Chanakya Opportunities Fund, an investment firm that specializes in small and medium enterprises (SMEs), has invested an undisclosed sum in the INR 36 crore pre-IPO funding round for Sadbhav Future Tech, a frontrunner in India's agri-renewable energy space. The strategic investment fits with Chanakya's mission of backing scalable and sustainable businesses with high long-term market opportunity. To date, the fund has invested around INR 18 crore in the renewable energy space.

Established in 2020, Sadbhav Future Tech deals in cutting-edge solar energy solutions for the farming industry. The company offers on-grid and off-grid solutions such as solar pumps, rooftop solar, and utility scale solar power plants. With more than 50,000 solar pumps installed, Sadbhav aims to further the green energy revolution and help enhance the lives of one million farmers in the next ten years.

As one of the key supporters of the Government of India's PM-KUSUM initiative, Sadbhav is an integral contributor to rural electrification, diesel reduction, and farmer income improvement through enhanced access to solar technology. With Bhupender Singh, Nilesh Jain, and Saikat Roy leading the company, it has established a footprint in India with active operations in states including Maharashtra, Haryana, Chhattisgarh, Madhya Pradesh, Assam, and Rajasthan.

Kresha Gupta, Founder and Director, StepTrade Share Services, was positive about Sadbhav's stellar growth in the solar pump business, saying, "We are delighted to be a part of its journey to expand." Saikat Roy, Director, Sadbhav Future Tech, added, "This investment will help us scale our business and invest more in next-generation solar technologies, helping make India greener and more sustainable."

With India fast-tracking its shift to clean energy, Chanakya's investment reflects growing investor faith in green businesses with potential to revolutionize.

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