RBI-Registered NBFC · Climate Finance

Lifecycle capital for India's climate infrastructure.

An RBI-registered NBFC structuring cash-flow-aligned debt — and arranging multi-lender capital — for the climate businesses that fall between banks and fintechs.

What We Do

Finance built for India’s climate transition

India will spend an estimated $10 trillion through 2070 to decarbonise — and most of that has to flow to SME and mid-sized developers, contractors, and equipment companies. These are the businesses actually putting steel in the ground.

They sit in a financing gap. Too large for fintechs, too specialised for banks. Their cash flows are real, their projects are sound, but the formal system isn’t built for them.

Evam was set up to close that gap. We structure financing around how each project actually earns — not around a template — and we stay through the project’s life.

More about Evam

Sectors

Six sectors. Two goals.

Climate Mitigation (cutting emissions) and Climate Adaptation (building resilience) — we finance projects across both.

Climate Mitigation

Renewable Energy & Storage

Renewable Energy & Storage

What we finance

  • Utility-scale and rooftop solar
  • Wind farms
  • Battery storage
  • Green hydrogen
  • Hybrid and mini-grid systems
Electric Mobility

Electric Mobility

What we finance

  • Electric two- and three-wheeler fleets
  • Commercial EV fleets (e-buses, e-trucks)
  • Public and depot charging infrastructure
  • Battery swapping networks
  • Battery-as-a-service operators
Industrial Transition

Industrial Transition

What we finance

  • Energy efficiency retrofits
  • Waste-to-energy projects
  • Industrial cooling and refrigeration
  • Material recovery and recycling
  • Process electrification

Climate Adaptation

Water & Utilities

Water & Utilities

What we finance

  • Sewage and effluent treatment plants
  • Water recycling and reuse systems
  • Desalination
  • Stormwater and flood protection
  • Decentralised drinking water systems
Climate-Resilient Agriculture

Climate-Resilient Agriculture

What we finance

  • Cold chain and warehousing
  • Food processing and packaging
  • Precision agriculture inputs
  • Farm mechanisation
  • Agri-fintech and warehouse receipts
Climate Risk Management

Climate Risk Management

What we finance

  • Sensor networks and IoT monitoring
  • Early-warning systems
  • Hazard modelling platforms
  • Disaster-response equipment
  • Climate data and analytics businesses

Why Evam

A founder team and a board built for institutional finance

Meet the team

Founders

Vamsi Akella
Vamsi Akella
Co-Founder & CEO
Kannan Hariharan
Kannan Hariharan
Co-Founder & CBO
Sunil Toshniwal
Sunil Toshniwal
Co-Founder & CFO

Strategic Backers

Anjali Bansal
Anjali Bansal
Strategic Investor
Sandeep Singhal
Sandeep Singhal
Nominee Director & Credit Committee Member
Vikas Verma
Vikas Verma
Nominee Director
Rahul Bhapkar
Rahul Bhapkar
Nominee Director

Senior Management

Madhusudhan Goud
Madhusudhan Goud
Head of Operations
Pranay Shrivastava
Pranay Shrivastava
Head of Credit
Seshu Kumar Mudiganti
Seshu Kumar Mudiganti
Strategic Advisor, Technology and AI

Let's build climate infrastructure together

Whether you're financing a project or looking to partner with us, we'd like to hear from you.

Get in Touch