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Residential Solar Company SolarSquare Raises $12.8 Million Series A Funding

Major investments include scaling up R&D and building back-end technology

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Mumbai-based rooftop solar start-up SolarSquare has raised ₹1 billion ($12.8 million) as part of its series A funding round led by Elevation Capital and U.S.-based climate-focused fund Lowercarbon Capital. Existing investors, including Good Capital, Rainmatter, Better Capital, and angels Vidit Atrey and Sanjeev Barnwal (Meesho), also participated in this funding round.

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