In a world where sustainability is becoming a top priority, a Bengaluru-based climate tech startup, GreenStitch, is leading the charge to transform the fashion and textile industry. The
In a world where sustainability is becoming a top priority, a Bengaluru-based climate tech startup, GreenStitch, is leading the charge to transform the fashion and textile industry. The company has successfully raised $1.2 million in a seed funding round, with backing from some major investors, including Equirus InnovateX Fund, Ivycap Ventures, and Warmup Ventures. The funding also saw participation from prominent angel investors like Anshuman Bapna, Sumit Jain, and Pankaj Vermani.
GreenStitch’s mission? To bridge the significant gap in the fashion supply chain when it comes to tracking and reducing carbon emissions. The startup offers a cutting-edge SaaS platform that uses AI and machine learning to help businesses calculate their Scope 3 greenhouse gas emissions and adopt more sustainable practices across their operations.
In this article, we’ll explore how GreenStitch is reshaping the fashion industry’s environmental impact, and why this $1.2 million funding round is a game-changer for climate-conscious businesses worldwide.
GreenStitch is a climate tech startup founded in 2022 by Narendra Makwana and Arpit Samdani. The company focuses on the fashion and textile industry, a sector known for its significant environmental impact. From water waste to carbon emissions, the fashion industry has long struggled with its environmental footprint. GreenStitch aims to change that by providing a platform that helps businesses track their carbon emissions throughout the entire production lifecycle.
So how does GreenStitch make this possible?
The company’s SaaS platform integrates seamlessly with existing business systems such as ERP (Enterprise Resource Planning) and PLM (Product Lifecycle Management). By collecting and analyzing data from various stages of the supply chain, the platform identifies gaps in the information, particularly when it comes to carbon emissions.
Using artificial intelligence (AI) and machine learning, GreenStitch fills these gaps, providing accurate and reliable Scope 3 greenhouse gas (GHG) emissions data. This is crucial because Scope 3 emissions refer to indirect emissions, including the entire supply chain, which are often the hardest to track but make up the majority of a company’s total emissions.
In an era of rising environmental regulations, GreenStitch’s platform helps businesses meet new climate mandates and avoid the financial and legal risks associated with non-compliance.
The fashion industry has long been under scrutiny for its environmental impact, with carbon emissions being a significant contributor to global climate change. GreenStitch’s technology tackles this problem by helping fashion and textile companies calculate, track, and reduce their carbon footprints in a data-driven, actionable way.
What makes GreenStitch’s approach stand out is its focus on decarbonization at the design stage. By using predictive modeling, the platform helps businesses understand how their design choices and supplier decisions impact carbon emissions. This early insight enables companies to implement sustainable practices before production begins, making it easier to adopt green solutions without disrupting their processes.
As new climate regulations become stricter, GreenStitch’s platform offers companies a streamlined way to stay compliant, track their emissions, and ultimately become part of the solution to the fashion industry’s pollution problem.
Since its inception, GreenStitch has already made significant strides in the industry. The startup currently serves more than 20 customers across six countries, and its revenue is split between India (58%) and international markets. With this latest funding, GreenStitch plans to rapidly expand its customer base, aiming to onboard 100 more companies in the next year alone.
The need for solutions like GreenStitch is only growing as eco-conscious consumers push for more sustainable products and governments impose tighter regulations on the carbon output of businesses. GreenStitch’s platform allows fashion brands to become more transparent about their environmental impact while offering consumers a way to align their purchases with their values.
At the core of GreenStitch’s platform is data-driven decarbonization. By providing tools to not only calculate emissions but also predict how changes in the supply chain impact a company’s overall carbon footprint, GreenStitch allows businesses to take proactive action.
This is more than just tracking emissions—it’s about making sustainable choices at every level, from design to sourcing to production. GreenStitch gives companies the tools they need to make data-backed decisions that can lead to real, measurable reductions in their carbon emissions.
As millennials and Gen Z become increasingly aware of the environmental impact of their purchases, brands are under pressure to deliver eco-friendly products. GreenStitch provides the solution to track that impact and improve the sustainability of the entire supply chain, meeting both consumer demand and regulatory requirements.
GreenStitch’s platform comes at a critical time for the fashion industry. With growing consumer demand for sustainable products and tightening environmental regulations, businesses are under immense pressure to track and reduce their carbon emissions. This is where GreenStitch comes in, offering a robust, AI-powered tool that makes the entire process easier and more effective.
The startup’s approach of providing real-time insights into emissions data and sustainability practices allows companies to adopt sustainable strategies from the very beginning of the design process. This means that businesses can reduce waste, improve efficiency, and ultimately lessen their environmental footprint, all while staying competitive in a rapidly evolving market.
GreenStitch’s $1.2 million seed funding is a crucial step in scaling the company’s operations and technology. With this capital, GreenStitch plans to:
This funding round also signifies that investors are starting to take notice of the growing demand for climate tech solutions. As fashion brands increasingly look to reduce their carbon footprints and meet regulatory requirements, GreenStitch is in a prime position to lead the way with its innovative, AI-driven platform.
With a $1.2 million boost and a growing customer base, GreenStitch is on the fast track to becoming a key player in the global push for sustainable fashion. The startup’s unique combination of AI, machine learning, and data-driven decarbonization offers a tangible solution to the fashion industry’s emissions problem, providing companies with the tools they need to reduce their carbon footprints and make more eco-conscious decisions.
As the world moves toward greener, more sustainable practices, GreenStitch is helping businesses in the fashion and textile sectors stay ahead of the curve. This is just the beginning—stay tuned, because GreenStitch is about to change the way fashion thinks about climate impact.
