India is in the midst of a Sustainable Energy and Sustainable Mobility Transition

Policies driving ‘rapid’ adoption of renewables, electric vehicles and infrastructure to support a sustainable ecosystem 

Multiple growing segments with evolving business models. These businesses are seeking appropriately priced 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 Sustainability Financing market in India. Our cross-functional team has extensive experience in financing DRE (Decentralized Renewable Energy), E-mobility and Resource 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

e-mobility
E-MOBILITY
SOLAR ROOFTOP
ENERGY EFFICIENCY AS-A-SERVICE
ENERGY STORAGE
WATER EFFICIENCY
SOLAR PUMPS
SOLAR THERMAL
WASTE-TO-ENERGY

Debt Products

EV Fleet
Loan

Tenure – Upto 4 years
Suitability – Asset finance against cash flows from deployment

Energy Storage
Loan

Tenure – Upto 3 years
Suitability – Asset finance against cash flows from deployment

Cleantech OEM
Loan

Tenure – 3-12 months
Suitability – Working capital finance against select order pipeline

Rooftop Solar
Loan

Tenure – Upto 9 years
Suitability – SME, C&I rooftop solar projects/ behind the meter ground mounted projects

SME Resource Efficiency Loan

Tenure – Upto 7 years
Suitability – Industrial energy efficiency and water efficiency projects

Growth
Debt

Tenure – Custom
Suitability – Early stage cleantech companies with proven unit economics

*We finance against cash flows and security of assets financed; we don’t take property collateral.

Typical Borrower Profile

  • Developers, Asset Owners, Fleet Operators, OEMs or System Integrators operating in the Sustainability space

  • 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

LEARN MORE

About cKers

cKers (pronounced ‘seekers’) Finance is a specialized Sustainability finance company that operates in the rapidly growing segments around clean energy and resource efficiency. Launched in 2017, it is developing new instruments for providing finance in the Sustainability space, 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

The California Clean Energy Fund (CalCEF) is optimizing the clean energy transition by connecting ideas, capital and solutions. Driven by the opportunity to accelerate climate protection, CalCEF is committed to creating 100%+ clean energy to benefit all


U.S. International Development Finance Corporation (DFC) is America’s development bank (erstwhile OPIC). DFC partners with the private sector to finance solutions to the most critical challenges facing the world today

cKers Finance is a recepient of the PACEsetter Funds Award. cKers was selected for the award for its differentiated approach to providing competitive project finance and long-term venture debt financing to technology-backed interventions in the sustainability space.

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.