SustVest secures $1.7 million in Pre-Series A funding led by Inflection Point Ventures and Antler

SustVest, a regulated platform for sustainable investments in India, has raised $1.7 million in a Pre-Series A funding round led by Inflection Point Ventures and Antler. Other participants include WEH Ventures, Venture Catalysts, Soonicorn Ventures, and FAAD Network. The funding, a mix of equity and debt, will support SustVest in acquiring solar projects, marketing the regulated platform, strengthening operations, and covering legal expenses.

SustVest, a startup focused on investments in renewable energy and has accumulated ₹43 crore in Assets Under Management (AUM) with 9.3 MW of solar installations. The platform has distributed ₹5.7 crore in energy income and reduced 94 lakh kilograms of carbon emissions.

Mr. Ankur Mittal, Co-Founder, Inflection Point Ventures, says: “Many smaller investors find it difficult to invest in renewable energy due to high entry barriers. SustVest solves this by offering fractional ownership in renewable energy projects for investing. By doing so, SustVest is making sustainable investments more accessible to a broader audience and democratizing the renewable energy projects. In turn, helping investors earn passive income and promote the growth of clean energy initiatives.”

SustVest provides investors with fixed-income opportunities in renewable energy projects, delivering 12-14% XIRR returns with monthly payouts. It enables zero-cost solar adoption for commercial and industrial (C&I) consumers, reducing electricity costs by up to 50%. The company’s clients include Lodha Group, Hitachi, Mahle Group, Subros Ltd, CISF, NSG, and CRPF.

The platform operates globally, offering KYC processes through its regulated framework. SustVest’s projects are located in various regions, including Maharashtra and Himachal Pradesh.

Hardik Bhatia, Co-Founder and CEO, Sustvest, says,” The investment opportunities once reserved for the ultra-wealthy are now accessible to all through SustVest, democratizing renewable energy investments. We’re building a gateway for EPCs to access finance for the OPEX model, bridging critical gaps in the ecosystem. IPV has been exceptional in understanding our vision and supporting us on this journey with their expertise, enabling us to scale our impact and bring clean energy closer to everyone.”

India’s rooftop solar market is estimated to be worth $405.63 billion, with 7.6 million MSMEs suitable for solar integration. Additionally, the alternative investment market in India is projected to reach $11.8 billion, driven by 99 million individuals earning over ₹15 lakh annually.

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