Renewable energy investment platform SustVest raises $1.7 M led by IVP, Antler
Gurugram-based investment platform SustVest has raised USD 1.7 million in a pre-Series A 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 fresh funds will be used by the company for growth, to acquire solar assets, strengthen operations and cover legal expenses.Co-founded in 2022 by Hardik Bhatia and Devansh Shah, Sustvest is a sustainable Investment platform offering securitized debt instruments for companies in renewable energy projects.
In July-23, Sustvest had raised about USD 2,50,000 from WEH ventures.
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