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

May 17, 2024

Amount Raised

$4.2 Million

Round Type

Series B

MumbaiSustainabilityNatural ResourcesSoftware

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.

Quick answer

SolarSquare raised $4.2 Million in a Series B round, dated May 17, 2024. Investors: Good Capital, Climate Angels, Lowercarbon Capital, Gruhas Proptech and Zerodha’s Rainmatter. SolarSquare is based in Mumbai, Maharashtra, India.

How much did SolarSquare raise?
SolarSquare raised $4.2 Million in a Series B round on May 17, 2024.
Who invested in SolarSquare?
Good Capital, Climate Angels, Lowercarbon Capital, Gruhas Proptech and Zerodha’s Rainmatter 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 to call at SolarSquare, and when

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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.