Private Equity

VC Fund Investments

Fractional investment enabler in renewable energy SustVest raises $250-K from WEH Ventures, others

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Gurugram-based investment platform SustVest has raised USD 250,000 in a round led by WEH Ventures. The proceeds will be used for expanding the firm's user base. The company had earlier raised USD 160,000 and received a grant of INR 30 lakh from the Ministry of Electronics and IT under its TIDE 2.0 scale-up program. SustVest has been accelerated by Gruhas, DLF Family office and Anthill Ventures. Co-founded in 2022 by Hardik Bhatia and Devansh Shah, SustVest enables users to purchase fractional ownership in renewable energy projects with a minimum ticket size of INR 25,000 – setting it apart from platforms requiring up to INR 1 crore for commercial solar projects.