Ayush Khandelwal
Founding Member @Sustcred
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WORK HISTORY
Founding Member @Sustcred
Delhi, IN
As a Founding Member of SustCred, we are transforming India’s Renewable energy and Energy transition space by creating practical, scalable solutions that help MSMEs gain energy independence. We’ve are building an integrated platform that brings together Renewable Energy Park Development, Smart Financing Structures, and hands-on project management to make going solar easier and more affordable for businesses.What excites me most is working alongside a diverse group of partners—including EPCs, land aggregators, IPPs, O&M teams, carbon credit experts, forecasting agencies, and financial institutions—to unlock real value through cost savings, ESG benefits, and sustainable growth.We’re also launching a SEBI-regulated Category II Alternative Investment Fund to attract institutional capital into Renewable Energy park infrastructure, helping scale up clean energy impact across India.
EDUCATION
Indian Institute of Management Kashipur
Master of Business Administration (MBA), Finance, General
Maulana Azad National Institute of Technology
B.Tech., Electronics and Communications Engineering
CFA Institute
Finance, General
ABOUT AYUSH KHANDELWAL
Passionate about driving innovative financing solutions in India\'s renewable energy sector, I specialize in solar project finance, credit risk assessment, and policy analysis. With experience spanning NBFCs, renewable energy financing, and strategic business development, I have successfully structured India’s first performance-linked lease product for MSMEs, enabling scalable solar adoption. As a Founding Member of SustCred, we are transforming India’s Renewable energy and Energy transition space by creating practical, scalable solutions that help MSMEs gain energy independence. We’ve are building an integrated platform that brings together Renewable Energy Park Development, Smart Financing Structures, and hands-on project management to make going solar easier and more affordable for businesses.At Solfin, I lead Business Development and Strategic Partnerships, structuring financing for solar projects, working closely with developers, EPCs, and state utilities. My expertise extends to SME credit assessment, regulatory analysis, and financial modeling, ensuring sustainable and profitable lending solutions. Previously, at IREDA, I contributed to disbursing Cr in renewable energy projects, structured India’s first renewable loan-backed securitization, and led policy-driven initiatives to enhance lending competitiveness. With a strong foundation in Finance, Strategy, and Policy Development.
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