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Schneider Electric Energy Access Asia Boosts Clean Energy with Follow-on Investment in Carbon Masters
The funding from Schneider Electric will help Carbon Masters scale biomethane production, expand bio-manure offerings and improve operational efficiency, while SEEAA’s Vikram Raman and Sriram Shankaran will join the company’s board.
September 19, 2025. By News Bureau

Schneider Electric has deepened its commitment to climate innovation with a follow-on investment in Carbon Masters, a climate-tech venture based in Bengaluru. The investment, made through Schneider Electric Energy Access Asia (SEEAA), underscores the company’s mission to accelerate the transition to a low-carbon future. At full scale, Carbon Masters’s solutions are expected to eliminate approximately 270,000 tonnes of CO₂ emissions annually by 2030.
SEEAA’s investment reflects a synergy between its impact-driven strategy and Carbon Masters’s growth trajectory. By replacing fossil fuels with bio-CNG and promoting organic alternatives to chemical fertilisers, Carbon Masters has consistently delivered tangible social and environmental benefits—driving sustainable change at both grassroots and industrial levels.
Underlining the significance of backing eco-conscious businesses, Deepak Sharma, Zone President—Greater India, MD and CEO, Schneider Electric India, said, “Transforming the future of energy requires more than ambition—it demands action, innovation and partnerships that scale impact. At Schneider Electric, we are committed to empower climate-tech pioneers who are turning bold ideas into real-world solutions. Through Schneider Electric Energy Access Asia, we’re proud to back Carbon Masters, whose integrated approach to waste-to-energy and sustainable agriculture is driving measurable progress towards a circular, low-carbon economy. Their work exemplifies the kind of systemic change we need to build a more resilient and sustainable India."
The funding round also saw participation from Sangam Ventures, Indian Angel Network and individual investors including Sriram Shankaran, Managing Director, Synchron Group and Muthu Murugappan, CEO, Murugappa Group. As part of the deal, Vikram Raman, representing SEEAA and Sriram Shankaran will join the board of Carbon Masters.
Som Narayan, CEO and Co-Founder, Carbon Masters, said, "We are thrilled to have the continued support of our investors, which validates our business model and growth trajectory. I am proud to share that we are already EBITDA-positive across majority of our operating units and turned PAT-positive in FY 2024-2025. With this infusion of capital, we aim to further improve operational efficiency, consistently deliver high-operating margins at each unit level and strategically prepare for our next phase of scale. This positions us well to accelerate India’s transition to a low-carbon economy while helping our customers achieve their net zero ambitions."
The investment in Carbon Masters underscores Schneider Electric’s commitment to clean energy and sustainable innovation in the region.
Gilles Vermot Desroches, Senior Vice President—Corporate Citizenship, Schneider Electric, stated, “Schneider Electric believes that investing in green technology solutions across all sectors, particularly clean energy, creates lasting and sustainable impacts on all layers of society. Simultaneously, comprehensive investments in startups empower the next generation of businesses, helping them become impact makers just as Schneider Electric has been creating sustainable impacts in the renewable energy sector.”
SEEAA’s investment reflects a synergy between its impact-driven strategy and Carbon Masters’s growth trajectory. By replacing fossil fuels with bio-CNG and promoting organic alternatives to chemical fertilisers, Carbon Masters has consistently delivered tangible social and environmental benefits—driving sustainable change at both grassroots and industrial levels.
Underlining the significance of backing eco-conscious businesses, Deepak Sharma, Zone President—Greater India, MD and CEO, Schneider Electric India, said, “Transforming the future of energy requires more than ambition—it demands action, innovation and partnerships that scale impact. At Schneider Electric, we are committed to empower climate-tech pioneers who are turning bold ideas into real-world solutions. Through Schneider Electric Energy Access Asia, we’re proud to back Carbon Masters, whose integrated approach to waste-to-energy and sustainable agriculture is driving measurable progress towards a circular, low-carbon economy. Their work exemplifies the kind of systemic change we need to build a more resilient and sustainable India."
The funding round also saw participation from Sangam Ventures, Indian Angel Network and individual investors including Sriram Shankaran, Managing Director, Synchron Group and Muthu Murugappan, CEO, Murugappa Group. As part of the deal, Vikram Raman, representing SEEAA and Sriram Shankaran will join the board of Carbon Masters.
Som Narayan, CEO and Co-Founder, Carbon Masters, said, "We are thrilled to have the continued support of our investors, which validates our business model and growth trajectory. I am proud to share that we are already EBITDA-positive across majority of our operating units and turned PAT-positive in FY 2024-2025. With this infusion of capital, we aim to further improve operational efficiency, consistently deliver high-operating margins at each unit level and strategically prepare for our next phase of scale. This positions us well to accelerate India’s transition to a low-carbon economy while helping our customers achieve their net zero ambitions."
The investment in Carbon Masters underscores Schneider Electric’s commitment to clean energy and sustainable innovation in the region.
Gilles Vermot Desroches, Senior Vice President—Corporate Citizenship, Schneider Electric, stated, “Schneider Electric believes that investing in green technology solutions across all sectors, particularly clean energy, creates lasting and sustainable impacts on all layers of society. Simultaneously, comprehensive investments in startups empower the next generation of businesses, helping them become impact makers just as Schneider Electric has been creating sustainable impacts in the renewable energy sector.”
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