech company.
The funding will enable Carbon Masters to expand biomethane production, strengthen its bio-manure portfolio, and enhance operational efficiency.
At full scale, Carbon Masters’ solutions are expected to eliminate nearly 270,000 tons of CO₂ emissions annually by 2030, supporting India’s low-carbon transition. As part of the deal, Vikram Raman, representing Schneider Electric Energy Access Asia, and Sriram Shankaran will join the Carbon Masters board.
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Schneider Electric Energy Access Asia Focuses on Climate-Tech Partnerships
The renewed investment highlights SEEAA’s strategy of backing high-impact businesses that align with its mission to accelerate the clean energy transition. Carbon Masters has developed innovative bio-CNG alternatives to fossil fuels and organic substitutes for chemical fertilizers, delivering measurable social, environmental, and industrial benefits.
Deepak Sharma, Zone President – Greater India and MD & CEO, Schneider Electric India, stated:
“Transforming the future of energy requires more than ambition—it demands action, innovation, and partnerships that scale impact. Through Schneider Electric Energy Access Asia, we are proud to support Carbon Masters, whose integrated approach to waste-to-energy and sustainable agriculture is driving systemic change for a circular, low-carbon economy.”
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Carbon Masters Strengthens Growth Path
Som Narayan, CEO and Co-founder of Carbon Masters, expressed confidence in the company’s trajectory: “With this infusion of capital, we aim to further improve operational efficiency, sustain high margins at unit level, and prepare for our next growth phase. Our progress positions us to accelerate India’s low-carbon journey while helping customers meet their net zero targets.”
Schneider Electric Energy Access Asia’s Regional Impact
Since its establishment in 2019, Schneider Electric Energy Access Asia has invested in 13 startups across South and Southeast Asia. Collectively, these companies have helped avoid 1.7 million tons of CO₂ emissions and generated over 1,200 green jobs.
The latest funding round also saw participation from Sangam Ventures, Indian Angel Network, and individual investors including Sriram Shankaran, Managing Director of Synchron Group, and Muthu Murugappan, CEO of Murugappa Group.
Gilles Vermot Desroches, Senior Vice President of Corporate Citizenship at Schneider Electric, emphasized: “Investing in green technology solutions across sectors, particularly clean energy, creates long-term benefits for society. Schneider Electric Energy Access Asia plays a vital role in empowering startups that are shaping the future of sustainable business.”
