Company Intelligence Profile
Less Carbon Technologies Private Limited
Bengaluru-based carbon accounting and ESG intelligence SaaS platform, operating under the brand "StepChange," and the Indian subsidiary of US-incorporated Stepchange Inc.
CIN: U74994KA2022FTC158155ActiveRoC Bangalore / KarnatakaConfidence: medium
Last updated 17 August 2026
AI OverviewGenerated from public records
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
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Company Identity
Confirmed| Registered name | Less Carbon Technologies Private Limited |
|---|---|
| CIN | U74994KA2022FTC158155 |
| PAN | AAECL9280E |
| Status | Active (Foreign-controlled/subsidiary Private Limited Company, "FTC" in CIN) |
| Listing | Not listed (unlisted private company) |
| Incorporated | 21 February 2022 |
| ROC | RoC Bangalore / Karnataka |
| Sector (NIC) | IT Consulting & Support Services / NIC — "M9: Other professional, scientific and technical activities n.e.c."; industry tag "Information Technology" / "Business Services" |
| Registered address | Source conflict — Tofler lists "S-805 Prestige Acropolis Apartments, #20 Hosur Road, Next to Forum Mall, Bangalore South, Karnataka 560029" |
| Authorized capital | Rs 1,00,000 (Rs 1 Lakh) |
| Paid-up capital | Rs 67,470 |
Business Overview
Confirmed- Operates as "StepChange" — a unified SaaS platform for carbon management, ESG intelligence and climate/nature risk assessment
- Enables Scope 1-3 GHG measurement, financed-emissions tracking for financial institutions, ESG/vendor performance monitoring, and climate/nature risk evaluation, aligned to PCAF, GRI, TCFD, ISSB and IFRS standards; markets 350+ enterprise integrations
- Described as the first official regional partner of the Partnership for Carbon Accounting Financials (PCAF) for the Global South
- Named clients include Union Bank of India, ICICI Bank, ITC Limited, Syrma SGS and Saison International
Directors
Partial / conflicting| Name | DIN | Role | Appointed |
|---|---|---|---|
| Ankit Jain | 08277181 | - | 21 Feb 2022 |
| Aanchal Sagar Jain | 03068350 | - | 21 Feb 2022 |
Financials
Partial / conflicting- FY2025 (year ended 31 Mar 2025) revenue: Rs 15.16 Cr, reported as 64% YoY growth
- EBITDA, PAT and net worth are paywalled/"locked" on TheCompanyCheck and not obtained elsewhere — reported as "not obtained." Not stated whether standalone or consolidated; given it is a subsidiary of Stepchange Inc., these figures likely reflect the standalone Indian entity's filed financials, but this is inferred, not confirmed
- Prior-year (FY2024) revenue band cited elsewhere as Rs 1 Cr-100 Cr
Charges/Loans
ConfirmedNo charges (secured loans/mortgages) registered with the RoC as of the data pulled.
Legal
Confirmed- 4 related civil-miscellaneous applications found on Indian Kanoon, Delhi High Court: "Less Carbon Technologies Private Limited & Another vs Government e-Marketplace SPV & Others" — CM APPL
- 60573/2024, 60574/2024, 62261/2024, with hearings on 15 Oct 2024, 22 Oct 2024, 4 Dec 2024 and 19 Dec 2024 (bench included Justices Tushar Rao Gedela, Manmohan, and Vibhu Bakhru on the final listed date)
- Company represented by advocates Ashim Sood and Siddharth Nath
- Nature/outcome of the dispute (vs. Government e-Marketplace) was not detailed in the fetched summary — flag for a deeper Indian Kanoon read if needed
Competitors
Partial / conflictingPersefoni
US, large, well-funded enterprise carbon management platform
Watershed
US, large, enterprise climate platform
Normative
Sweden, mid-size, carbon accounting SaaS
Sweep
France, mid-size, carbon/ESG platform
CarbonChain
UK, smaller, supply-chain carbon tracking
Frequently Asked Questions
What does Less Carbon Technologies Private Limited do?
Bengaluru-based carbon accounting and ESG intelligence SaaS platform, operating under the brand "StepChange," and the Indian subsidiary of US-incorporated Stepchange Inc.
What is the CIN of Less Carbon Technologies Private Limited?
The Corporate Identification Number (CIN) of Less Carbon Technologies Private Limited is U74994KA2022FTC158155.
Where is Less Carbon Technologies Private Limited registered?
Less Carbon Technologies Private Limited is registered with RoC Bangalore / Karnataka (sources use both labels for the same RoC). Registered address: Source conflict — Tofler lists "S-805 Prestige Acropolis Apartments, #20 Hosur Road, Next to Forum Mall, Bangalore South, Karnataka 560029"; TheCompanyCheck lists "534/A, 3rd & 4th Floor, Hanto Velocity, 7th Cross, 4th Block, Koramangala, Bangalore South, Kar…
When was Less Carbon Technologies Private Limited incorporated?
Less Carbon Technologies Private Limited was incorporated on 21 February 2022 (source: Tofler, TheCompanyCheck — both agree).
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