RenewCred, an India-based climate-tech and clean-energy financing platform, has closed a ₹415 crore (~USD 50 million) seed funding round led by Campus Angels Network, marking one of the largest early-stage raises in the climate tech ecosystem. The round also saw participation from marquee investors, reinforcing confidence in innovative financing solutions that accelerate the transition to sustainable energy infrastructure.

The fresh capital will be deployed to expand RenewCred’s credit-enablement platform, scale its risk analytics and digital underwriting capabilities, and increase lending capacity for distributed renewable energy projects across India. By integrating data-driven risk assessment and flexible financing structures, RenewCred aims to unlock capital for developers, commercial projects, MSMEs, and community energy initiatives that historically face barriers to credit access.

Founded to bridge the financing gap in the clean energy value chain, RenewCred uses advanced analytics and customised financing instruments to underwrite solar, wind, and distributed energy assets. The company’s technology-led approach targets improvements in asset performance visibility, credit risk mitigation, and faster lending decisions, a critical enabler for project scale and investability.

Investor interest in the round reflects a broader shift toward climate-aligned capital flows and innovative financial infrastructure that supports net-zero and sustainability goals. As India seeks to accelerate its energy transition, platforms like RenewCred are emerging as strategic partners for banks, NBFCs, impact investors, and ecosystem stakeholders looking to balance risk, return, and environmental impact.

With the new funding, RenewCred will also invest in team growth, strengthen partnerships with financial institutions, and enhance product offerings to support a diverse pipeline of clean energy assets. Its success highlights how technology-enabled financing solutions can unlock talent, capital, and scale for India’s clean-energy economy.