Transition VC Leads Kerala Startup’s First Funding Round
Kerala-based AI startup Greenfi has raised $2 million in its first funding round led by Transition VC. The funds will be used to expand globally, enhance its product capabilities, and grow sales and marketing teams as the company scales operations across international markets.
AI-Powered Platform for ESG Due Diligence
Founded in 2023 by Barun Chandran, Greenfi operates an AI-driven environmental, social, and governance (ESG) risk management platform that automates due diligence and compliance workflows for enterprises. The platform enables organizations to assess sustainability performance, manage ESG risks, and receive real-time, role-based recommendations all without large consulting teams.
Greenfi’s system reduces weeks of manual work into instant insights. For example, in investment projects such as a $100 million solar plant, its platform automates data collection, benchmarking, and analysis, helping clients accelerate investment decisions and meet regulatory standards efficiently.
Global Reach and Lean Operations
Greenfi currently serves clients across Singapore, Japan, and the UK, spanning sectors such as fashion, agriculture, retail, banking, and manufacturing. The company operates with a team of 16, having optimized over 60% of its operations through AI automation.
Positioning itself as a technology-first alternative to traditional consulting giants like McKinsey, KPMG, and PwC, Greenfi aims to redefine how businesses manage sustainability and compliance using intelligent automation.
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