Key Metrics
- No. of Employees235
- Founded Year 2015
- Company StagePrivate Limited Company
- Total Funding₹470.62 Cr
- Industry
- Headquarter
- Company StatusActive
About SolarSquare
Founded by Neeraj Jain and Nikhil Nahar, SolarSquare designs, installs, and finances rooftop solar systems for homes. It also provides rooftop solar solutions for housing societies and commercial establishments. In the last couple of years, the company claims to have solarised close to 5,000 homes.
Business Model
SolarSquare is a Residential solar company that design, installs, and finances rooftop solar systems for homes. It also provides rooftop solar solutions for housing societies and commercial establishments.
Top Competitors
GR
Gita Renewable EnergyL40108TN2010PLC074394
OP
Omc PowerU40300HR2011PTC077814
HF
Hero Future EnergiesU40101DL2012PTC243852
ZG
Zynergy GroupU45400TN2007PTC064588
SolarSquare Funding Details
Funding Highlights
Latest Funding RoundSeries B
Total Funding Raised₹470.62 Cr
No. of Investments Made0
Total No. of Acquisitions1
Lead Investors3
Investors
- Elevation, Lowercarbon Capital, Good Capital
Note:
Valuation as per first tranche of Series B round.
Funding Details
Funding History
Funding Per Year
Acquisition Company Done
SolarSquare Financial Details
Financial Highlights
FY 2023-24 Revenue₹178.09 Cr
FY 2023-24 Expenses₹229.48 Cr
FY 2023-24 Profit/Loss-₹69.1 Cr
Net Cash Flow From Operations-₹44.12 Cr
Full Financial Details
Financial Comparison
Revenue Breakdown
Expense Breakdown
Shareholding Structure
Financial Ratio
SolarSquare Key People
People Metrics
Current Core Team2
Board Members/Directors4
SolarSquare Documents