Artha Energy launches Fintech platform for investing in Renewable assets

Firm says this is first such fintech platform for HNIs to own and invest in renewable assets; the facility already has assets worth Rs 7 crore which includes four projects

Shreya Jai New Delhi
Renewable Energy, Solar Energy

Artha Energy Resources, a renewable energy solutions company has launched a platform for retail investors to own solar or wind power assets and earn returns to the tune of 11-12 per cent. The company on Wednesday announced its new platform RenewShare which will enable fractional ownership of RE assets in the country.
Speaking with Business Standard, Animesh Damani, managing partner at Artha and CEO, RenewShare said this is first such fintech platform for ‘high net worth individuals (HNIs) to own and invest in renewable energy assets. He said the platform already has assets worth Rs 7 crore which includes four projects.
“We have Rs 10 crore of commitments from investors who are majorly HNIs, angel investors, family offices and professionals with a large exposure to fixed-income. We will facilitate over Rs 200 crores worth of transactions per annum by FY 2024,” Damani said.

Also Read

Wind sector stares at cost surge amid supply glut: Industry experts

Adani vs Reliance: Stage is set for India's Green Energy Revolution

Hidden costs of renewable power in compulsory purchases of RE for discoms

IsGoingOnline raises Rs 1.5 cr in pre-Series A led by Artha Venture Fund

Overseas green capital chasing renewable energy firms across India

Wipro Q3 net profit flat at Rs 2,969 cr YoY, up 1.3% sequentially

Macro factors have spooked Paytm's market performance: Vijay Shekhar Sharma

Supertech case: 'Return money to homebuyers by Jan 17,' says SC

RailTel to create 'edge data centres' for digital delivery in rural areas

Foxconn India's iPhone plant restarts production after Dec protests

First Published: Jan 12 2022 | 6:12 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on are available only to BS Premium subscribers. Already a BS Premium subscriber?LOGIN NOW

Register to