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Urja Sathi Powers Up for India's Clean Energy Revolution witha funding of Rs. 3.5 million

Indian clean energy startup Urja Sathi has secured a seed funding of Rs 3.5 million, marking a major milestone in its mission to transform the country's renewable energy landscape. This investment, led by entrepreneurs Ankitt Jain and Sharlee Jain, will fuel Urja Sathi's growth as it strives to unite the clean energy market and serve both businesses and individual consumers.


Anurag Srivastava, Urja Sathi's founder, hailed the funding as a turning point for the company. He envisions the platform as a one-stop shop for all things clean energy in India, creating the biggest and most reliable marketplace for renewable energy solutions.


The Jain couple, who are also investors besides leading Paper Arizona, are impressed by Urja Sathi's potential to disrupt the clean energy sector. They believe the platform's innovative approach effectively addresses current market gaps, making their investment a strong endorsement of Urja Sathi's role in speeding up India's shift to sustainable energy.


With this fresh funding, Urja Sathi is gearing up for rapid expansion. They plan to launch a mobile app by April 2024 and onboard over 5000 clean energy players across solar, EPC (engineering, procurement, and construction), and other sustainable solutions. Their target is to attract at least 100,000 individual customers within a year.


Urja Sathi isn't just focused on solar. The platform has its sights set on other renewable energy sources like green hydrogen, electric vehicles, and wind power, further solidifying India's green energy portfolio.

Urja Sathi's platform tackles challenges like low awareness and financing hurdles that hinder clean energy adoption, paving the way for a smoother shift towards renewable sources.


As India strives to meet its ambitious goal of 50% renewable energy by 2030, Urja Sathi's innovative marketplace and mobile app are set to play a key role. This will ultimately contribute to India's target of achieving Net Zero emissions by 2070.


 

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