SustVest funding, investors and company details
SustVest is an emerging Power and Energy startup from Ahmedabad, working in the space of Sustainable investment platform specializing in renewable energy assets. Founded by Hardik Bhatia, Devansh Shah.
- Company: Sustplexus Matrix Private Limited
- Sector: Power and Energy
- Location: Ahmedabad
- Founders: Hardik Bhatia, Devansh Shah
- Total funding raised: ₹16.62 Cr
Company overview
SustVest operates as a sustainable investment platform specializing in renewable energy assets. It enables fractional ownership of projects like solar installations, allowing individuals and businesses to invest small amounts and earn passive income through securitized debt instruments backed by clean energy generation.The platform connects investors with corporates and MSMEs seeking zero-upfront-cost transitions to renewables, facilitating electricity cost savings while providing transparency via digital dashboards for tracking returns and project performance.It promotes green financing by democratizing access to high-barrier assets, with plans to expand into wind, hydro, and EV infrastructure for broader impact.
Funding rounds
- Latest round (Pre Series A): $ 1.70 Mn (₹14.54 Cr.), 2024-12-23. Investors: Inflection Point Ventures (IPV), Antler India, WEH Ventures, Venture Catalysts, Soonicorn Ventures, Faad Capital
- Past round: $ 0.25 Mn (₹2.08 Cr.), 2023-12-01. Investors: Anthill Ventures, Gruhas