EcoRatings is a company founded by second-time founders, with a prior exit record, and is focused on helping companies, Web3 Infrastructure, Governments and Quasi Government agencies in reaching their Sustainability goals through use of enterprise grade Generative AI and Blockchain technologies.
Startup Description
The startup has been founded by 2X Founders with successful prior exits. The skill mix in the Founders includes deep sustainability domain expertise, more than 15 years of web-mining and tech relating to designing, developing and maintaining Big Data and AI driven B2B SaaS applications as well as long years of experience in B2B selling both to domestic as well as international markets. The TAM is in excess of USD 39 B in US alone. The business model of B2B SaaS is highly and rapidly scalable and provides for very high gross margins at scale - providing annual recurring revenue with an anticipated 5-7 years Life Time Value of customers.
Incubations:
- Stanford Seed Spark Program
- City University of New York, NYC
- EvolveX Acclerator (WeFounderCircle)
- NVIDIA Inception Plan
- Microsoft for Startups
- SINE (an IIT Bombay organization)
- FITT (an IIT Delhi Organization)
The Company has received ISO 9001:2015 and ISO 14065:2020 certification .
The Company has also received a SEBI Category II ESG Rating Provider registration via its subsidiary (one of the total of 15 such licenses in India).
The Corporate Advisory Board consists of ex-Assistant Secretary General of UN as well as ex-CTO of TransUnion Inc. (USA) who is also a Director on the board of TransUnion CIBIL Ltd., India - with both of them based in USA. The Sales Advisory Board consists of Chair of Environment Committee of PHD Chamber of Commerce and Industry and a senior ex-FICO executive - both based in India
Business Model
B2B SaaS Business Model.
Customers
based in
North America, India, Europe
Business
Modal Type
SaaS
Type of
Sales
B2B
Competitors
C3.ai is the most notable global competitor but there are none in India with Gen AI offering focused on Sustainability domain.
Teams
Aditi Balbir
Co-Founder & CEO
Shruti Anand
Co-Founder & CGO
Tell us a bit about how founding team knows
each other.
Aditi and Aqeel knew each other professionally since 2018 through their respective companies wherein Aditi's startup V Resorts happened to be a customer of RateGain where Aqeel was the COO. They had remained in touch ever since and joined hands to launch this startup once Aditi narrated the idea to Aqeel late last year. Shruti knew Aditi professionally since 2015 as again their two respective companies had a business relationship.
Why did you decide to start this
company?
To fill the market gap of a Gen AI play for Sustainability vertical.
Are all the founders full-time on this
project?
Yes
Looking for an
opportunity to invest in companies
like EcoRatings?
