Decentralized Renewable Energy in India to go from 3 GW to 40 GW in the next 5 years
Energy Efficiency policies driving ‘mass-market’ adoption in smaller industrial, commercial and residential settings
Multiple growing segments with evolving business models. These businesses are seeking appropriately priced asset financing
cKers provides segment specific innovative debt instruments
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Ability to partner as a co-developer
cKers Finance is uniquely positioned to tap opportunities in the rapidly growing Sustainable Energy market in India. Our cross-functional team has extensive experience in financing DRE (Decentralized Renewable Energy) and Energy Efficiency projects. We have customized frameworks to underwrite loans in these segments and innovative asset-backed financing approaches. In select projects, we also operate as a co-developer.
What We Finance








Debt Products
Micro Infrastructure Loan
Energy Access
Electrification Loan
SME Energy Efficiency Loan
Rooftop Solar
Loan
Mezzanine
Financing
Venture
Debt
*In addition, cKers may also look at investing in income notes, debentures and working capital.
Typical Borrower Profile
Developers or System Integrators operating in Energy efficiency or Decentralized Renewable Energy (DRE) realms in energy access, industrial SME and urban rooftop
Ideally requiring debt financing of Rs. 20 million to Rs. 150 million
Growth-focused organization with 2+ years track record and proven unit level economics
Commitment to impact reporting goals
About cKers
cKers (pronounced ‘seekers’) Finance is a specialized Sustainable Energy (SE) finance company that operates in the rapidly growing segments around clean energy and energy efficiency. Launched in 2016, it is developing new instruments for project finance in decentralized renewable energy, creating standards for sustainable energy bonds and building data around risk metrics.
Management Team
Jayant Prasad
Executive Director
Banker with over 20 years of experience in Corporate Banking, Rural and Agri-lending with ICICI Bank; having led several new initiatives (in India and internationally) during his tenure.
Pawan Mehra
Director
20 years of experience working at the intersection of capital and new ventures – first as a venture capitalist in India and Silicon Valley and then an entrepreneur who has founded & built successful organizations
Deepak Gupta
Head, Business Development
Seasoned banker who has built new segments across India and in Canada with ICICI Bank and HDFC Bank. Start-up enthusiast seeking to bring capital into emerging sectors and catalyze their growth.
Board and Advisors
Upendra Bhatt
Managing Director, cKinetics and a specialist in go-to-market strategies for firms in the decentralized renewable energy segment. Financed and launched some of the earliest renewable energy IPPs in India
Dr. Rakesh Basant
Economist specializing in policy and technology linkage. Chair Professor of Innovation and Public Policy at the India Institute of Management, Ahmedabad, and former Chairperson CIIE
Dr. Deepa Mani
Executive Director of the Center for the Networked Economy at the Indian School of Business. Specialist in the networked economy, and interplay of emerging technologies and society
Chandrika Bahadur
President, Sustainable Development Solutions Network. Working with organizations globally to promoted the Sustainable Development Goals
cKinetics is a mission driven Sustainability Insight, Innovation & Capital Advisory firm with strong operational relationships with Energy Services Companies. It has experience both in project development and in channeling capital in the DRE sector in India
Infuse is a venture catalyst investing in creating, building and scaling new cleantech businesses. It’s a first-of-its-kind partnership between the government, academia and private sector
Centre for Innovation Incubation and Entrepreneurship (CIIE) is a leading clean-tech incubator in India housed at the Indian Institute of Management, Ahmedabad. It has strong operational relationships with Ministry of New and Renewable Energy (MNRE), international and domestic Financial Institutions
Jointly capitalized by the Indian and US Governments, the PACEsetter Fund is a USD 7.9 million initiative to accelerate the commercialization of innovative off-grid clean energy access solutions. The initiative is administered by the Indo-US Science and Technology Forum (IUSSTF), New Delhi.
cKers Finance adheres to the Fair Practice guidelines set by Reserve Bank of India (RBI). Click here to read the guidelines.