VC Fund Investments
Solar tech enabler Solar Ladder raises Rs.11-Cr from Axilor, others
Solar Ladder, a Mumbai-based supply chain platform for solar installation companies has raised INR 11 crore in seed funding from Axilor Ventures, Titan Capital, DeVC, Stride Ventures, and angels from Atha Group, NIPHA group, and others. The funds will be used to distribute software that automates processes for solar installers, allowing them to expand their businesses. Co-founded by Manan Mehta and Abhishek Pillai, Solar Ladder aims to establish a marketplace that enables cheaper procurement, provides short-term embedded credit and insurance products to meet installers' working capital requirements, and offers long-term financing options for end customers of solar installers.
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