# Energy investors in India (2026 list)

> 52 energy investors in India, 85% active in the last 12 months. Led by Lightspeed Venture Partners, B Capital, Temasek Holdings. Ranked by what they funded.

Source: https://millionrounds.com/lists/energy-investors-in-india (Millionrounds; every figure on the page links to its filing or article)

[Investor Lists](https://millionrounds.com/lists)

# Energy investors in India

Updated 7 November 2026

Firms observed backing an energy company in India in the last two years, wherever the firm is based.

[See all 52 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fenergy-investors-in-india)The top 25

**52** investors on the list *+5* this week

**561** cheques in 12 months *+0%* against the market

**$14M** median round they joined *+71%* against the market median

**85%** wrote a cheque in 12 months

**54%** have led a round

## The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (24)

- 1 [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) *Deploying now* VC firm · United States **1,341** **$35M** median round **Nov 2026** last seen
- 2 [B Capital](https://millionrounds.com/fund/b-capital) *Deploying now* VC firm · United States **495** **$14M** median round **Oct 2026** last seen
- 3 [Temasek Holdings](https://millionrounds.com/fund/temasek) *Deploying now* VC firm · Singapore **384** **$100M** median round **Oct 2026** last seen
- 4 [Blume Ventures](https://millionrounds.com/fund/blume-ventures) *Deploying now* VC firm · India **225** **$5M** median round **Nov 2026** last seen
- 5 [BEENEXT](https://millionrounds.com/fund/beenext) *Deploying now* VC firm · Singapore **161** **$6.1M** median round **Oct 2026** last seen
- 6 [Eurazeo](https://millionrounds.com/fund/eurazeo) *Deploying now* Private equity · France **150** **$28M** median round **Oct 2026** last seen
- 7 [Lowercarbon Capital](https://millionrounds.com/fund/lowercarbon-capital) *Deploying now* VC firm · United States **146** **$21M** median round **Oct 2026** last seen
- 8 [Rainmatter by Zerodha](https://millionrounds.com/fund/rainmatter-by-zerodha) *Deploying now* Corporate VC · India **79** **$2.5M** median round **Nov 2026** last seen
- 9 [Alpha Wave Global](https://millionrounds.com/fund/alpha-wave-global) *Deploying now* Private equity · United States **70** **$48M** median round **Oct 2026** last seen
- 10 [CPP Investments](https://millionrounds.com/fund/cpp-investments) *Deploying now* Growth equity **59** **$200M** median round **Oct 2026** last seen
- 11 [Lightrock](https://millionrounds.com/fund/lightrock) *Deploying now* VC firm · United Kingdom **55** **$53M** median round **Sept 2026** last seen
- 12 [Ontario Teachers' Pension Plan](https://millionrounds.com/fund/ontario-teachers-pension-plan) *Deploying now* VC firm · Canada **32** **$1.5B** median round **Oct 2026** last seen
- 13 [IvyCap Ventures](https://millionrounds.com/fund/ivycap-ventures) *Deploying now* VC firm · India **22** **$11M** median round **Nov 2026** last seen
- 14 [WestBridge Capital](https://millionrounds.com/fund/westbridge-capital) *Deploying now* VC firm · United States **19** **$50M** median round **Jul 2026** last seen
- 15 [Omnivore](https://millionrounds.com/fund/omnivore) *Deploying now* VC firm · India **15** **$10M** median round **Nov 2026** last seen
- 16 [Ecosystem Integrity Fund](https://millionrounds.com/fund/ecosystem-integrity-fund) *Deploying now* VC firm · United States **14** **$11M** median round **Oct 2026** last seen
- 17 [Shell Ventures](https://millionrounds.com/fund/shell-ventures) *Deploying now* Corporate VC · Netherlands **14** **$18M** median round **Nov 2025** last seen
- 18 [Abu Dhabi Investment Authority](https://millionrounds.com/fund/abu-dhabi-investment-authority) *Deploying now* Angel network · United Arab Emirates **8** **$235M** median round **Aug 2026** last seen
- 19 [GEF Capital Partners](https://millionrounds.com/fund/gef-capital-partners) *Deploying now* Private equity · United States **7** **$66M** median round **Aug 2026** last seen
- 20 [HDFC Bank](https://millionrounds.com/fund/hdfc-bank) *Deploying now* Investment firm · India **6** **$10M** median round **Aug 2026** last seen
- 21 [Ankur Capital](https://millionrounds.com/fund/ankur-capital) quiet VC firm · India **5** **$6M** median round **Sept 2025** last seen
- 22 [Axis Bank](https://millionrounds.com/fund/axis-bank) *Deploying now* Investment firm · India **5** **$156M** median round **Aug 2026** last seen
- 23 [ICICI Bank](https://millionrounds.com/fund/icici-bank) *Deploying now* VC firm · India **4** **$2B** median round **Aug 2026** last seen
- 24 [Ashish Kacholia](https://millionrounds.com/fund/ashish-kacholia) *Deploying now* Angel · India **4** **$12M** median round **Oct 2026** last seen
- 25 [Zephyr Peacock](https://millionrounds.com/fund/zephyr-peacock) *Deploying now* VC firm **4** **$6.8M** median round **Jul 2026** last seen

**27 more on this list**

All 52 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000.

[See the whole list *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fenergy-investors-in-india)

## The Newest Cheques

Rounds this list's investors joined most recently

- **5** Nov **[altM](https://millionrounds.com/company/altm)** Series A · $10M *Led by* [Rainmatter by Zerodha](https://millionrounds.com/fund/rainmatter-by-zerodha)
- **4** Nov **[Blitz](https://millionrounds.com/company/blitz)** Pre-seed · $3M *Led by* [IvyCap Ventures](https://millionrounds.com/fund/ivycap-ventures)
- **3** Nov **[PowerUp Money](https://millionrounds.com/company/powerup-money)** Other · $10M *With* [Blume Ventures](https://millionrounds.com/fund/blume-ventures)
- **2** Nov **[Hypersonica](https://millionrounds.com/company/hypersonica)** Series B · $112M *Led by* [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners)
- **2** Nov **[Two Point O Capital](https://millionrounds.com/company/two-point-o-capital)** Series A · $10M *Led by* [Transition Venture Capital](https://millionrounds.com/fund/transition-venture-capital)
- **2** Nov **[TW.O](https://millionrounds.com/company/two)** $10M *Led by* [Transition Venture Capital](https://millionrounds.com/fund/transition-venture-capital)

## Stages This Year

503 rounds

- Series A **17%**
- Venture **13%**
- Series B **13%**
- Seed **12%**
- Series C **10%**
- Other **35%**

## What They Backed

Sectors, last 12 months

- AI **207**
- Energy **41**
- Healthcare **35**
- Fintech **32**
- Big Data & Analytics **28**
- Construction **25**

## Cheques by Quarter

Led Joined

139 Q1 25

129 Q2 25

153 Q3 25

181 Q4 25

177 Q1 26

126 Q2 26

128 Q3 26

71 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [AI investors in United States 3,683](https://millionrounds.com/lists/ai-investors-in-united-states)
- [Fintech investors in United States 1,166](https://millionrounds.com/lists/fintech-investors-in-united-states)
- [AI investors in United Kingdom 1,039](https://millionrounds.com/lists/ai-investors-in-united-kingdom)
- [Big Data & Analytics investors in United States 1,039](https://millionrounds.com/lists/big-data-investors-in-united-states)
- [Biotech investors in United States 914](https://millionrounds.com/lists/biotech-investors-in-united-states)
- [Energy investors in United States 798](https://millionrounds.com/lists/energy-investors-in-united-states)
- [Robotics investors in United States 797](https://millionrounds.com/lists/robotics-investors-in-united-states)
- [Construction investors in United States 742](https://millionrounds.com/lists/construction-investors-in-united-states)
- [Cybersecurity investors in United States 702](https://millionrounds.com/lists/cybersecurity-investors-in-united-states)

[All investor lists *→*](https://millionrounds.com/lists)

## Reading for founders in climate and energy

- Taming the Sun: Innovations to Harness Solar Energy and Power the Planet Varun Sivaram · 2018 4.06 from 510 ratings on Goodreads Climate and energy Innovation About the book How solar could spark a clean-energy transition through transformative innovation--creative financing, revolutionary technologies, and flexible energy systems. Solar energy, once a niche application for a limited market, has become the cheapest and fastest-growing power… On AmazonListen on Audible
- Race for Tomorrow: Survival, Innovation and Profit on the Front Lines of the Climate Crisis Simon Mundy · 2022 4.22 from 207 ratings on Goodreads Climate and energy Innovation Company building About the book In this extraordinary journey through twenty-six countries, Simon Mundy meets the people on the front lines of the climate crisis, showing how the struggle to respond is already reshaping the modern world – shattering communities, shaking up global business, and propelling a… On AmazonListen on Audible
- The Elements of Power: Gadgets, Guns, and the Struggle for a Sustainable Future in the Rare Metal Age David S. Abraham · 2015 4.06 from 264 ratings on Goodreads Climate and energy Company building About the book Our future hinges on a set of rare metals that few of us have even heard of. In this eye-opening book, a natural resource strategist reveals the critical importance of these transformative elements to our technological lifestyle and the consequences of our reliance upon them,… On AmazonListen on Audible
- Scale: The Universal Laws of Growth, Innovation, Sustainability, and the Pace of Life in Organisms, Cities, Economies, and Companies Geoffrey B. West · 2017 4.11 from 5,764 ratings on Goodreads Climate and energy Company building Innovation About the book The former head of the Sante Fe Institute, visionary physicist Geoffrey West is a pioneer in the field of complexity science, the science of emergent systems and networks. The term “complexity” can be misleading, however, because what makes West’s discoveries so beautiful is… On AmazonListen on Audible

More books for founders and investors on the [Reading List](https://millionrounds.com/reading-list?role=founder&industry=climate).

As an Amazon Associate we earn from qualifying purchases.

## Quick answers about energy investors in India

### Who are the most active energy investors in India?

By cheques observed, the most active are Lightspeed Venture Partners, B Capital, Temasek Holdings, Blume Ventures and BEENEXT.

### How many energy investors in India are there?

52 are on record. 85% made an investment in the last 12 months and 54% have led a round.

### Which stages do energy investors in India back?

Of the rounds with a named stage in the last 12 months, mostly Series A (22%) and Series B (17%).

### How big are the rounds energy investors in India join?

The typical (median) round among the leading investors here is $21M.

### Which sectors do energy investors in India back most?

In the last 12 months, mostly AI, Energy and Healthcare.

### Which energy investors in India lead the most rounds?

Lightspeed Venture Partners (83 led), Temasek Holdings (19 led) and B Capital (14 led).

### Where are energy investors in India based?

Among the most active, most are based in India (9), the United States (7) and Singapore (2).

### What have energy investors in India invested in recently?

Recent rounds include altM (Series A, Nov 2026, with Rainmatter by Zerodha), Blitz (Pre-seed, Nov 2026, with IvyCap Ventures) and PowerUp Money (Other, Nov 2026, with Blume Ventures).

Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)