Goldi Solar raises $171 million from Havells India to expand manufacturing in India and strengthen its position in the clean energy sector.
Amount Raised
$171 Million
Round Type
Funding Round
SuratManufacturingEnergyRenewable EnergyInvestors
Description
Goldi Solar just landed $171 million from heavyweight backers, including Havells India, to ramp up its solar manufacturing in India. This round is one of the largest raised by an Indian solar manufacturer in 2025, boosting its photovoltaic module capacity nearly fivefold. Investors like Ambit Global Private Client and Nikhil Kamath highlight the influx of capital into Indian clean tech. With India aiming to increase non-fossil power generation to 500 gigawatts, local manufacturing is becoming crucial.
Quick answer
Goldi Solar raised $171 Million in a Funding Round round, dated October 29, 2025. Investors: Nikhil Kamath, Havells India (Qrg Investment & Holdings) and Ambit Global Private Client. Goldi Solar is based in Surat, Gujarat, India.
- How much did Goldi Solar raise?
- Goldi Solar raised $171 Million in a Funding Round round on October 29, 2025.
- Who invested in Goldi Solar?
- Nikhil Kamath, Havells India (Qrg Investment & Holdings) and Ambit Global Private Client are named as investors in this round.
- What does Goldi Solar do?
- Goldi Solar is India’s largest Solar PV module manufacturing company with annual capacity of 14.7 GW.
- Where is Goldi Solar based and how big is it?
- Goldi Solar is based in Surat, Gujarat, India.
- Who are the decision-makers at Goldi Solar?
- Fundz holds 1 contact at Goldi Solar. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Energy and Renewable Energy around the same time
Companies in the same sectors as Goldi Solar that raised within 45 days of this round, from Fundz verified event records.
- Kodiaq Technologies raised $1.1M (Funding Round) on December 10, 2025.
- Orbital Marine Power raised $9.3M on December 9, 2025.
- Helical Fusion raised $5.5M (Series A) on December 5, 2025.
- pH7 Technologies raised $26M (Series B) on December 4, 2025.
- Enerzi raised $1.8M (Seed) on November 26, 2025.
- Capstone Energy Plus, Inc. raised $15M (Post-IPO Equity) on November 24, 2025.
Who to call at Goldi Solar, and when
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- An alert the day Goldi Solar raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Goldi Solar, from your own LinkedIn network
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