In a funding round led by WEH Ventures, SustVest, an investment platform focused on renewable energy projects, received $250K. With this latest round, the Gurugram-based company has gained more support.
Additionally, SustVest has profited from Anthill Ventures, DLF Family Office, and Gruhas’ Acceleration. The recently obtained funds will be used to increase SustVest’s user base.
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Devansh Shah, Co-founder, SustVest, said “We are thrilled to announce our recent fundraising of $250,000 in funding, led by WEH Ventures. This investment marks a significant milestone in our journey towards redefining the intersection of finance and sustainability. The enthusiastic support from WEH Ventures validates our vision of creating a visionary gateway to the future of conscientious wealth building. The funds raised will be strategically utilized to expand our user base and propel us towards our ambitious goal of reaching 100 crore of Assets Under Management (AUM).”
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“This injection of capital will empower us to amplify our impact in the Indian market, fostering positive change through sustainable investments. This funding not only fuels our growth but also reinforces our dedication to projects that make a tangible difference. To date, projects on SustVest have already resulted in saving 20 lakh kgs in CO2 emissions, and we are poised to continue creating such impactful changes for the next 30 years,” he added.
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“We are excited to back them as they build out a scaled renewable asset play. SustVest’s disruptive model aligns with our commitment to drive impactful revolution. As we chart the course ahead, WEH Ventures is proud to support SustVest in reshaping the investment landscape, fostering industry partnerships, and accelerating towards a greener, more sustainable future,” said Deepak Gupta, General Partner, WEH Ventures.“We are excited to back them as they build out a scaled renewable asset play. SustVest’s disruptive model aligns with our commitment to drive impactful revolution. As we chart the course ahead, WEH Ventures is proud to support SustVest in reshaping the investment landscape, fostering industry partnerships, and accelerating towards a greener, more sustainable future,” said Deepak Gupta, General Partner, WEH Ventures.
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About SustVest
SustVests aim to develop deep and meaningful relationships based on our strong values to present sustainable solutions to existing global problems including Climate Change in an inspiring but realistic way. SustVest appreciates environmental regard in businesses and finds itself deeply involved in the Climate-Action-Strategies. SustVest adopts creativity, plans projects and innovates to financially reward everyone engaged within.
