SustVest, a sustainable investment platform has raised $1.7 million in its pre-Series A funding round in a mix of equity and debt led by Inflection Point Ventures and Antler.
The round also saw participation from WEH Ventures, Venture Catalysts, Soonicorn Ventures, FAAD Network, and others.
The funds raised will be used to support its key growth initiatives such as acquiring new solar projects, launching a regulated platform to expand marketing efforts, enhancing operations, and covering legal expenses.
Hardik Bhatia, Co-Founder and CEO of Sustvest, said, “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.”
Ankur Mittal, Co-Founder, Inflection Point Ventures, said, “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.”
Founded in 2018 by Hardik Bhatia (CEO) and Devansh Shah (CTO), SustVest offers securitized debt instruments backed by Renewable Energy projects.
Currently, SustVest manages over ₹43 crore in Assets Under Management (AUM) with 9.3 MW of solar installations and has distributed over ₹5.7 crore in energy income and saved over 94 lakh kg of carbon emissions.
SustVest provides investors with fixed-income opportunities that deliver both financial returns and environmental benefits. At the same time, it enables commercial and industrial (C&I) consumers to access zero-cost solar installations with tariffs up to 50% lower than conventional rates.
The platform’s client portfolio features prominent names like Lodha Group, Hitachi, Mahle Group, Subros Ltd, and government organizations including CISF, NSG, and CRPF. SustVest caters to a global investor base with a streamlined KYC process through its regulated platform. The company’s solar projects are spread across key regions such as Maharashtra, Himachal Pradesh, and more.
