Onlygood (OGFPL) Company Profile

Background

Overview

Onlygood (OGFPL) is an AI-driven sustainability intelligence partner that simplifies compliance, drives decarbonization, and creates measurable business impact. Founded in 2022 by Rajeev Sinha and Vivek Mehra, the company is headquartered in Westford, Massachusetts, USA. Onlygood offers a cloud-based platform designed to assist businesses in monitoring and reducing their carbon footprint, adhering to ISO and GHG protocol standards, and streamlining ESG compliance and certification processes.

Mission and Vision

The mission of Onlygood is to make sustainability simple, smart, and actionable by turning complex data into clarity, compliance into confidence, and ambition into measurable progress. Through intelligent automation and real-time insights, the company aims to help organizations see clearly, act wisely, and evolve sustainably.

Industry Significance

In an era where businesses face increasing pressure to meet sustainability standards, Onlygood provides a comprehensive solution to simplify carbon accounting and ESG reporting. By integrating technology and environmental responsibility, the company enables businesses to achieve measurable impact and sustainable growth.

Key Strategic Focus

Core Objectives

Simplify Compliance: Automate data collection, validation, and reporting to ensure accurate and timely ESG compliance.

Drive Decarbonization: Provide tools and insights to help businesses reduce their carbon footprint and achieve net-zero targets.

Create Business Value: Translate sustainability efforts into measurable business value, risk reduction, and growth opportunities.

Areas of Specialization

Carbon Monitoring: Track, measure, and manage emissions across all SCOPE 1, 2, and 3 for accurate sustainability performance.

Supplier Integration: Digitally connect and streamline supplier sustainability data, rank and compare suppliers for unified visibility.

Compliance Reporting: Streamline reporting with global frameworks like CBAM, ESG, BRSR, GRI, CSRD, and registrations like CDP, Ecovadis, DJSI, SA.

Key Technologies Utilized

AI-Powered Analytics: Leverage machine learning algorithms to provide predictive insights and facilitate data-driven decision-making.

IoT Integration: Utilize IoT sensors for real-time data capture and monitoring of emissions across supply chains.

Automated Reporting: Generate on-demand reports in various international formats to assist clients in meeting regulatory requirements.

Primary Markets Targeted

Automotive: Promote sustainability in the automobile sector by reducing emissions throughout the supply chain and assisting with compliance.

Apparel: Guide apparel manufacturers to achieve compliance with the Carbon Border Adjustment Mechanism by tracking and reducing carbon emissions.

Chemical: Transform the chemical industry with sustainable solutions that improve ESG reporting and reduce environmental footprint.

Packaging: Provide sustainable packaging solutions that reduce carbon emissions and enhance ESG reporting.

Financials and Funding

Funding History

In October 2024, Onlygood secured ₹4 crore (approximately $500,000) in a seed funding round. The round was co-led by the IIT Madras Incubation Cell, Goel Group, and Daimler India Commercial Vehicles (DICV). This capital is earmarked for operational expansion in India and the Middle East, with further plans to enter the European market and enhance the platform's technological infrastructure.

Total Funds Raised

As of December 2025, Onlygood has raised a total of approximately $500,000 in seed funding.

Notable Investors

IIT Madras Incubation Cell: A prominent incubation center supporting innovative startups.

Goel Group: A diversified conglomerate with interests in various sectors.

Daimler India Commercial Vehicles (DICV): A subsidiary of Daimler AG, focusing on commercial vehicle manufacturing in India.

Utilization of Capital

The funds are intended to support operational expansion in India and the Middle East, enhance technological infrastructure, and prepare for a Series A funding round anticipated in mid-2025 to support growth into North American markets.

Pipeline Development

Key Pipeline Candidates

Onlygood's platform offers several key products designed to assist businesses in their sustainability journey:

Decarb Navigator: Guides companies through their decarbonization journey by providing actionable insights and strategies.

Decarb X-celerator: Accelerates the decarbonization process by offering tools and resources to implement sustainability initiatives effectively.

Stages of Development

Both products are currently available and integrated into Onlygood's platform, providing real-time data capture, supplier carbon interlinking, and precise goal setting to help businesses reduce scope 3 emissions and achieve net-zero targets.

Target Conditions

The platform addresses various industries, including automotive, apparel, chemical, and packaging, assisting businesses in monitoring and reducing their carbon footprint and complying with global sustainability regulations.

Anticipated Milestones

Operational Expansion: Plans to expand operations in India and the Middle East, with further plans to enter the European market.

Series A Funding: Preparing for a Series A funding round anticipated in mid-2025 to support growth into North American markets.

Technological Platform and Innovation

Proprietary Technologies

AI-Powered Analytics: Utilizes machine learning algorithms to provide predictive insights and facilitate data-driven decision-making.

IoT Integration: Employs IoT sensors for real-time data capture and monitoring of emissions across supply chains.

Automated Reporting: Generates on-demand reports in various international formats to assist clients in meeting regulatory requirements.

Significant Scientific Methods

Carbon Footprint Analysis: Employs advanced algorithms to calculate and monitor carbon emissions across various supply chain touchpoints.

Predictive Analytics: Utilizes machine learning to forecast emission trends and assist in strategic planning for decarbonization.

Leadership Team

Rajeev Sinha – CEO & Co-Founder

Rajeev Sinha is the CEO and Co-Founder of Onlygood FutureTech (India) Pvt. Ltd. (OGFPL). Prior to OGFPL, Rajeev served as the Emeritus Managing Director at THEVANCA from April 2011 to October 2022, contributing to strategic leadership and business development initiatives. He has also been involved in business development as a Partner at Expressions India from January 2011 to September 2022, focusing on expanding the organization's market presence and partnerships.

Vivek Mehra – CTO & Co-Founder

Vivek Mehra co-founded Onlygood (OGFPL) in April 2022, taking on the role of Chief Sustainability Officer, with a focus on advancing sustainability initiatives. Before joining Onlygood, Vivek Mehra founded and served as CEO of Accelerity, starting in May 2017, showcasing entrepreneurial leadership and vision. Vivek has also contributed as a Strategic Advisor to Altudo beginning in January 2020, offering valuable insights to steer company strategy until the end of 2023.

Competitor Profile

Market Insights and Dynamics

The global market for sustainability and ESG compliance solutions is experiencing significant growth, driven by increasing regulatory requirements and a heightened focus on environmental responsibility. Businesses across various industries are seeking efficient and effective ways to monitor and reduce their carbon footprint, presenting a substantial opportunity for companies like Onlygood.

Competitor Analysis

Enablon: Offers a comprehensive suite of sustainability, EHS, and risk management software solutions.

SIERA by Sphera: Provides EHS and sustainability management software with a focus on data analytics and reporting.

EcoReal: Specializes in energy and sustainability management software, offering tools for data collection and analysis.

Strategic Collaborations and Partnerships

Onlygood has established strategic collaborations with industry leaders to enhance its market position and innovation capacity:

Daimler India Commercial Vehicles (DICV): Collaborated to promote sustainability in the automotive sector.

IIT Madras Incubation Cell: Provided support and resources for operational expansion and technological development.

Operational Insights

Onlygood differentiates itself through its AI-powered analytics, IoT integration, and automated reporting capabilities, offering a comprehensive solution for businesses to manage their sustainability.

onlygood-(ogfpl)