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SolarSquare raises $4.2 million in a Series B funding led by Zerodha’s Rainmatter, Gruhas, and Others

May 17, 2024over 1 year ago

Amount Raised

$4.2 Million

Round Type

series b

MumbaiNatural ResourcesSustainabilitySoftware

Investors

Good CapitalClimate AngelsLowercarbon CapitalGruhas ProptechZerodha’s Rainmatter

Description

Rooftop solar startup SolarSquare has successfully raised $4.2 million in a new funding round, attracting investment from existing backers including Zerodha’s Rainmatter Capital, Gruhas Proptech, Lowercarbon Capital, Climate Angels, and Good Capital. This infusion of funds is expected to drive the company’s expansion plans, fulfill working capital needs, and support general corporate purposes.

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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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers