·      Vikram Raman, representing SEEAA, and Sriram Shankaran will join the board of Carbon Masters.

Bengaluru, 19^th August 2025: Schneider Electric, the global leader in the digital transformation of energy management and automation, has deepened its commitment to climate innovation with a follow-on investment in Carbon Masters, a pioneering climate-tech venture based in Bangalore. This strategic investment, made through Schneider Electric Energy Access Asia (SEEAA), underscores the company’s mission to accelerate the transition to a low-carbon future. At full scale, Carbon Masters’ solutions are expected to eliminate approximately 270,000 tons of CO₂ emissions annually by 2030, marking a significant step toward decarbonization.

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 fertilizers, Carbon Masters has consistently delivered tangible social and environmental benefits—driving sustainable change at both grassroots and industrial levels.

Underlining the significance of backing eco-conscious businesses, 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.”

Som Narayan, CEO & Co-founder of Carbon Masters, said: “We are thrilled to have the continued support of our investors, which validates our business model and growth trajectory. I am proud to share that we are already EBITDA-positive across majority of our operating units and turned PAT-positive in FY 2024–2025. With this infusion of capital, we aim to further improve operational efficiency, consistently deliver high operating margins at each unit level and strategically prepare for our next phase of scale. This positions us well to accelerate India’s transition to a low-carbon economy while helping our customers achieve their net zero ambitions.”

The investment in Carbon Masters underscores Schneider Electric’s commitment to clean energy and sustainable innovation in the region. Gilles Vermot Desroches, Senior Vice President of Corporate Citizenship at Schneider Electric, stated, “Schneider Electric believes that investing in green technology solutions across all sectors, particularly clean energy, creates lasting and sustainable impacts on all layers of society. Simultaneously, comprehensive investments in startups empower the next generation of businesses, helping them become impact makers just as Schneider Electric has been creating sustainable impacts in the renewable energy sector”.

Established in 2019, SEEAA has backed 13 startups across South and Southeast Asia, collectively avoiding 1.7 million tons of CO2 emissions and creating over 1,200 green jobs.

The funding round also saw participation from Sangam Ventures, Indian Angel Network, and notable individual investors including Sriram Shankaran, Managing Director of Synchron Group, and Muthu Murugappan, CEO of Murugappa Group. As part of the deal, Vikram Raman, representing SEEAA, and Sriram Shankaran will join the board of Carbon Masters.

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Mumbai, 29^th April, 2025: Schneider Electric, the global leader in the digital transformation of energy management and nextgen automation,  has launched the Open Automation Movement, a bold initiative aimed at liberalizing industrial automation and making it more accessible through Open, software-defined automation. The software-driven, vendor-agnostic automation solutions from Schneider Electric enable industries to move beyond rigid, closed systems, empowering them with plug-and-play capabilities, seamless data flow, and greater operational flexibility. By embracing open automation, industries can enhance performance and agility, driving greater engineering efficiency and future-proofs operations for maximum effectiveness and innovation, marking a significant step-change in how industrial systems are designed, operated, and optimized.

This movement by Schneider Electric is a nationwide call to action, bringing together industry bodies, industry leaders, engineers, developers and other stakeholders to create greater awareness and adoption of open, software defined automation as customers strive for greater operational agility, digital transformation and sustainability acceleration in India.

Highlighting the importance of this initiative, Deepak Sharma, Zone President – Greater India, MD & CEO, Schneider Electric India, said, “The key to unlocking India’s Viksit Bharat potential lies in the bold shift towards intelligent, sustainable, and future-proof industrialization. Our call for Software-defined Open Automation is more than a technological advancement; it’s an invitation for India Inc. to break free from the limitations of the legacy systems and embrace a new era of liberalisation of industrial automation backed by interoperability, vendor independence and enabling robust data extraction. Thus, we provide the connectivity needed for advanced analytics, both at the edge and in the cloud. We believe this is the bedrock upon which India will build its thriving Industries of the Future, where software empowers unprecedented agility and scalability.”

India’s industrial revolution, crucial for its global economic ambitions, demands a break from legacy automation. The outdated infrastructures, characterized by single-vendor lock-in and complex maintenance, impede the operational resilience, flexibility, and data transparency demanded by today’s market. Recognizing the importance of this critical juncture, Schneider Electric’s Open Automation Movement aims to be a catalyst for this industrial transformation, by creating a robust ecosystem involving industry leaders, policymakers, engineers, and developers, all committed towards democratizing automation. The cornerstone of this movement is Schneider Electric’s

EcoStruxure Automation Expert (EAE), a solution that fundamentally decouples hardware from software, facilitating flexible system design, faster integration, and effortless scalability.

“This isn’t an incremental improvement; the move to Open, Software Defined Automation is a fundamental revolution in industrial operations,” states Arvind Kakru, Vice President, Industrial Automation, Schneider Electric India. “With EcoStruxure Automation Expert, Schneider Electric is architecting truly interoperable and modular systems that shatter vendor dependencies, accelerate engineering, and seamlessly bridge the IT-OT divide for optimized lifecycles. Open Automation is the catalyst empowering India to forge resilient, efficient, and sustainable industrial ecosystems, where digitalization drives precise control for radical energy reduction. By orchestrating industrial systems and enabling robust data flow for advanced analytics, we’re simplifying complexity and aligning with IT standards to boost performance and resilience. Our core principles – application-centricity, seamless IT/OT integration, and asset-centricity – deliver superior efficiency, resilience, and reduced total cost of ownership.”

Elaborating more on this initiative, Rajat Abbi, Vice President- Marketing, Schneider Electric India, states, “Through this initiative, we are demonstrating our strong commitment and responsibility towards liberalizing industrial automation. Through the Open Automation movement, Schneider Electric is leading the charge in empowering Industries to become bolder through flexible and future-ready operations. We will be using all relevant marketing touchpoints to take this campaign to the market and demonstrate the true benefits of switching to the open, software defined automation.”

Schneider Electric is working closely with stakeholders from key sectors for this movement including Water & Wastewater, Consumer Packaged Goods, Food & Beverage, Life Sciences and many more. Leading industry players have joined the movement already, reflecting strong momentum across the Industrial landscape. The Open, Software defined Automation Movement will also play a key role in supporting small and medium enterprises by offering them access to flexible, cost-effective technologies that were once out of reach due to vendor lock-ins and high infrastructure costs.

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