Clean Energy Revolution in India Gets $3.5 Million in Seed Funding

Urja Sathi, an innovative Lucknow-based sustainable energy tech company, has raised a substantial seed round of INR 3.5 Million. Entrepreneurs and investors with big ideas, Ankitt and Sharlee Jain, led the funding round. Ayu Sharma and Neeraj Kumar Pawar, co-founders of Pror In Pvt Ltd, helped make the seed investment possible.

Established in 2023, Urja Sathi recently showcased its unique business plan at the PROR India Wealth Summit and successfully secured its first funding round, having previously been self-funded. In India, the company wants to change the clean energy industry by creating Urja Sathi, a one-stop sustainable energy-tech platform. The online market is only for products and services that use renewable energy and are good for the earth. At first, it will focus on solar solutions.


Urja Sathi's founder, Anurag Srivastava, was excited about the funding and said, "We thank our esteemed investors Ankitt Jain and Sharlee Jain for supporting Urja Sathi's mission." Urja Sathi's long-term goal is to become the biggest and most efficient marketplace in India for green energy. This investment is a big step forward in that direction.

With the money raised, they will hire more people, improve customer service, and boost their marketing, to become more visible to both B2B and B2C groups.

Ankitt and Sharlee Jain, investors and co-founders of Paper Arizona talked about how important Urja Sathi's work is in changing the clean energy business in India. According to them, Urja Sathi's attention on the market, technology, and solar power will greatly improve and change the clean energy business in India.

For Urja Sathi's dedication to both sustainability and innovation, Saurabh Jain, Co-Founder at FSV Capital and advisor to the company, said, "Urja Sathi is fostering the best of both ideals and gaining rapid traction in India's emerging solar business landscape."

India wants to get half of its power from green sources by 2030. Urja Sathi wants to help with problems like end users not knowing about them and not being able to afford them. By April 2024, the platform wants to release its main "Urja Sathi mobile app." Within the next year, it wants to have over 5,000 solar makers, EPC players, and sustainable energy solutions providers in India signed up.

Urja Sathi will soon be focusing on more than just solar energy. It will also be looking at Green Hydrogen, EVs, wind, and other new areas of green energy in India. The recent seed funding is a big step towards reaching these lofty goals and helping India make the switch to clean energy.