SolarSquare in talks to raise up to $60M as India's rooftop solar market draws major VC interest

India's SolarSquare is raising $60M at a $500M valuation. It has powered 50,000 homes.

SolarSquare, an Indian rooftop solar startup, is in advanced talks to raise $55 million to $60 million at a valuation between $450 million and $500 million, TechCrunch reports. B Capital and Lightspeed Venture Partners are set to co-lead the Series C round. The deal would more than double SolarSquare’s valuation from 18 months ago. Lightspeed […] This story continues at The Next Web

SolarSquare in talks to raise up to $60M as India’s rooftop solar market draws major VC interest

SolarSquare, an Indian rooftop solar startup that helps households and housing societies adopt solar power, is in advanced talks to raise fresh capital after securing India’s largest solar venture investment in December 2024, TechCrunch has learned. B Capital and Lightspeed Venture Partners are set to co-lead the Series C round, which could value SolarSquare at between $450 million and $500 million and bring in $55 million to $60 million in new …

SolarSquare in talks to raise up to $60M as India's rooftop solar market draws major VC interest

SolarSquare could be valued at up to $500 million in the financing expected to close next month.

India’s SolarSquare is raising $60M at a $500M valuation. It has powered 50,000 homes.

SolarSquare, an Indian rooftop solar startup, is in advanced talks to raise $55 million to $60 million at a valuation between $450 million and $500 million, TechCrunch reports. B Capital and Lightspeed Venture Partners are set to co-lead the Series C round. The deal would more than double SolarSquare's valuation from 18 months ago. Lightspeed [ . . . ] This story continues at The Next Web

BLK ALERTS - SolarSquare in talks to raise up to $60M as India’s rooftop solar market draws major VC interest

SolarSquare could be valued at up to $500 million in the financing expected to close next month.