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SolarSquare secured $40 million in its Series B round led by Lightspeed, with participation from multiple investors, to advance its residential solar solutions.

Jun 26, 2025

Amount Raised

$40 Million

Round Type

Series B

MumbaiSustainabilityNatural ResourcesSoftware

Investors

Nithin Kamath’s ZerodhaGruhas ProptechElevationLightrockRainmatterLowercarbonElevation CapitalLightspeed

Description

SolarSquare raised $40 million in its Series B round led by Lightspeed. Notable participants included Lowercarbon, Elevation Capital, and others. The funding will be used to further develop their rooftop solar solutions. The company has raised approximately $56 million to date.

Quick answer

SolarSquare raised $40 Million in a Series B round, dated June 26, 2025. Investors: Nithin Kamath’s Zerodha, Gruhas Proptech, Elevation, Lightrock, Rainmatter, Lowercarbon, Elevation Capital and Lightspeed. SolarSquare is based in Mumbai, Maharashtra, India.

How much did SolarSquare raise?
SolarSquare raised $40 Million in a Series B round on June 26, 2025.
Who invested in SolarSquare?
Nithin Kamath’s Zerodha, Gruhas Proptech, Elevation, Lightrock, Rainmatter, Lowercarbon, Elevation Capital and Lightspeed are named as investors in this round.
What does SolarSquare do?
SolarSquare is India's most trusted and fastest growing residential solar company.
Where is SolarSquare based and how big is it?
SolarSquare is based in Mumbai, Maharashtra, India. Fundz records about 1,600 employees.
Who are the decision-makers at SolarSquare?
Fundz holds 5 contacts at SolarSquare, including the Co-Founder. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Sustainability and Natural Resources around the same time

Companies in the same sectors as SolarSquare that raised within 45 days of this round, from Fundz verified event records.

  • TestBox raised $11M on July 25, 2025.
  • Antora Energy raised $72M on July 25, 2025.
  • Amperon raised an undisclosed amount (Corporate Round) on July 17, 2025.
  • Grammarly raised $672M on July 17, 2025.
  • Contango raised $1.3M (Seed) on July 1, 2025.
  • Manta raised $2M (Seed) on June 27, 2025.

Who to call at SolarSquare, and when

A new round usually means SolarSquare is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day SolarSquare raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at SolarSquare, from your own LinkedIn network

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Company Information

Company

SolarSquare

Location

Mumbai, Maharashtra, India

About

SolarSquare is India's most trusted and fastest growing residential solar company. We bring trust, transparency, financing and best-in-class after sales service to every home owner looking to go solar.

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Fundz sees it the moment SolarSquare raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

5 contacts
Verified contactsShreya M., Co-Founder hidden hidden hiddenSee plans and pricing
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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

SolarSquare raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.