Is Agri-Renewable India’s Next Big Bet? This Startup Funding Hints So

In a country where agriculture still fuels the livelihoods of over half the population, a silent revolution is underway—one driven not by seeds or fertilizers, but by sunlight. Amid India’s ambitious push for renewable energy and self-reliant farming, one startup has been quietly transforming rural landscapes with solar-powered solutions. And now, it’s caught the eye of a discerning investor.

Ahmedabad-headquartered Sadbhav Future Tech, a pioneering agri-renewable startup, has raised Rs 36 crore in a pre-IPO round, with a significant, undisclosed investment from the SME-focused Chanakya Opportunities Fund. The fund’s commitment isn't just financial—it's a resounding vote of confidence in the future of sustainable agriculture and clean energy in India.

A Strategic Bet on a Greener Tomorrow

For Chanakya Opportunities Fund, this investment aligns perfectly with its broader vision—nurturing early-stage, scalable businesses with long-term market potential. The fund has already allocated Rs 18 crore into the renewable energy sector, and Sadbhav’s mission to transform India’s farmlands through solar solutions made it an ideal candidate.

“At Chanakya Opportunities Fund, we believe in backing enterprises that drive innovation and sustainability,” said Kresha Gupta, Founder and Director of StepTrade Share Services, which manages the fund.

 “Sadbhav Future Tech has showcased remarkable growth in the Solar Pump space, and we are excited to support its journey towards expansion.”

Sadbhav Future Tech: The Startup Powering India’s Fields

Founded in 2020, Sadbhav Future Tech is not just another solar energy company. It is one of the few Indian startups focused exclusively on providing end-to-end solar energy solutions tailored for the agricultural sector. From solar pumps and rooftop installations to on-grid and off-grid systems and large-scale power plants, Sadbhav is building a new paradigm in how India’s farmers access energy.

With over 50,000 solar pumps already installed across the country, Sadbhav’s impact is tangible. The company’s tech-first approach aims to touch the lives of 1 million farmers in the next decade, reducing their dependency on erratic power supply or diesel-run irrigation.

“Our goal at Sadbhav Future Tech is to revolutionize solar energy and offer sustainable alternatives for businesses and individuals,” said Saikat Roy, Director and Co-founder of Sadbhav. “This investment from Chanakya Opportunities Fund will help us scale our operations and enhance our technological capabilities.”

Supporting National Missions: PM-KUSUM at the Heart

What makes Sadbhav stand out in a crowded renewable energy space is its deep alignment with governmental policy frameworks. The startup is an active supporter of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) scheme—an initiative that seeks to ensure energy and water security for farmers while increasing income and reducing diesel dependency.

By offering innovative and accessible solar solutions, Sadbhav is directly contributing to the scheme’s goals of sustainable irrigation, clean energy adoption, and environmental protection in India’s rural belts.

The journey of Sadbhav Future Tech is helmed by three passionate entrepreneurs—Bhupender Singh, Nilesh Jain, and Saikat Roy. Each brings a unique blend of operational insight, renewable energy expertise, and strategic thinking.

Together, they’ve built a strong presence in Maharashtra, Haryana, Chhattisgarh, Madhya Pradesh, Assam, and Rajasthan, tailoring their approach to suit the geographic and socio-economic needs of diverse regions.

Their goal is not just technological transformation—it’s behavioral change. “For us, clean energy isn’t a luxury—it’s a necessity. Our mission is to ensure that the smallest farmer in the remotest village can benefit from the sun, just as much as an urban rooftop owner,” says Nilesh Jain.

Green Investing: The New Mandate for India’s Funds

Chanakya’s investment also highlights a broader trend in the Indian capital ecosystem—the increasing appetite for green startups, especially those that intersect with real-world problems. From climate tech to circular economy models, funds are now seeking ventures that offer both high returns and high impact.

Sadbhav Future Tech sits at the perfect intersection of these demands. With robust financials, proven tech, and a strong policy-aligned model, it represents the kind of business that can scale responsibly and profitably.

What Lies Ahead: Scaling the Solar Frontier

With this fresh funding, Sadbhav plans to expand its reach across new states, ramp up production, invest in R&D for next-gen solar technology, and further integrate IoT and AI into its solutions for smarter farm energy management.

The company’s vision for the next 10 years is bold: powering one million farms, reducing the carbon footprint of Indian agriculture, and playing a pivotal role in India’s 2070 net-zero target.

Sadbhav Future Tech’s journey is emblematic of a larger shift in India's startup landscape—a move from convenience tech to impact tech. It’s a story where sunlight becomes a service, and farming becomes futuristic.

With the backing of visionary funds like Chanakya Opportunities Fund, startups like Sadbhav are not just chasing valuations—they’re creating real-world value.

And if their solar-powered dream continues to unfold this way, the fields of India may soon gleam not just with crops—but with clean, green energy.