VC Fund Investments
B2C solar products startup SolarSquare raises $4-M led by Good Capital
Mumbai-based SolarSquare, a business-to-consumer (B2C) solar products startup, has raised USD 4 million, led by Good Capital. US-based Lowercarbon Capita (founded by well known investor Chris Sacca), Singapore-based Symphony Asia, and Zerodha co-founder Nithin Kamath's Rainmatter Capital also participated in the funding round. Angel investors including Maninder Gulati, global chief strategy officer, Oyo; Ashish Goel, CEO of Urban Ladder, as well as Amit Kumar Agarwal, Akhil Gupta, and Saurabh Garg, co-founders of NoBroker, also participated in the round. SolarSquare provides modular and prefabricated installation designs. The startup is present in Madhya Pradesh, Maharashtra, Bengaluru, Telangana and Delhi-NCR. SolarSquare plans to use the fresh capital to expand its presence and for building technology, including an app for consumers to track their solar system performance in real-time.
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