PE-VC Fund Investments
Solar EPC solutions provider Soleos Solar raises $12-M from GVFL
Ahmedabad-based Soleos Solar has raised $12 million in a funding round led by GVFL, which invested $2.5 million along with participation from Tipsons Group, Navin Dalmia, select family offices, and existing investors. Founded in 2017, Soleos operates a platform that integrates project development, consumer sourcing, investor onboarding, capital structuring, EPC delivery, and long-term asset management.The newly raised capital will be used to expand its development pipeline, fund construction across priority geographies, strengthen investor governance systems, scale group-captive and consumer-led energy models, and build integrated solar and storage capability. The company has also begun manufacturing in-house battery energy storage systems, with the fundraise supporting its transition to a renewable solutions provider.
In Mar 2024, Soleos had attracted about USD 6 M from NAB Ventures.
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