Funding · Climate, Energy & Sustainability
Rajeev Sinha launches Onlygood to help Indian manufacturers manage sustainability data
By Startup Enthusiast ·
- Date
- Company
- Onlygood
- What it does
- sustainability intelligence platform for manufacturers
- Kind
- Funding
- Amount
- over half a million dollars
- Stage
- seed
What they do
Onlygood is a platform that helps Indian manufacturers track and manage ESG and carbon data for compliance and trade
What happened
The company was founded by Rajeev Sinha, who moved from corporate consulting to build a practical solution for sustainability challenges
Why it matters
Onlygood aims to provide a data platform that allows companies to trace ESG and carbon numbers back to their sources, meeting the needs of enterprise buyers…
The details
- Rajeev Sinha, CEO and co-founder of Onlygood, launched the company to help Indian manufacturers manage sustainability data.
- Sinha moved from a career in corporate consulting at PwC, IBM, and Keane to build a practical solution for sustainability challenges.
- He noticed that Indian manufacturers lacked the tools to produce reliable ESG and carbon data, which is critical for accessing European markets.
- Onlygood was built to address the growing regulatory pressure from rules like the EU Carbon Border Adjustment Mechanism (CBAM) and the EU Digital Product Passport.
- The company's name, Onlygood, reflects its philosophy of doing good and building goodness in society.
The bigger picture
- Sustainability is becoming a critical commercial issue for Indian exporters, especially as they face new trade regulations.
- Many Indian manufacturers struggle to produce reliable ESG and carbon data, which is essential for compliance and trade.
- Onlygood aims to provide a data platform that allows companies to trace ESG and carbon numbers back to their sources, meeting the needs of enterprise buyers and auditors.
About the business
- Onlygood is a sustainability intelligence platform that helps manufacturers track and manage ESG and carbon data.
- The platform is designed to provide a practical solution for sustainability challenges faced by Indian manufacturers.
- It allows companies to trace ESG and carbon numbers back to their sources, meeting the needs of enterprise buyers and auditors.
- The platform is built to help manufacturers comply with new trade regulations like the EU Carbon Border Adjustment Mechanism (CBAM) and the EU Digital Product Passport.
- Onlygood's name and identity reflect its philosophy of doing good and building goodness in society.
The deal
- Type
- launch
Founders
- Rajeev Sinha, CEO and co-founder
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