Wednesday, April 17, 2024
HomeRecent ArticlesInSolare Energy Raises $8 Million in Growth Funding Round

InSolare Energy Raises $8 Million in Growth Funding Round

InSolare Energy, a leading renewables EPC company dedicated to customer-centric and technology-driven solutions, has raised INR 66 Crore (approximately $8 million) in a growth funding round. Prominent names like Negen Capital, Mukul Aggarwal, Anchorage Capital Fund & Ankit Mittal – Khazana Tradelink also participated in the round.

Read also – SpaceFields Secures $800k Seed Funding

The investment will enable InSolare Energy to further enhance its capabilities and accelerate its impact in the renewable energy sector. Its mission to create and integrate competitive solar energy technology by bringing best in class, optimal, end to end solar energy solutions.

Read also – Addionics Announces First U.S. Facility as Part of $400 Mn Investment

Neil Bahal, Founder and CEO of Negen Capital, stated, “We believe in the invertibility of Insolare’s technology-driven approach and its potential to revolutionize the renewable energy sector. This partnership aligns with our commitment to supporting innovative companies that are driving positive change and sustainability.”

Navashil Sharma, Founder of InSolare, said, “Insolare is committed to providing state-of-the-art renewable energy solutions to commercial and industrial clients across India. With over a decade of experience and a track record of excellence, we are excited to play a key role in India’s journey towards achieving its 500GW goal by 2030.”

About InSolare Energy

Founded in 2009, InSolare has been an established market leader since 2009 with a strong team of technology leaders with 50+ Patents in Solar Technology. InSolare Energy has an experienced management team which has delivered multiple projects across India, with an engineering team having unmatched expertise in design through commissioning of PV Systems.

- Advertisement -
- Advertisment -

Most Popular