StepChange funding, investors and company details

StepChange is an emerging ESG startup from Bengaluru, working in the space of Climate tech / ESG software and sustainability analytics. Founded by Ankit Jain, Sidhant Pai.

Company: StepChange Inc.
Sector: ESG
Location: Bengaluru
Founders: Ankit Jain, Sidhant Pai
Total funding raised: ₹8.34 Cr

Company overview

StepChange is a climate-tech and sustainability intelligence company, that provides integrated ESG and climate risk solutions to banks and non-banking financial institutions. The company offers a technology platform that enables organizations to track ESG metrics, measure Scope 1, 2 and 3 emissions, and quantify financed emissions across lending and investment portfolios. Its science-based analytics tools help financial institutions assess climate risks, run scenario analysis, and align strategies with global net-zero commitments. StepChange supports compliance with leading sustainability frameworks and reporting standards, improving transparency and credibility in disclosures. The platform also assists in embedding climate intelligence into credit decision-making and portfolio management. By combining carbon accounting, climate analytics, and regulatory reporting in one integrated system, StepChange helps institutions transition toward sustainable and climate-resilient business models.

Funding rounds

Latest round: $ 1.00 Mn (₹8.34 Cr.), 2024-03-01. Investors: Flourish Ventures