# EverSource Capital

> EverSource Capital is a VC fund in Mumbai backing Energy and Finance. See 5 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Mumbai, India
- Total investments: 5
- Last investment: Mar 2026
- Lead investor: 40%
- Last updated: Aug 2026
- LinkedIn: https://in.linkedin.com/company/eversource-capital
- Website: https://www.eversourcecapital.com

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).

## Contacts

5 contacts available for EverSource Capital. Shizune tracks 1 team members at EverSource Capital. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/eversource-capital?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Energy | 1 | 20% |
| Finance | 1 | 20% |
| Insurance | 1 | 20% |
| Biotechnology | 1 | 20% |
| Renewable Energy | 1 | 20% |

7 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series B | 2 | 40% |
| Series A | 1 | 20% |
| Private Equity | 1 | 20% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| India | 2 | 40% |
| Singapore | 1 | 20% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Shishir Maheshwari | Executive Director - Investment | 1 | https://shizune.co/investors/profile/shishir-maheshwari |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| 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 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 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 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 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 |  |

5 of 5 investments shown.

## Co-investors
- [British International Investment](https://shizune.co/investors/profile/cdc-group) — VC Fund, 3 deals together
- [Finnfund](https://shizune.co/investors/profile/finnfund) — VC Fund, 2 deals together
- [NIIF](https://shizune.co/investors/profile/niif-ltd) — VC Fund, 2 deals together
- [Vickers Venture Partners](https://shizune.co/investors/profile/vickers-capital-group) — VC Fund, 2 deals together
- [WI Harper Group](https://shizune.co/investors/profile/wi-harper-group) — VC Fund, 2 deals together
- [CPV / CAP Pension Fund Coop.](https://shizune.co/investors/profile/cpv-cap-pension-fund-coop) — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [General Catalyst](https://shizune.co/investors/profile/general-catalyst-partners) — VC Fund
- [FJ Labs](https://shizune.co/investors/profile/fj-labs) — VC Fund

## 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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