Carbon Masters India Pvt Ltd, a Bengaluru-based climate-tech startup, has bagged undisclosed fresh funding led by Schneider Electric Energy Access Asia (SEEAA), Sangam Ventures, and IAN Group. The round also welcomed investments from Sriram Sankaran of Synchron Group and Muthu Murugappan from the Murugappa Group. New members have joined the board post-investment, bringing in industry expertise and strong sectoral guidance.
What Does Carbon Masters Do?
Founded by Som Narayan and Kevin Houston, Carbon Masters deals in converting organic waste into clean, renewable energy and organic manure. Their products are marketed under the popular Carbonlites brand. The company takes solid municipal waste destined for landfills and transforms it into compressed biogas (CBG) and bio-enriched fertiliser, turning waste into gold for both energy and farming sectors in India.
Scalable Clean Energy Solutions
Carbon Masters runs its operations through Special Purpose Vehicles (SPVs) and joint ventures. Its flagship partnership with Hasiru Dala Innovations operates an authorised wet waste processing unit in Bengaluru, which is rare in the city. The plant has the nod to inject biomethane directly into India’s gas pipeline, a major step towards cleaner kitchens and reduced fossil fuel usage in homes, hotels, industries, and transport fleets.
Expansion Plans and Next Phase
Thanks to the new capital, the company plans to:
- Scale up Carbonlites CBG production
- Expand its bio-enriched fertiliser offerings
- Strengthen teams across sales, research, and marketing
- Boost efficiency in current operations
The funds will also help Carbon Masters prepare for its next equity round, with Ostara Advisors serving as transaction bankers. The goal: to finance five new SPVs and further speed up India’s switch to sustainable energy.
Impact Across Multiple States
At present, Carbon Masters operates five CBG plants across Karnataka, Telangana, and Tamil Nadu. These units handle over 36,000 tonnes of waste each year, helping Indian cities reduce landfill, cut emissions, and supply clean fuel. Their bio-manure also supports Indian farmers, improving soil fertility and crop yields—proving that green tech can power both cities and rural fields.
