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Ecoratings - About the company

Ecoratings is a seed company based in Noida (India), founded in 2023 by Aditi Balbir, Aqeel Ahmed, Shruti Anand and Ramesh Premkumar. It operates as an AI based ESG ratings and analysis for businesses. Ecoratings has raised $1.9M in funding from investors like Google, Angel List and RB Investments, with a current valuation of $*****. The company has 2828 active competitors, including 379 funded and 144 that have exited. Its top competitors include companies like Thomson Reuters, Varaha and Behavox.

Company Details

AI based ESG ratings and analysis for businesses. It leverages data-driven methods and advanced artificial intelligence to help companies make informed sustainability decisions. It offers AI agents for carbon accounting and tokenization of carbon credits on the blockchain. It specializes in sustainability, AI, LLM, RAG, carbon measurement, reporting, validation, and asset tokenization.
Social
X
Email ID
*****@ecoratings.ai
Key Metrics
Founded Year
2023
Location
Noida, India
Stage
Seed
Total Funding
$1.9M in 5 rounds
Latest Funding Round
Post Money Valuation
$***** as on Sep 01, 2025
Investors
Ranked
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
39 as on Jul 31, 2026
Similar Companies
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Ecoratings's funding and investors

Ecoratings has raised a total funding of $1.9M over 5 rounds. Its first funding round was on Aug 21, 2023. Its latest funding round was a Seed round on Sep 01, 2025 for $*****. 2 investors participated in its latest round. Ecoratings has 20 institutional investors and 75 angel investors.

Here is the list of recent funding rounds of Ecoratings:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Sep 01, 2025
7062834
Seed
8020572
2772843
9531135
8121018
Feb 01, 2025
5722118
Seed
3374988
8397749
3711753
May 28, 2024
6103532
Grant (prize money)
8130035
2660661
4842963
7753178
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Ecoratings' founders and board of directors

Founder? Claim Profile
The founders of Ecoratings are Aditi Balbir, Aqeel Ahmed, Shruti Anand and Ramesh Premkumar. Aditi Balbir is the CEO of Ecoratings.
Here are the details of Ecoratings' key team members:

Ecoratings' Board of Directors

Ecoratings's board has 4 active members. Aditi Balbir, Aqeel Ahmed and Shruti Anand are part of team and Shruti Anand is independent board member.
Here is the list of Ecoratings' board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
3y 5m
Team
-
Current
3y 5m
Team
-
Current
2y 11m
Independent board member
-
Current
3y 3m

Ecoratings' employee count trend

Ecoratings has 39 employees as of Jul 26. Here is Ecoratings's employee count trend over the years:
Employee count trend for Ecoratings
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Ecoratings's Competitors and alternates

Top competitors of Ecoratings include Thomson Reuters, Varaha and Behavox. Here is the list of Top 10 competitors of Ecoratings, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Thomson Reuters
Thomson Reuters
2008, Toronto (Canada), Public
Cloud based legal enterprise management and data services for businesses
-
74/100
2nd
Logo for Varaha
Varaha
2022, Gurugram (India), Series B
Climate tech company that enables smallholder farmers to generate carbon removal credits
$34.9M
75/100
3rd
Logo for Behavox
Behavox
2014, London (United Kingdom), Series C
Provider of AI-driven platform for regulatory compliance and risk management
$343M
72/100
4th
Logo for EcoVadis
EcoVadis
2007, Paris (France), Series D
Provider of supply chain sustainability risk assessment and management platform
$732M
69/100
5th
Logo for OnFinance AI
OnFinance AI
2023, Bengaluru (India), Seed
Developer of artificial intelligence agents for automated regulatory compliance management
$5.25M
67/100
6th
Logo for Carbon Direct
Carbon Direct
2019, New York (United States), Series C
Provider of science-backed carbon management solutions for emission reduction and removal
$60.8M
65/100
7th
Logo for FiscalNote
FiscalNote
2013, Washington, DC (United States), Public
Provider of policy tracking, digital advocacy, and government relations software
$188M
65/100
8th
Logo for Truv
Truv
2020, Miami (United States), Acquired
Cloud-based platform for employee background verification
$28.5M
65/100
9th
Logo for Terraformation
Terraformation
2020, Ocean View (United States), Series A
Provider of data-driven solutions and technology to support ecosystem restoration
$35.1M
65/100
10th
Logo for Pachama
Pachama
2018, Sausalito (United States), Acquired
Develops technological solutions for the protection and restoration of the forests
$88.2M
65/100
85th
Logo for Ecoratings
Ecoratings
2023, Noida (India), Seed
AI based ESG ratings and analysis for businesses
$1.9M
51/100
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Ecoratings's Latest cap tables and shareholding

Founders (largest shareholder) own 68.84%, Funds own 14.00%, Enterprises own 0.65% and Angels own 11.85%. The net worth of Ecoratings's founders is INR 39.4Cr as of Sep 01, 2025.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
68.84%
39.4Cr
8774928
9042020
8360822
2973084
7229379
4617877
6089926
9127374
1639444
8967559
9031098
9200091
2581157
5142695
3016428
9235106
1726771
5916363
3162777
5363420
2012411
7166036
Fund
14.00%
8.01Cr
5895986
7415827
1822899
9237676
2942
2618
4061
9936
4026
7043
869
260
499
866
826
400
0
0
0
0
0
0
0
0
0
0
0
0
Enterprise
0.65%
36.9L
0
0
0
0
Angel
11.85%
6.78Cr
1297226
9075145
4491067
9605425
0
0
0
0
0
0
Other People
0.71%
40.8L
0
0
0
0
ESOP Pool
3.96%
2.27Cr
787
525
176
415
Total
100.00%
57.2Cr
1187341
6427612
4613128
7032494
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of Ecoratings's Shareholding

Ecoratings's Investments and acquisitions

Ecoratings has made no investments or acquisitions yet.

Reports related to Ecoratings

Here is the latest report on Ecoratings's sector:

FAQs about Ecoratings

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