Mahindra Susten funding, investors and company details

Mahindra Susten is an emerging ESG startup from Mumbai, working in the space of Delivers end-to-end renewable energy solutions. Founded by Ramesh G Iyer, Avinash Rao.

Company: Mahindra Susten Private Limited
Sector: ESG
Location: Mumbai
Founders: Ramesh G Iyer, Avinash Rao
Total funding raised: ₹1,448 Cr

Company overview

Mahindra Susten delivers end-to-end renewable energy solutions encompassing engineering, procurement, construction, operations, and maintenance for solar photovoltaic projects across utility-scale, rooftop, and hybrid systems. It develops and operates independent power producer assets, innovates with products like single-axis solar trackers for enhanced generation efficiency, and provides energy management services including remote monitoring, analytics, and diesel-solar hybrid integrations. The focus spans solar carports, telecom tower solarization, and sustainable industrial construction to drive clean energy adoption.

Funding rounds

Latest round: ₹1,448.00 Cr. ($ 169.26 Mn), 2024-12-11. Investors: HDFC Bank, Axis Bank