Sustainable investment platform SustVest has successfully raised $1.7 million in a pre-Series A funding round, combining equity and debt. The round was led by Inflection Point Ventures and Antler, with participation from WEH Ventures, Venture Catalysts, Soonicorn Ventures, FAAD Network, and others.
The capital will support SustVest's growth initiatives, including acquiring solar projects, scaling marketing efforts with the launch of its regulated platform, strengthening operations, and covering legal expenses.
About SustVest
Founded in 2020 by Hardik Bhatia (CEO) and Devansh Shah (CTO), SustVest specializes in sustainable investments in renewable energy. The startup offers fixed-income investment opportunities with a focus on environmental impact. It also enables commercial and industrial (C&amp;I) consumers to access zero-cost solar projects at tariffs up to 50% lower than standard rates.
SustVest&rsquo;s client portfolio features prominent names such as Lodha Group, Hitachi, Mahle Group, Subros Ltd, CISF, NSG, and CRPF.
Expanding Global Reach
SustVest serves investors worldwide through its regulated platform, offering seamless KYC processes. Its solar projects are operational in key locations like Maharashtra and Himachal Pradesh. The company claims to have achieved ₹43 crore in Assets Under Management (AUM) with 9.3 MW of solar installations, generating over ₹5.7 crore in energy income and saving more than 9.4 million kilograms of carbon emissions.
Democratizing Renewable Energy Investments
Highlighting its mission, CEO Hardik Bhatia stated, &ldquo;The investment opportunities once reserved for the ultra-wealthy are now accessible to all through SustVest. We&rsquo;re creating a gateway for EPCs to access finance for the OPEX model, bridging critical gaps in the ecosystem.&rdquo;
India&rsquo;s rooftop solar market presents a $405.63 billion opportunity, with 7.6 million MSMEs suitable for solar integration. Additionally, the country&rsquo;s alternative investment market is projected to reach $11.8 billion, driven by 99 million individuals earning over ₹15 lakh annually.
Ankur Mittal, Co-Founder of Inflection Point Ventures, remarked, &ldquo;SustVest is breaking down barriers by offering fractional ownership in renewable energy projects, enabling smaller investors to participate. This approach not only promotes the growth of clean energy but also provides investors with passive income opportunities.&rdquo;
Paving the Way for Clean Energy
With its innovative platform and sustainable business model, SustVest is poised to revolutionize renewable energy investments, making them more accessible while driving impactful change in the clean energy sector.
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Source : Indian Startup News

Sustainable investment platform SustVest has successfully raised $1.7 million in a pre-Series A funding round, combining equity and debt

SustVest Secures $1.7 Million in Pre-Series A Funding Round