Schneider Electric Energy Access Asia backs Bengaluru-based Carbon Masters with follow-on investment to boost clean energy transition

Schneider Electric on Friday said that due to its commitment to climate innovation, it has decided to invest again in Bengaluru-based climate-tech venture Carbon Masters. The funding, made through Schneider Electric Energy Access Asia (SEEAA), will help scale biomethane production, expand bio-manure offerings, and enhance operational efficiencies.

"SEEAA’s renewed investment reflects a strong synergy between its impact-driven strategy and Carbon Masters’ impressive 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," the company said.

Carbon Masters, which produces bio-CNG as a replacement for fossil fuels and organic alternatives to chemical fertilisers, has already demonstrated strong growth and financial resilience. The company turned profitable at the PAT level in FY 2024–2025 and is EBITDA-positive across most of its operating units, said the release.

“We are thrilled to have the continued support of our investors, which validates our business model and growth trajectory,” said Som Narayan, CEO & Co-founder of Carbon Masters. “This investment enables us to improve operational efficiency, consistently deliver high margins, and strategically prepare for our next phase of scale while helping India move closer to a low-carbon future.”

Deepak Sharma, Zone President - Greater India, MD & 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 empowering 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 toward a circular, low-carbon economy. Their work exemplifies the kind of systemic change we need to build a more resilient and sustainable India."

As part of the deal, Vikram Raman, representing SEEAA, and Sriram Shankaran will join Carbon Masters’ board of directors. Schneider Electric also reiterated its global commitment to supporting businesses that pioneer clean energy and green technology solutions.

“Investing in green technology creates lasting and sustainable impacts across all layers of society,” said Gilles Vermot Desroches, Senior Vice President of Corporate Citizenship at Schneider Electric. “Carbon Masters is a great example of how clean energy innovation can benefit communities, industries, and the planet.”