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.