Venture Studio · Industrial Decarbonisation

We build industrial decarbonisation ventures at scale.

We build technologies from lab prototypes to profitable global companies — without relying on subsidies, green premiums, or ESG mandates.

1GT
CO₂e Reduction Mission
20
Ventures by 2035
10x
Capital Efficiency
INDUS DC TRIGeN DC BioX DC
Our mission: a 1 gigaton reduction in CO₂e emissions from industries by 2035.

Industry contributes roughly a quarter of global CO₂ emissions. The technologies to change that exist — what has been missing is a repeatable model for getting them from lab to global scale. That is what IndusDC exists to do.

25%
of Global CO₂ from Industry
$2.5T
Decarb Market by 2032
Why IndusDC

A rare convergence of market, technology, and team.

Industrial decarbonisation in India is one of the most significant — and most underserved — opportunities in climate tech. We've spent years building the conditions to make it work.

01
Industry buys on economics. We build on economics.

Our ventures are designed to win on pure economics — strong opex savings, capex payback under 3 years, no dependence on subsidies or ESG mandates. When decarbonisation is also the cheaper option, adoption follows naturally and at scale.

The most durable kind of climate solution
02
A playbook purpose-built for hardware

Scaling hardware from a lab in India to global revenue is genuinely hard. Our proprietary venture-building framework, Indus Readiness Levels (IRL), has been designed around that reality — delivering 10x capital efficiency and 4x higher success rates by de-risking every stage before committing capital to the next.

Proven on our first two ventures, repeatable across twenty
03
A technology pipeline others can't access

Our exclusive IP-sharing agreement with IIT Madras gives us first access to breakthrough research in thermal systems and energy conversion. Five ventures, one coherent platform — covering generation, utilisation and storage of industrial heat — built from technology that is already proven in the lab.

A pipeline that compounds with every venture we build
04
Customers who are already engaged

Through the Indus Decarb Club, our ventures are connected to board members, CXOs, and GMs across electronics, energy, steel, chemicals, and textiles — globally. First deployments are accelerated because the relationships that make them possible are already in place.

From technology to deployment, without starting from zero
Thermal Infrastructure Platform

Converting energy across generation, utilisation and storage of heat

Our platform addresses the full thermal energy value chain in industry — from generating usable heat and fuels, to maximising their utilisation, to storing and dispatching energy on demand.

Generation
Industrial heat and green fuels from electricity, biomass, and waste streams
Utilisation
Delivering precise process heat and fuel outputs to industrial applications
Storage
Dispatchable thermal energy storage to balance industrial load and intermittency
Heat Generation
IRL6+ (Active)
TRIGeN DC
High-temperature industrial heat pumps — up to 180°C process heat

Commercialised at 135°C with 250,000 field hours logged. GTM established across Electronics and Textiles with repeat customers. Now scaling to 180°C — targeting global industries where high-temperature electrification has no viable alternative today.

180°C
Target Temp
300k+
Field Hours
30+
Active Deployments
Green Fuels
IRL4+ (In Development)
BioX DC
Biomass gasification for bio-methanol and green hydrogen

Converts agricultural biomass into bio-methanol at under ₹30/kg via thermochemical conversion. Targeting chemicals, shipping and steel — hard-to-abate industries with no easy electrification pathway and a structural dependence on fossil-derived feedstocks.

<₹30/kg
Methanol Cost
1TPD
Demo Target
Mar '27
Test Bed Date

University Partnership — IndusDC holds an exclusive IP-sharing and development agreement with the Indian Institute of Technology, Madras — providing first access to breakthrough research in thermal systems, energy conversion, and green chemistry.

The Founding Team

Built by scientists, operators and entrepreneurs.

Three co-founders combining PhD-level technical depth, global industry experience, and a track record of building and exiting ventures.

Together, the founding team has taken two ventures from university lab to commercial deployment — and is building the platform to do it twenty times over.

Dr. Kushant Uppal
Founder & CEO

PhD in Materials Science from USC. B-Tech from IIT Madras. Ten years at SDL/JDSU across product development, operations, and global business. Multiple ventures with 3–5x investor returns. Leads product, deployment, and GTM.

LinkedIn
Dr. Satya Seshadri
Co-founder & CTO

PhD in Mechanical Engineering from Texas A&M. Professor at IIT Madras. A decade at GE and Forbes Marshall in product development. Founder of The Energy Consortium and the Industrial Energy Assessment Centre. Leads technology and university partnerships.

LinkedIn
Kaustubh Hanmantgad
Co-founder & COO

Former CEO at Breakthrough, supporting global PE and corporates on leadership. Multiple bootstrapped, profitable exits across EdTech and behavioural analytics. Leads industry partnerships, the Indus Decarb Club, and venture team building.

LinkedIn

Backed by Ashish Gupta (Junglee (AMZN) & Tavant Technologies, Helion Venture Partners) and Mirik Gogri of Spectrum Impact, the family office of the promoters of Aarti Industries.

Connect

Work with us to decarbonise industries, together.

Whether you are an industry partner, a researcher, a prospective team member, or a fellow traveller in the decarbonisation mission — we'd love to hear from you.

INDUS DECARB LLP (registered and incorporated under the Ministry of Corporate Affairs, India)

LLP Identification Number: ACR-9106

Registered Office: No 48, Triumph Towers, Church St, Shantala Nagar, Mahatma Gandhi Road, Ashok Nagar, Bangalore North, Bangalore – 560001, Karnataka, India

Email: info@indusdc.com