Wednesday, March 6, 2024

SKOOT Welcomes New Board Chair Ashish Devi-King

 


Mark Lyttleton is an angel investor and business mentor who takes a keen interest in supporting organisations created to achieve a positive planetary impact, including SKOOT, a start-up that helps people and businesses to become more sustainable by reducing their carbon footprint. This article will look at SKOOT’s recent appointment of Ashish Devi-King as board chair ahead of significant expansion of the company in 2024.

On 4th January 2024, SKOOT announced Ashish Devi-King’s strategic appointment, hailing it as a significant milestone in the company’s ongoing mission to provide in-the-moment sustainability solutions for the hospitality industry.

SKOOT is a London-based Top 5% B Corp. The company is a pioneering force in the climate tech landscape, providing real-time sustainability solutions. Following an extraordinarily successful year partnering with industry leaders such as Coventry Building Society Arena, Oracle GloriaFood and Oracle, SKOOT is poised at the forefront of sustainable innovation across the hospitality sector.

Reflecting on the appointment, SKOOT co-founder and CEO Greg Gormley indicated that Ashish Devi-King’s appointment marked a pivotal moment for the company. Mr Gormley highlighted Mr Devi-King’s impressive background in guiding the growth journeys of early-stage companies, having raised almost $25 million in equity funding for tech start-ups, making him invaluable as SKOOT enters its next expansion phase. Greg Gormley cited Ashish Devi-King’s support for the company right from its inception as a demonstration of his deep understanding of SKOOT and its overall mission.

Ashish Devi-King is the founder of the advisory firm Ridgeback Partners. Reflecting on his appointment as SKOOT board chair, Mr Devi-King said he was excited and honoured to take on the role, explaining that strong equity stories and planet-positive missions were of immense importance to him. Ashish Devi-King highlighted SKOOT’s role as a clear first-mover, driving carbon awareness and reduction across the hospitality space. Mr Devi-King said he looked forward to working alongside a team he had supported as an early investor, building on their recent achievements as they drive towards their Series A funding round.

SKOOT’s award-winning climate change platform was launched to help individuals, businesses and whole communities to reduce their carbon footprint to achieve net-zero. The company plants trees in some of the world’s most deforested regions to sequester emissions. In addition, the organisation also supports and funds other carbon reduction projects. To date, SKOOT has planted more than 1.2 million trees across various damaged locations around the world, restoring precious habitats and ecosystems.