StepChange
Carbon, ESG & Climate Risk Management
Mumbai, India · Founded 2024
- Headquarters
- Mumbai
- Employees
- 11–50
- Founded
- 2024
- Business Model
- B2B
- Website
- stepchange.earth
- Last Round
- SeedJan 2025
- Rounds
- 1
About
StepChange (stepchange.earth) is a climate-tech software platform functioning as an ERP-style system of record for corporate sustainability, spanning three areas: Carbon Management (Scope 1, 2, and 3 emissions accounting), ESG Intelligence (operational ESG and vendor/supply-chain management), and Climate & Nature Risk assessment, plus sustainable-finance and advisory services. It is led by co-founders Ankit Jain (CEO, formerly CEO of Ola Electric, ex-McKinsey/Accel, IIT Bombay + MIT Sloan) and Dr. Sidhant Pai (Chief Science Officer, PhD in Atmospheric Modeling from MIT, ex-Columbia Climate School postdoc). The company serves large enterprises and financial institutions in India — including State Bank of India, Mahindra Group, Brigade Group, ICICI Bank, and HDFC Bank — helping them embed ESG metrics and climate-risk data into commercial decisions. StepChange runs on a team of 40+ engineers, scientists, and domain experts and has raised approximately $5.55M across multiple rounds from investors including GFC, Beenext, and Speciale Invest.
Summary
StepChange is a Climate Tech company based in Mumbai, India, founded in 2024. Its most recent funding was a Seed round in Jan 2025. Investors include BEENEXT, Global Founders Capital and Mars Shot Ventures.
Tech & App Stack
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Funding History
Jan 2025
Investors
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