The world has adopted a “regular” approach to combating climate change by increasing energy efficiency, reducing emissions, and adopting sustainable practices. Well, we haven’t achieved much.
but, Technologies had a different proposition – fight the climate war with artificial intelligence (AI), Internet of Things (IoT), and digital twin technology (a virtual representation of an object or system).
“The challenge is to balance industrial growth with environmental responsibility. Many industries still see sustainability as a cost rather than an opportunity. But the reality is that digital transformation can drive both efficiency and meaningful impact,” said Avneesh Kumar, co-founder of LivNSense Technologies. , tells YourStory.
The Bengaluru-headquartered climate tech startup was founded in 2018 by husband-wife duo Avneesh Kumar (Co-Founder and CEO) and Priyanka Kumar (Co-Founder).
LivNSense uses patented IPS (Intelligent Process Systems) to help firms reduce carbon emissions across process value chains and increase profitability in the cement, asphalt, metals, and petrochemical manufacturing industries.
“Our goal has always been to help industries achieve operational excellence while reducing their environmental footprint. Sustainability is not just about compliance; it’s about reimagining how industries operate for a better future,” he adds.
Currently LivNSense, has around 57 people in its team.
Origin and Pivot
An alumnus of NIT Durgapur and the University of Melbourne, Kumar has over 25 years of experience in engineering and IT, specializing in AI and IoT.
“My early exposure to IoT and telecom technologies gave me a deep understanding of how connected devices can revolutionize industries. But the real turning point came when I saw a significant lag in digital adoption in industries like manufacturing compared to the telecom sector,” he says. .
“I felt my experience with IoT and AI could make a dramatic difference here,” he adds.
In 2018, Kumar launched LivNSense to reduce harmful emissions and optimize energy use, starting with the automobile welding sector. However, the team faced challenges including customer pricing sensitivity and limited adoption of technology solutions in cost-sensitive industries.
Realizing they were too early to market, the company focused on the oil and gas sector in 2019. Over the years, the platform has evolved to include features aligned with net zero for carbon emissions analysis, mitigation and optimization. Objectives. In 2021, LivNSense was also working on biofuels and green hydrogen management.
“Our scope has expanded dramatically. Energy efficiency was our starting point, we are now building a comprehensive energy-to-carbon management platform.”
Since then, it has expanded to cater to infrastructure industries, including metals, cement, and asphalt and building materials, where energy efficiency and process optimization are essential.
“Currently, we cater to industries with high energy consumption and emissions challenges. We aim to expand this list by adding more features and capabilities,” says the co-founder.
The main product
LivNSense’s platform, GreenOps, is a full-stack decarbonization solution that leverages AI and ML for predictive analytics, simulating operational changes and providing predictive insights to identify inefficiencies.
In addition, digital twin technology simulates scenarios for performance optimization without physical use, providing comprehensive integration across the value chain, from R&D to quality assurance and maintenance, thereby reducing greenhouse gas emissions by up to 25% in the first year.
With IoT sensors and advanced analytics for real-time operational insights, the platform enables continuous monitoring and actionable interventions, as well as optimizing the energy balance across different sources, including alternative fuels, and supporting the transition to green hydrogen.
Avneesh explains, “Our platform uses real-time data and predictive modeling to solve energy waste, inefficiency and safety issues, enabling real-time optimization of physical systems with digital twin technology.”
The startup earned Rs 2.45 crore in revenue in FY23 and Rs 2.18 crore in FY22. The company has priced its software higher in the US than in India ($50,000 onboarding + $25,000-$50,000 recurring).
LivNSense operates mostly in India, APAC, and the UAE and plans to expand its operations to Europe and Japan by 2025, followed by Africa and Latin America by 2026-2027. Its customers include 14 large and 26 small companies, mostly from the US, with plans to onboard 45 customers by the end of 2025.
According to the CEO, industries using the GreenOps platform have reported up to 32% reduction in carbon emissions and significant return on investment (ROI) through energy and process efficiency.
Challenges
LivNSense tailors its approach to regional and sectoral needs, with US industries more receptive to the platform due to the clear link between carbon reduction and operational efficiency.
Says the CEO, “In India, many industries are still struggling to identify ROI from carbon reduction, requiring a long learning process. However, we are hopeful for a change in mindset.”
In India, companies prefer short-term returns over long-term innovation due to limited risk-taking capacity. The manufacturing industry has lagged behind in embracing R&D as a strategic focus, facing challenges such as risk aversion, compliance-driven innovation, and lack of ecosystem support for startups.
“Long-term innovation in India’s manufacturing sector has been hampered by a culture of risk aversion and compliance-driven progress, making it difficult for startups to thrive without strong ecosystem support,” adds Kumar.
The future ahead
According to Allied Market Research, the global emissions management software market, valued at $10.4 billion in 2020, is expected to reach $43.6 billion by 2030, growing at a CAGR of 15.7% from 2021 to 2030.
As the demand for such products increases in the future, the startup projects to reach $1 million ARR by April 2025 and $10 million ARR by 2027. It plans to expand its platform with advanced soft sensors, predictive analytics, and edge computing for offline functionality.
Last December, LivNSense secured $2.75 million in a pre-Series A round led by Pavestone Technology Fund. According to Tracxn, it has raised around $3.15 million in four funding rounds backed by IIMA Ventures, India Accelerator, Precog Innovations, The Gain, and Plugin Alliance.
LivNSense competes with Mumbai-based ESGDS, Ghaziabad-based Blue Sky Analytics, Gurugram-based The Sustainability Cloud, and Bengaluru-based Newtrl.
“Our long-term vision is clear – we want to help industries around the world transition to sustainable operations. With the growing global emphasis on sustainability and carbon reduction, we are well-positioned to support areas such as biofuels and green hydrogen,” says Kumar.
Was part of LivNSense your story’s Tech30 list, which looks at India’s 30 most promising startups, is poised to become a major disruptor in sectors.