Sustainable investment firm SustVest raises $160,000
POWER & RENEWABLE ENERGY

Sustainable investment firm SustVest raises $160,000

SustVest, a sustainable investment firm based in Gurgaon, has acquired $160,000 in angel funding to expand its footprint in India's clean energy industry.

Early-stage investors Paurush Sonkar of Stallions Capital, Balaji Vaidyanathan, and Sandeep Shetty led the funding round.

The income generated by SustVest's projects will yield a 15% annual return to the investors. The solar/EV (electric vehicle) assets will be digitally owned by investors and leased to consumers.

Sustvest, which was founded in 2018, is a sustainable investment platform that allows individuals or businesses to invest in renewable energy assets such as rooftop solar or EV charging points for as little as INR 5,000 ($64.46). The company hopes to provide a sustainable platform to renewables industry players in India with the newest round of funding.

According to SustVest, the company has a $3 million pipeline of sustainable energy projects. The company offers pre-vetted arrangements that bring together numerous possible investors to fund a leased project for power customers who pay monthly payments to use the generated electricity.


SustVest, a sustainable investment firm based in Gurgaon, has acquired $160,000 in angel funding to expand its footprint in India's clean energy industry.Early-stage investors Paurush Sonkar of Stallions Capital, Balaji Vaidyanathan, and Sandeep Shetty led the funding round.The income generated by SustVest's projects will yield a 15% annual return to the investors. The solar/EV (electric vehicle) assets will be digitally owned by investors and leased to consumers.Sustvest, which was founded in 2018, is a sustainable investment platform that allows individuals or businesses to invest in renewable energy assets such as rooftop solar or EV charging points for as little as INR 5,000 ($64.46). The company hopes to provide a sustainable platform to renewables industry players in India with the newest round of funding.According to SustVest, the company has a $3 million pipeline of sustainable energy projects. The company offers pre-vetted arrangements that bring together numerous possible investors to fund a leased project for power customers who pay monthly payments to use the generated electricity.

Next Story
Infrastructure Transport

Cabinet Approves Key Highway and Rail Projects in Bihar Region

The Union Cabinet on Wednesday approved the four-laning of the 84.2-km Mokama-Munger section of the Buxar-Bhagalpur high-speed corridor, a key industrial region in poll-bound Bihar. The Cabinet also sanctioned the doubling of the 177-km Bhagalpur-Dumka-Rampurhat railway line, which passes through Bihar, Jharkhand, and West Bengal, at a cost of Rs 31.7 billion.The Rs 44.5 billion highway project will be constructed under the hybrid annuity model, a variant of public-private partnership. The Mokama-Munger stretch was the only remaining two-lane section of the 363-km Buxar-Bhagalpur corridor. Fou..

Next Story
Infrastructure Transport

NGT Issues Notice on Bengaluru Twin Tunnel Project

The National Green Tribunal (NGT) on Wednesday issued notices in response to a petition filed by Bengaluru Praja Vedike and others, challenging the Bengaluru twin tunnel road project. Petitioners claim the project was “hastily announced” and bypassed mandatory environmental impact assessment procedures.Notices have been served to the Karnataka Government, Greater Bengaluru Authority, State Environment Impact Assessment Authority (SEIAA), Bengaluru Smart Infrastructure Ltd (B-SMILE), the Union Ministry of Environment, Forest and Climate Change, and project consultants.The 16.74-km twin-tube..

Next Story
Real Estate

India’s Residential Sales to Dip Slightly in FY26

Residential sales in India’s seven major cities are projected to decline by up to 3 per cent year-on-year in FY26 to 620–640 million square feet (msf), amid a moderation in sales velocity, according to ratings agency Icra.In FY25, sales stood at 643 msf, down 8 per cent YoY, following a sharp contraction in new launches and moderated demand in the affordable and mid-income segments. This slowdown came after the sector posted a robust compound annual growth rate of 26 per cent in area sales between FY22 and FY24.Icra noted: “Having seen a strong upcycle, the sector entered an equilibrium ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?