B Capital leads SolarSquare’s $50-55 million round at $500 million valuation - The Economic Times

The latest round comes about 18 months after SolarSquare raised $40 million in a funding round led by Lightspeed. That round had also seen participation from Lightrock, Elevation Capital, Lowercarb...

economictimes.indiatimes.com

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Lakshmisha K S

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Lakshmisha K S

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Jun 13

SolarSquare raised $55 million in a funding round led by Lightspeed at a $500 million valuation. The rooftop solar company has installed over 200 MW across 25,000 homes and plans to use the capital to expand operations, technology and financing for residential solar adoption.

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ETtech

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Jun 12

Founded in 2015 by Shreya Mishra, Neeraj Jain and Nikhil Nahar, SolarSquare started as a B2B solar company before pivoting to residential rooftop solar in 2021. 🔸 The company designs, installs, and maintains rooftop solar systems for homes and housing societies.

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ETtech

ETtech @ETtech

Jun 12

🆕 Mumbai-based rooftop solar startup SolarSquare Energy has raised $50-55 million in a new funding round led by B Capital. 👉Sources said the round valued the company at $450-500 million, a jump of almost 2.5 times from its last valuation.

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