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EverSource Capital, VC Fund

EverSource Capital

VC Fund

Mumbai, India

EverSource Capital is a VC fund in Mumbai focused on Energy and Finance. EverSource is the fund manager of the Green Growth Equity Fund (GGEF or the Fund), established with anchor investment from India’s National Investment and Infrastructure Fund (NIIF) and the Department for International Development (DFID).

Total investments:
5
Last investment:
Lead investor:
40%

Last updated:

Industries EverSource Capital invests in

EnergyFinanceInsuranceBiotechnologyRenewable Energy

Stages EverSource Capital invests in

Series BSeries APrivate Equity

Countries EverSource Capital invests in

IndiaSingapore

Contacts

NameEmailPhoneSocials
Shishir Maheshwari Shishir Maheshwari

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Investment Focus

Industry

  • Energy 1 (20%)
  • Finance 1 (20%)
  • Insurance 1 (20%)
  • Biotechnology 1 (20%)
  • Renewable Energy 1 (20%)
See all 7 industries →

Stage

  • Series B 2 (40%)
  • Series A 1 (20%)
  • Private Equity 1 (20%)

Country

  • India 2 (40%)
  • Singapore 1 (20%)

Team

NameTitleInvestmentsLinksEmail
Shishir Maheshwari
Shishir Maheshwari Executive Director - Investment
Executive Director - Investment Total investments: 1
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Investments

CompanyDescriptionRoundLinks
Ecofy Ecofy
Ecofy is a green-only NBFC in India, offering financial solutions for eco-friendly initiatives, including loans, leases, and insurance. $41.2M / Series B / Mar 16, 2026
Ayana Renewable Power Ayana Renewable Power
Ayana Renewable Power has been set up by CDC Group Plc. to develop significant megawatts (MWs) of renewable energy generation capacities in India and its neighbouring countries in South Asia, namely Bangladesh, Nepal, Bhutan, Myanmar and Sri Lanka. Private Equity / Dec 18, 2020
RWDC Industries RWDC Industries
RWDC develops biodegradable bioplastic that can be used to make cutlery, drinking straws and cup lids, foodand beverage packaging, as well as diapers, among other things. It produces medium-chain-length polyhydroxyalkanoate(mcl-PHA), which are naturally produced by bacterial fermentation of plant-based oils or sugar. RWDC’s PHA is certified to befully biodegradable in soil, water and marine conditions. $133M / Series B / May 05, 2020
RWDC Industries RWDC Industries
RWDC develops biodegradable bioplastic that can be used to make cutlery, drinking straws and cup lids, foodand beverage packaging, as well as diapers, among other things. It produces medium-chain-length polyhydroxyalkanoate(mcl-PHA), which are naturally produced by bacterial fermentation of plant-based oils or sugar. RWDC’s PHA is certified to befully biodegradable in soil, water and marine conditions. $22M / Series A / Apr 23, 2019
Ayana Renewable Power Ayana Renewable Power
Ayana Renewable Power has been set up by CDC Group Plc. to develop significant megawatts (MWs) of renewable energy generation capacities in India and its neighbouring countries in South Asia, namely Bangladesh, Nepal, Bhutan, Myanmar and Sri Lanka. Private Equity / Feb 28, 2019

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FAQ

What does EverSource Capital invest in?

EverSource Capital invests primarily in Energy, Finance and Insurance startups, most often at Series B and Series A stage. Most of the 5 investments tracked by Shizune back companies in India. The Investment Focus section breaks down every industry, stage and country in the portfolio.

How do I contact EverSource Capital?

Public channels for EverSource Capital include LinkedIn and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

Who are the partners at EverSource Capital?

The team at EverSource Capital includes Shishir Maheshwari (Executive Director - Investment). The Team section lists each member with their title, investment count and links.

Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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