
Gurugram-based sustainable investment platform SustVest has secured $1.7 million in a Pre-Series A funding round, a mix of equity and debt, led by Inflection Point Ventures (IPV) and Antler, with participation from WEH Ventures, Venture Catalysts, Soonicorn Ventures, FAAD Network, and others. The funds will support key business growth initiatives, including acquiring solar projects, marketing efforts for its regulated platform launch, and strengthening operations.
About SustVest:
SustVest, India’s first regulated platform for sustainable investments, specializes in renewable energy. It allows investors to achieve 12-14% XIRR returns through fractional ownership in solar projects, promoting democratized access to renewable energy investments. The platform has already managed ₹43 crore in assets, enabling 9.3 MW of solar installations, distributing ₹5.7 crore in energy income, and reducing carbon emissions by 94 lakh kilograms.
Vision and Market Potential:
Co-founded by Hardik Bhatia (CEO) and Devansh Shah (CTO), both BITS Pilani graduates, SustVest aims to bridge the gap between investors and renewable energy projects. Bhatia emphasized how the platform democratizes high-entry investments in renewable energy, making it accessible to all. According to IPV’s Co-Founder, Ankur Mittal, the initiative reduces entry barriers for smaller investors and contributes to the growth of clean energy in India.
SustVest serves a broad portfolio of clients, including prominent names like Lodha Group, Hitachi, and Mahle Group, and has projects across Maharashtra and Himachal Pradesh. With India’s rooftop solar market presenting a $405.63 billion opportunity, SustVest is poised for significant growth.
About Inflection Point Ventures:
IPV, a leading angel investing platform, has invested over ₹800 crore across 260+ startups. It brings together a vast network of CXOs and HNIs to support early-stage businesses with financial and experiential resources, enabling startups to scale effectively.
By leveraging its unique platform, SustVest continues to position itself as a key player in India’s renewable energy sector, driving accessibility, sustainability, and impactful investments.