Sunay Gupta
Investment Analyst
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- Full Name
- Sunay Gupta
- Title
- Investment professional (Principal / Investment Manager); previously Investment Analyst → Investment Manager at Swedfund
- Firm
- Allied Climate Partners (most recent per LinkedIn); previously Sagana; previously Swedfund International AB
- Firm Type
- Institutional climate / impact investing (blended-finance and development finance) — *not* a pure angel investor, despite the stub label
- Investment Stage
- Early-to-growth stage climate and impact ventures / projects (his firms span seed to growth and project finance)
- Sector Focus
- Renewable energy, cleantech, climate solutions, sustainable development
- Geographic Focus
- India / South Asia and the Global South; earlier work covered emerging-market development finance from Sweden
- Location
- Mumbai, India
Background
Sunay Gupta is an engineer-turned-investor focused on renewable energy and climate finance. He earned a B.Tech in Mechanical Engineering from IIT Delhi (2013), then completed the KIC InnoEnergy MSc RENE (Renewable Energy) master's program, studying across European institutions including KTH Royal Institute of Technology in Stockholm and ESADE Business School, graduating around 2016–2017. His master's thesis work was done as a Renewable Energy Strategy / Market Analyst at EDF in Paris. Before pivoting fully into energy, he spent roughly two years in financial consulting.
From 2017 to 2021 he was at Swedfund International AB — the Swedish government's development-finance institution — first as an Investment Analyst and later as an Investment Manager, working on sustainable investments in developing markets and on how alignment with the UN Sustainable Development Goals affects company performance (a theme of his TCD2018 talk, "Sustainable Investing"). The email and phone in the stub correspond to this Swedfund role and are therefore likely no longer active.
Since 2022 he has been based in Mumbai, working as an Investment Manager at Sagana, an impact-investing advisory firm, and more recently is associated with Allied Climate Partners (ACP) — a philanthropic/blended-finance organization whose mission is to increase the number of bankable, climate-related projects in the Global South. Across these roles he has built experience in venture, growth, and blended climate finance.
Separately, in 2016 he founded Windiglobe, a startup developing a low-cost "pico-scale" wind turbine capable of generating up to ~100 W for off-grid/decentralized electricity in areas without reliable grid connection — pitched at roughly half the cost of comparable market products. He also mentors students entering the renewable-energy sector and writes about clean-energy careers on his personal blog.
Investment Thesis & Focus
- Invests at the intersection of renewable energy, cleantech, and climate/impact — reflecting a career spent entirely in sustainable finance.
- Emphasis on emerging markets and the Global South, especially India; his current firm (ACP) targets making climate projects "bankable" in developing economies via blended finance.
- Grounded in development-finance and impact discipline (Swedfund, Sagana) — expects measurable SDG / climate impact alongside returns; his TCD2018 talk argued SDG alignment can improve company performance.
- Interest in the circular economy and critical materials — has publicly noted that projected demand and undersupply of rare-earth elements make an efficient circular economy essential.
- Stated personal thesis: *"I believe that it's possible to create a positive change in this world, especially in developing countries, through renewable energy."*
Notable Investments
- Windiglobe — founder (2016); developer of a low-cost pico-scale wind turbine (~100 W) for off-grid electricity generation.
- Institutional deals at Swedfund, Sagana, and Allied Climate Partners are made on behalf of those funds rather than personally; specific named portfolio companies attributable to Sunay Gupta individually are not publicly disclosed. *(No verified personal angel deals were found; the "Angel Investors" stub label appears to be a mischaracterization.)*
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