Solar energy startup Ellipsol raises Rs 2.5 Cr seed funding from Capital A, others

Ellipsol, a Gurugram-based company developing solar energy solutions, has raised INR 2.5 crore in a seed funding round led by Capital A. The funding round also saw the participation of Grand Anicut Fund and individuals. The investment would be used to take the prototype developed by Ellipsol to the production level. It would also be used for some of the pilot projects in the initial stages.