Top 10 Solar Startups in Indian Clean Energy Sector

I am curating a list for you to see what Indian youth is doing to contribute to the clean energy sector in India. You could either get inspired and start up something of your own. Or you could look for a job in any of these startups to understand the sector better.

10. Oorjan Cleantech (WS) (LI)

Founder: Roli Gupta (LI) and Gautam Das (LI)

Founded in : 2015

Provides: Rooftop solar panels to bring down energy costs for customers. You could get yourself the solar infrastructure on loan as well with banking partners such as IDBI.

Funded by: Globevestor

Total funding so far: $450K

9. Oriano Solar (WS) (LI)

Founder: Sachin Jain (LI), Sameer Shah, Yashwant Rao (LI)

Founded in: 2015

Head office: Mumbai, MAHARASHTRA

Provides: Turnkey EPC (Engineering, procurement, and construction) projects of utility-scale solar power plants and rooftops to reduce energy cost.

Funded by: Samridhi Fund

Total funding so far: $3 M

8. Claro Energy (WS) (LI)

Founders: Kartik Wahi (LI), Soumitra Mishra (LI), Gaurav Kumar (LI)

Founded in: 2011

Head office: New Delhi, Delhi

Provides: Solar powered water pumping solution to cater to irriagtion needs of farmers in India

Funded by: Samridhi Fund, SIDBI Venture Capital

Total funding so far: $2.8 M

7. Orb Energy (WS) (LI)

Founder: Damian miller (LI) and NP ramesh (LI)

Founded in: 2006

Head office: Bengaluru, Karnataka

Provides: Off-grid and grid tied solar power projects for small and medium enterprises, and low income group individuals

Funded by: Shell Ventures

Total funding so far: $33.6 M

6. My Sun (WS) (LI)

Founder: Gagan Vermani (LI), Ashit Maru (LI) and Gyan Prakash (LI)

Founded in: 2015

Head office: New Delhi, Delhi

Provides: Platform to connect solar panel installers with the customers

Funded by: General Catalyst

Total funding so far: $9 Million

5. Cygni (WS) (LI)

Founder: Venkat Rajaraman (LI)

Founded in: 2015

Head office: Hyderabad, Telangana

Provides: Solar power DC solution to homes

Funded by: Equity funding was led by Meridian Global Ventures and the debt round by Indian Overseas Bank

Total funding so far: $28.6M over 12 rounds

4. Fourth Partner Energy (WS) (LI)

Founder: Vivek Subramanian (LI), Saif Dhorajiwala (LI)

Founded in: 2010

Head office: Hyderabad, Telengana

Provides: Rooftop solar installations

Funded by: Line of credit by Bank of America, The Rise Fund, Norfund, CDC Group, ASN Bank, ResponsAbility

Total funding so far: raised a total of $263.3M in funding over 8 rounds

3. Azure power (WS) (LI)

Founder: Inderpreet Wadhwa (LI)

Founded in: 2008

Head office: New Delhi, New Delhi

Provides: Utility scale solar power projects for rooftops

Funded by: Foundation Capital, Helion Ventures, IFC and German development bank DEG

Total funding: $57.2m

2. CleanMax Solar (WS) (LI)

Founder: Sushant Arora (LI), Kuldeep Jain (LI), Andrew Hines (LI)

Founded in: 2011

Head office: Mumbai, Maharashtra

Provides: Solar panel rooftop installations

Funded by: UK Climate Investments

Total funding: 188.2 Million USD

1. ReNew Power (WS) (LI)

Founder: Sumant Sinha (LI)

Founded in: 2010

Head office: Gurugram, Haryana

Provides: Solar and wind energy solutions. Windmill installation and solar panel installation

Funded by: Raised a $1-billion project loan through external commercial borrowings (ECB), tying up with 12 international banks for the finance.

Let me know if there are any more Solar startups doing a remarkable job in the clean energy sector. Please write in comments. Each comment makes me very happy.

Thanks

Sincerely yours

Siddharth Soni