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2673

Shrey Agarwal

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Shrey Agarwal
CEO & Co-Founder of
Alt Carbon (2023)
About

Shrey Agarwal is Co-Founder and CEO of Alt Carbon, a deeptech climate company pioneering Carbon Dioxide Removal (CDR) through Enhanced Rock Weathering across South Asia's agricultural lands.

Before founding

A 4th-generation tea planter and BITS Pilani graduate in Chemistry and Mechanical Engineering, Shrey previously built expertise at Bain and Company as a Consultant and held roles at SnapDocs, SuperShare, and Zomato before turning a family crisis into a climate mission.

Founder Insights

Shrey and his brother Sparsh co-founded Alt Carbon in 2023 after visiting their near-bankrupt family tea estate in Darjeeling, channeling that personal urgency into a science-driven movement to make India a global hub for carbon removal.

Experience

Under Shrey's leadership, Alt Carbon became the first India-headquartered company to receive a prepurchase from Frontier, the $1B+ advance market commitment backed by Stripe, Alphabet, Meta, Shopify, and McKinsey, and secured a strategic partnership with Mitsubishi Corporation.

Scale & Impact

Alt Carbon has removed approximately 10,000 tonnes of CO2, raised $12.6M across two funding rounds including India's largest climate tech seed round, and is targeting 5 million metric tons of CO2 removal by 2030 across 500,000 hectares in South Asia. Shrey and Sparsh were named to the Forbes Asia Under 30 list for 2025.

2673

Shrey Agarwal

Alt Carbon
Co-Founder
Logo
Shrey Agarwal

Company(s)

Alt Carbon

Industry

Climate / Social Tech

Year Founded

2023

Stage/Funding

Seed • $12.6M

Company Location

in

Connect

About

Shrey Agarwal is Co-Founder and CEO of Alt Carbon, a deeptech climate company pioneering Carbon Dioxide Removal (CDR) through Enhanced Rock Weathering across South Asia's agricultural lands.

Before founding

A 4th-generation tea planter and BITS Pilani graduate in Chemistry and Mechanical Engineering, Shrey previously built expertise at Bain and Company as a Consultant and held roles at SnapDocs, SuperShare, and Zomato before turning a family crisis into a climate mission.

Founder Insights

Shrey and his brother Sparsh co-founded Alt Carbon in 2023 after visiting their near-bankrupt family tea estate in Darjeeling, channeling that personal urgency into a science-driven movement to make India a global hub for carbon removal.

Experience

Under Shrey's leadership, Alt Carbon became the first India-headquartered company to receive a prepurchase from Frontier, the $1B+ advance market commitment backed by Stripe, Alphabet, Meta, Shopify, and McKinsey, and secured a strategic partnership with Mitsubishi Corporation.

Scale & Impact

Alt Carbon has removed approximately 10,000 tonnes of CO2, raised $12.6M across two funding rounds including India's largest climate tech seed round, and is targeting 5 million metric tons of CO2 removal by 2030 across 500,000 hectares in South Asia. Shrey and Sparsh were named to the Forbes Asia Under 30 list for 2025.

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