Sustainability and climate management solutions provider LogicLadder raises $2.5 million in a funding round led by Singapore-based Big Capital and Zerodha-backed venture fund Rainmatter, as per reports.

The funds will be used to expand its global footprint in South Asia and North America.

“By the next financial year, we are expecting our global revenue to contribute 40 percent and India revenue 60 percent, and then moving forward we expect the global revenue to surpass India revenue,” says cofounder and chief executive Mayank Chauhan.

“A significant portion of the new funding will be dedicated to new product augmentations and capacity expansion, ensuring our solutions remain in sync with the ever-evolving landscape of environmental compliances,” adds Chauhan.

Founded by Chauhan and Atindra Chandel in 2011, the Gurugram-based company helps firms around the world to measure, report and reduce their environmental impact.

Its software platform, The Sustainability Cloud, is used by over 950 companies, including Reliance, Adani Power, BHEL, Nestle and Maruti Suzuki to minimize environmental impact, improve operational efficiency and meet sustainability objectives.

“By continuously innovating and expanding our product suite, we aim to provide our clients worldwide with the most advanced tools and resources to address their sustainability challenges effectively and confidently across regions and industries,” Chauhan says.

Dinesh Pai, head of investments, Rainmatter says, “Measuring and tracking climate data is a complex and nuanced act. Most organizations depend on independent third-party software services to help them through this journey. LogicLadder offers a key sustainability solutionfor enterprises.”

“Climate change is now one of the biggest challenges facing us. Its scale and impact call for urgent innovative solutions to mitigate its progress and drive sustainable growth,” says Preetinder Panjarath, chief financial officer, Big Capital.