Cleantech startup SolarSquare raised $40 million in a funding round led by Lightspeed to expand operations to 50 cities across India.
Amount Raised
$40 Million
Round Type
Funding Round
MumbaiSustainabilityNatural ResourcesSoftwareInvestors
Description
SolarSquare has raised $40 million in a funding round led by Lightspeed, with participation from Lightrock and existing investors. The Mumbai-based company plans to use the funds to enhance technology, hire talent, and invest in brand-building while expanding its operations across India.
Quick answer
SolarSquare raised $40 Million in a Funding Round round, dated December 12, 2024. Investors: Lightrock, Elevation Capital, Lowercarbon, Rainmatter, Gruhas Proptech and Lightspeed. SolarSquare is based in Mumbai, Maharashtra, India.
- How much did SolarSquare raise?
- SolarSquare raised $40 Million in a Funding Round round on December 12, 2024.
- Who invested in SolarSquare?
- Lightrock, Elevation Capital, Lowercarbon, Rainmatter, Gruhas Proptech 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.
- Cursor raised $105M (Funding Round) on January 15, 2025.
- Grammarly raised $2.8M (Seed) on January 10, 2025.
- Grammarly raised $348M on January 10, 2025.
- Electric Power Engineers raised an undisclosed amount on January 7, 2025.
- Crusoe raised $600 (Series D) on December 16, 2024.
- Osisko Metals Incorporated raised $5.5M on December 11, 2024.
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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Related People
SolarSquare raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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