When was SustVest founded?

SustVest was founded in 2018 and raised its 1st funding round 3 years after it was founded.

Where is SustVest located?

SustVest is headquartered in Gurugram, India. It is registered at Sco No.32 2nd Floor, M3M 113 Market, Sector 113, Narsinghpur, Gurgaon, Narsinghpur, Haryana, India, 122004.

Who is the current CEO of SustVest?

Hardik Bhatia of SustVest. They have also founded 2 companies.

Which legal entities is SustVest associated with?

SustVest is associated with SOLARGRIDX VENTURES PRIVATE LIMITED and 1 other.

How many employees does SustVest have?

As of May 31, 2026, the latest employee count at SustVest is 20.

Is SustVest a funded company?

SustVest is a funded company, having raised a total of $2.12M across 5 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Dec 04, 2021.

How much is SustVest worth?

The latest valuation of SustVest is ₹***** as of Dec 21, 2024.

When was the latest funding round of SustVest?

SustVest's latest funding was a $***** Conventional Debt round on Dec 23, 2024, with participation from 6 investors. Its primary sector is Investment Tech. In India, the Investment Tech sector has seen $94M in funding in 2026 to date.

What is the annual revenue of SustVest?

Annual revenue of SustVest is less than ₹10 Cr as on Mar 31, 2025

Where does SustVest rank among its competitors?

SustVest ranks 1st amongst 6 active competitors, only 1 of which is funded., of which only SustVest is funded and secured an undisclosed amount in Dec, 2024.

Who are the top competitors of SustVest?

SustVest's top competitors include Greenfin, SustAlts and Amplify Energy Innovations. Among them, SustVest secured the most recent funding round in December, 2024.

SustVest - 2026 Company Profile, Team, Funding, Competitors & Financials

SustVest is a seed company based in Gurugram (India), founded in 2018 by Devansh Shah, Hardik Bhatia and Konda Venkata Prasanth Sai. It operates as an Investment platform offering solar investments. SustVest has raised $2.12M in funding from investors like WEH Ventures, Antler and Inflection Point Ventures, with a current valuation of ₹*****. The company has 6 active competitors, including 1 that is funded. Its top competitors include companies like Greenfin, SustAlts and Amplify Energy Innovations.

Company Details

Investment platform offering solar investments. It offers ownership for solar projects via securitized debt instruments helping investors earn XIRR. The platform provides solutions in solar rooftop installations, and helps investors to invest in these projects by signing a PPA.

Website: sustvest.com
Social
Email ID: *****@sustvest.com
Phone Number: +91 **********, +91 **********
Registered Address: Sco No.32 2nd Floor, M3M 113 Market, Sector 113, Narsinghpur, Gurgaon, Narsinghpur, Haryana, India, 122004

Key Metrics

Founded Year

2018

Location

Gurugram, India

Stage

Seed

Total Funding

$2.12M in 5 rounds

Latest Funding Round

Conventional Debt, Dec 23, 2024, $*****

Post Money Valuation

₹***** as on Dec 21, 2024

Investors

WEH Ventures & 26 more

Ranked

1^st among 6 active competitors

Annual Revenue

0 - ₹10 Cr as on Mar 31, 2025

Employee Count

20 as on May 31, 2026

Similar Companies

Clean Capital & 173 more

View SustVest's full profile

SustVest is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
SOLARGRIDX VENTURES PRIVATE LIMITED CIN: U40108HR2020PTC088214 , India, Active	Aug 10, 2020	0 - ₹10 Cr (As on Mar 31, 2025)	-
SUSTVEST BROKING PRIVATE LIMITED CIN: U66120HR2024PTC119856 , India, Active	Mar 15, 2024	0 - ₹10 Cr (As on Mar 31, 2025)	-

SustVest has raised a total funding of $2.12M over 5 rounds. Its first funding round was on Dec 04, 2021. Its latest funding round was a Conventional Debt round on Dec 23, 2024 for $*****. 6 investors participated in its latest round. SustVest has 14 institutional investors and 13 angel investors.

Here is the list of recent funding rounds of SustVest:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 23, 2024	8067939	Conventional Debt	5344859	3013606	3463394	1198283
Dec 21, 2024	3195156	Seed	3786212	2782076	9145935	WEH Ventures & 3 more
Jul 15, 2023	8489811	Seed	9211498	3425645	WEH Ventures	Asav Partner & 3 more

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View details of SustVest's funding rounds and investors

The founders of SustVest are Devansh Shah, Hardik Bhatia and Konda Venkata Prasanth Sai. Hardik Bhatia is the CEO of SustVest.

Here are the details of SustVest's key team members:

Devansh Shah: Co-Founder/Cto of SustVest. They serve on the board of 1 company.
Contact Info: 1 email address
Hardik Bhatia: Co-Founder & CEO of SustVest and founder of 2 other companies, SolarGridX and SolarGridX.
Contact Info: 1 email address
Konda Venkata Prasanth Sai: Co-Founder of SustVest.

View details of SustVest's Founder profiles and Board Members

SustVest's employee count trend

SustVest has 20 employees as of May 26. Here is SustVest's employee count trend over the years:

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Top competitors of SustVest include Greenfin, SustAlts and Amplify Energy Innovations. Here is the list of Top 10 competitors of SustVest, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	SustVest 2018, Gurugram (India), Seed	Investment platform offering solar investments	$2.12M	Venture Catalysts, Faad Capital & 25 others	41/100
2nd	Greenfin 2018, Jaipur (India), Unfunded	Provider of financing solutions for solar, MSME, and EV charging infrastructure	-	-	39/100
3rd	SustAlts 2018, Ahmedabad (India), Unfunded	Online platform offering fractional ownership of renewable energy projects	-	-	34/100
4th	Amplify Energy Innovations 2019, Hyderabad (India), Deadpooled	Solar energy marketplace that connects customers, financers, and solar manufacturers	-	-	30/100
5th	Hamsa Asset Management 2020, Chennai (India), Deadpooled	Offering investment platform for renewable energy project	-	-	29/100
6th	Greenervest 2024, Delhi (India), Unfunded	Green energy investment platform and EPC company that specializes in providing sustainable energy solutions	-	-	24/100
7th	Raj process Jalna (India), Unfunded	Developer of renewable energy systems including solar, wind, biomass, hydroelectric	-	-	20/100
8th	Digiup 2022, Hyderabad (India), Unfunded	Provider of digital, technology, and finance solutions for sustainability challenges	-	-	15/100
9th	Lytyfy 2015, Mumbai (India), Deadpooled	P2P social crowdfunding platform	-	Axilor Ventures	13/100

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Founders (largest shareholder) own 59.12%, Funds own 9.25%, Enterprises own 2.52% and Angels own 18.37%. The net worth of SustVest's founders is INR 20.7Cr as of Dec 21, 2024.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	59.12%	20.7Cr	3051131	5274924	8306484	3313385
Hardik Bhatia	9050080	4444791	3428281	6557728	5730265	1974124
Devansh Shah	5776686	7964767	2348117	7521537	9122369	4002592
Konda Venkata Prasanth Sai	50833	53394	40647	21576	55558	59879
Fund	9.25%	3.24Cr	6618619	4746257	5974303	6267947
WEH Ventures	441524	218124	914462	509181	123475	301190
Inflection Point Ventures	0	0	0	0	0	0
Enterprise	2.52%	88.4L	93	70	81	81
Angel	18.37%	6.44Cr	6041194	1347382	6394859	2179477
Balaji Vaidyanathan	70092	66931	92794	41098	10098	66390
Other People	0.14%	4.91L	0	0	0	0
ESOP Pool	8.77%	3.07Cr	7947178	4114300	5338740	1648513
Other Investors	1.82%	63.9L	3	5	4	1
Total	99.99%	35Cr	5157751	1410435	3713854	5097383