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InSolare Energy raises $8 Mn – EQ

InSolare Energy raises $8 Mn – EQ


InSolare Energy, a leading renewables EPC company dedicated to customer-centric and technology-driven solutions, has raised Rs 660 million (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.

The investment will enable InSolare Energy to further enhance its capabilities and accelerate its impact in the renewable energy sector, the company said in a press release.

As quoted by Navashil Sharma (Founder & CEO), “InSolare Energy is a customer-centric renewable energy solution provider with 14+ Years of experience in delivering solutions to Commercial & Industrial clients Pan India which is built around values of Integrity, Innovation, Quality, Results, Respect and Discipline.”

Last year, InSolare Energy announced the completion of multiple projects which included 70 MWp (Solar Park in Jalna), 90 MWp (Solar Park in Karnatraka), 40 MWp (Large Cement client in Chhattisgarh).

InSolare Energy with a team strength of 200+ & offices located in Bengaluru, Mumbai, Ahmedabad & New Delhi boasts a robust portfolio of 0.5 GW with 0.3+ GW of EPC orders & 0.5 GW Solar Parks under execution.

Anand Gupta Editor - EQ Int'l Media Network