SustVest raises $1.7 million in pre-Series A round led by IPV & Antler

SustVest, a sustainable investment platform has raised $1.7 million in pre-Series A round led by Inflection Point Ventures and Antler, the company said today, December 23 in a press note.

In the fresh funding round, WEH ventures, Venture Catalysts, Soonicorn Ventures, FAAD Network, and others also participated.

The funds will help the startup driving key business growth initiatives, including acquiring solar projects, scaling marketing with the regulated platform launch, strengthening operations, and covering legal expenses.

"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," said Ankur Mittal, Co-Founder, Inflection Point Ventures.

SustVest specialises in sustainable investments in renewable energy. The platform claims achieving over Rs 43 crore in assets under management (AUM) with 9.3 MW of solar installations, distributing over Rs 5.7 crore in energy income and saving over 94 lakh kgs of carbon emissions.

Founded in 2020 by Hardik Bhatia and Devansh Shah, SustVest is India’s first regulated platform for sustainable investments. It offers investments in renewable energy with attractive returns while supporting zero-cost solar adoption for commercial and industrial clients.

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