Climate-tech startup RenewCred raises 4.25 Cr in seed round
- ByStartupStory | January 15, 2026
RenewCred Raises ₹4.25 Cr in Seed Round to Power Climate-Tech Financing Revolution
RenewCred, the climate-tech startup revolutionizing financing for renewable energy projects in India, has raised ₹4.25 crore in seed funding from marquee investors betting on the green financing bottleneck strangling solar, EV charging, and waste-to-energy adoption.
The Bengaluru-based platform connects developers facing 18-24 month funding delays with lenders seeking 15%+ risk-adjusted returns through AI-powered credit assessment tailored for green projects. Unlike traditional NBFCs demanding collateral on unproven technologies, RenewCred evaluates revenue potential from PPAs, REC certificates, and carbon credits alongside conventional metrics.
Co-founders Ankit Sharma and Priya Rao built RenewCred after witnessing rooftop solar projects stall despite 40% government subsidies. Their platform slashes approval times to 72 hours by automating site viability analysis, regulatory compliance checks, and yield forecasting – delivering working capital to 300+ projects worth ₹500 crore.
The fresh capital accelerates nationwide rollout targeting Tier-2 solar hubs and EV charging operators. RenewCred eyes 10x growth by onboarding 5,000 MW projects annually while launching a secondary marketplace for green debt trading.
In India’s race toward 500 GW renewables by 2030, RenewCred proves financing innovation accelerates deployment faster than manufacturing scale. Four crore becomes the spark igniting thousands of megawatts when AI unleashes capital flow matching climate ambition.
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