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Onlygood.ai Raises Funds From Daimler India, IIT Madras To Strengthen Its ESG Stack

  • Gurugram-based carbon management platform Onlygood.ai has raised INR 4 Cr in seed funding from IIT Madras Incubation Cell (IITMIC), Goel Group, and Daimler India Commercial Vehicles (DICV).
  • The funding will support the company's expansion in India, the Middle East, and Europe, as well as its R&D plans and team growth.
  • Onlygood.ai specializes in simplifying carbon management and sustainability reporting for businesses, helping them measure, track, and reduce their carbon footprints.
  • The company aims to enter the European market by the end of this year and plans to raise $8-10 Mn in Series A funding in 2025 for global growth.

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