ADB & Shriram Finance Sign Deal To Boost EV Financing in India Updated On Tue, Mar 25th, 2025 by Saurenergy The Asian Development Bank (ADB) and Shriram Finance Limited have signed a loan agreement for $150 million to boost access to finance for micro, small, and medium-sized enterprises (MSMEs) in India. The agreement will focus on granting business loans for financing electric vehicles (EVs) and low-emission commercial vehicles for business purposes. The loan will particularly […] Read more
Amrut Energy Secures ₹100 Cr From Private Equity Investors Updated On Thu, Mar 13th, 2025 by Saurenergy Amrut Energy Pvt Ltd, a leading manufacturer of solar water pumps and renewable energy solutions from Ahmedabad, has successfully raised ₹100 crores in funding from private equity investors. This investment will propel the company’s rapid growth, expand its manufacturing capabilities, drive research and development, and scale operations across underserved regions. The investment will expand manufacturing […] Read more
AmpereHour Energy Secures $5mn In Series A Funding Updated On Wed, Mar 12th, 2025 by Saurenergy Pune-based energy storage solutions company AmpereHour has now bagged a fresh funding of $ 5 million USD in a series A funding. The funding round was led by Avaana Capital. UC Impower and some existing angel investors also participated in the round. AmpereHour Energy is a provider of full-stack energy storage solutions, which is seeking […] Read more
SustVest Raises Rs 14 crores in Pre-Series A Round Updated On Mon, Dec 23rd, 2024 by Saurenergy Sustainable Investment Platform SustVest Raises $1.7 Million in Pre-Series A Round Led by Inflection Point Ventures and Antler SustVest claims to be India’s first regulated platform for sustainable investments, offering investments in renewable energy. It delivers 12-14% XIRR returns with monthly payouts while enabling C&I consumers to access zero-cost solar projects, reducing electricity costs by […] Read more
Indian Renewable Energy Lending Up By 60%, Says CFA Report Updated On Thu, Dec 19th, 2024 by Saurenergy The latest report from the Centre for Financial Accountability (CFA) said that lending for renewable energy projects in India has increased. CFA released its seventh annual Coal Versus Renewables Investment report today, shedding the light on the issue. The report, which traditionally looked at project finance lending to coal, solar, and wind, increased its scope […] Read more
Govt Released Rs 1,325 crore Till Now For PM-KUSUM Updated On Wed, Dec 4th, 2024 by Saurenergy Latest data from the government furnished before the Parliament revealed that the government has infused around Rs 1,325 crore for promoting solar irrigation. This was done with the central funding for the PM-KUSUM scheme, dedicated to boosting solar irrigation across the country. The latest data said that the government invested a total of Rs 1,325.77 […] Read more
Power Grid To Raise Funds To Secure Rs 5,000cr Through Bonds Updated On Tue, Oct 22nd, 2024 by Saurenergy Indian government enterprise Power Grid has now decided to raise fresh funding by issuing bonds to secure Rs 5000 crore on a private placement basis. The public-listed company in its latest disclosure before the stock exchange said that the Board of Director of the firm has approved the plan. “…this is to inform that the […] Read more
ZEVO Secures $2 Million In Pre-Series A Funding Updated On Thu, Oct 3rd, 2024 by Saurenergy ZEVO, a powerhouse tech-enabled Electric Vehicle (EV) mobility platform, has successfully raised $2 million in a Pre-Series A funding round. The investment was led by Pegasus India Fund, BizDateUp, JIIF and a family office. The newly acquired funds will be utilized to deploy 5,000 electric vehicles and develop fulfilment centres across key locations. “This initiative […] Read more
IGREL Renewables Raises Rs 300cr Equity Capital From Marquee Investors Updated On Wed, Sep 18th, 2024 by Saurenergy INOXGFL Group, one of India’s business groups operating in the renewable sector announced that its privately held renewable power generation platform, IGREL Renewables Ltd., has raised Rs 300 crore equity capital, eventually resulting into a single digit dilution. The capital raise witnessed participation by marquee investors, including Akash Bhansali, Rohit Kothari, and Madhusudan Kela, through […] Read more
