Chanakya Opportunities Fund has invested ₹36 crore (approximately $4.19 million) in the pre-IPO round of Sadbhav Future Tech, signaling its growing commitment to India’s renewable energy sector. This latest move brings Chanakya’s total investment in the space to around ₹18 crore, reflecting a focused strategy to support clean energy innovations.
Sadbhav Future Tech, founded in 2020 and led by Bhupender Singh, Nilesh Jain, and Saikat Roy, is a renewable energy company leveraging advanced solar technology to make clean energy solutions more efficient and accessible. With over 50,000 solar pumps already installed, the company offers both rooftop and large-scale solar systems across several Indian states.
A key part of Sadbhav’s mission is aligned with the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) scheme—an initiative by the Indian government to help farmers reduce reliance on diesel, cut emissions, and improve incomes through solar-powered energy solutions. The company has an ambitious vision to impact the lives of 1 million farmers over the next decade.
Operating in regions such as Maharashtra, Assam, and Rajasthan, Sadbhav Future Tech continues to expand its reach and impact in India’s agricultural and energy landscapes. With fresh backing from Chanakya Opportunities Fund, the company is better positioned to scale its operations and bring solar energy to the heart of rural India.
