EverSource Capital

Lithium is a business that accelerates sustainability, by bringing solutions to the marketplace that are forward-looking, consumer-friendly and responsible. Lithium represents that unique mix of a company founded on strong commercial basis, proudly anchored in social responsibility and in continuous innovation. Lithium is India's first zero emission transport service, with our fleet of Electric Vehicles (EVs) and associated charging infrastructure, backed by strong technology platform for telemetry, GIS, employee transport management, scheduling, rostering and analytics based optimisation; and trained and certified drivers.

Ecofy is a non-banking financial company (NBFC) based in India that focuses on providing financial solutions specifically for eco-friendly initiatives. The company offers a range of services, including loans, leases, and insurance, aimed at promoting sustainability. Ecofy's platform is designed to support users in making environmentally friendly choices by financing green asset classes such as electric vehicles, rooftop solar installations, and energy efficiency projects. By facilitating these investments, Ecofy helps businesses and individuals reduce their carbon footprint and contribute to a more sustainable future.

Ayana Renewable Power Private Limited is an energy generation company based in Bengaluru, India, founded in 2017. The company specializes in developing utility-scale solar and wind generation projects across India and its neighboring countries, including Bangladesh, Nepal, Bhutan, Myanmar, and Sri Lanka. Ayana aims to enhance renewable energy generation capacities to facilitate a transition to low-carbon power generation. In addition to generating electricity, the company focuses on creating job opportunities in the renewable power sector and fostering community development through skill enhancement and employment initiatives.

RWDC Industries Ltd is a Singapore-based company that specializes in the development and manufacturing of medium chain length polyhydroxyalkanoate (mcl-PHA) biopolymers. Founded in 2015, the company focuses on creating biodegradable bioplastics that can serve as alternatives to single-use plastics in various applications, including cutlery, drinking straws, cup lids, and food packaging. RWDC's mcl-PHA is produced through the bacterial fermentation of plant-based oils or sugars and is certified to be fully biodegradable in soil, water, and marine environments. The company's innovations, such as a water-based PHA emulsion coating, aim to replace polyethylene in plastic-lined food packaging and offer direct replacements for petroleum-based products like polypropylene straws and polystyrene containers, thus supporting sustainability efforts across industries.

Origin Renewables is a provider of rooftop solar energy solutions focused on optimizing renewable energy generation and enhancing financial returns for its clients. The company offers a comprehensive range of services, including design and engineering, financing, procurement, installation, and integration of solar projects. By collaborating closely with customers and technical partners, Origin Renewables aims to minimize the overall life cycle costs of projects, thereby maximizing cost benefits and financial returns. Their solutions not only help corporate and commercial users reduce CO2 emissions but also contribute to a more sustainable energy future.

RWDC Industries Ltd is a Singapore-based company that specializes in the development and manufacturing of medium chain length polyhydroxyalkanoate (mcl-PHA) biopolymers. Founded in 2015, the company focuses on creating biodegradable bioplastics that can serve as alternatives to single-use plastics in various applications, including cutlery, drinking straws, cup lids, and food packaging. RWDC's mcl-PHA is produced through the bacterial fermentation of plant-based oils or sugars and is certified to be fully biodegradable in soil, water, and marine environments. The company's innovations, such as a water-based PHA emulsion coating, aim to replace polyethylene in plastic-lined food packaging and offer direct replacements for petroleum-based products like polypropylene straws and polystyrene containers, thus supporting sustainability efforts across industries.

Ayana Renewable Power Private Limited is an energy generation company based in Bengaluru, India, founded in 2017. The company specializes in developing utility-scale solar and wind generation projects across India and its neighboring countries, including Bangladesh, Nepal, Bhutan, Myanmar, and Sri Lanka. Ayana aims to enhance renewable energy generation capacities to facilitate a transition to low-carbon power generation. In addition to generating electricity, the company focuses on creating job opportunities in the renewable power sector and fostering community development through skill enhancement and employment initiatives.

EverEnviro Resource Management is a waste management solutions provider based in Mumbai, India, specializing in the development of bio-gas from various waste sources, including urban municipal waste, agro waste, and hazardous waste. The company utilizes advanced waste management technologies and incorporates IoT and other Industry 4.0 innovations to enhance its operations across different waste categories, such as industrial and e-waste. By focusing on sustainable practices, EverEnviro aims to promote effective waste management and resource recovery, contributing to environmental sustainability.

GreenCell Mobility, founded in 2019 in Mumbai, Maharashtra, focuses on providing clean and cost-effective shared e-mobility solutions in India. The company aims to become a leading player in the pan-India electric mobility sector by leveraging global expertise and advancements in e-mobility technology, alongside the Indian government's commitment to transportation electrification. GreenCell Mobility is developing a connected ecosystem that encompasses various products and service segments, facilitating the implementation of Electric Mobility-as-a-Service (eMaaS). This initiative supports the expansion of green vehicles, contributing to pollution-free development in the country. The company is backed by EverSource Capital, the fund manager of the Green Growth Equity Fund.

Radiance Renewables is a leading renewable energy solution provider in India, specializing in customized services for energy power developers. The company offers a comprehensive range of solutions, including project evaluation, design, engineering, procurement, construction, commissioning, and asset management. By delivering tailored business models that cater to the specific needs of its clients, Radiance Renewables aims to maximize savings while ensuring compliance with applicable regulatory frameworks.