SolarSquare forayed into the B2C segment in 2021 to offer rooftop solar solutions and today residential households account for 70% of its business
The startup serves a wide network of 500 to 1,000 customers in each of these 15+ cities, including Bengaluru, Pune, Indore, Lucknow, etc
SolarSquare claims to have secured INR 120 Cr since its inception. Of its total funding, it has infused a majority of funds towards developing tech and building teams.
India is one of the largest energy-consuming countries in the world, and the nation’s energy needs are only going to increase with time.
Having foreseen this a decade ago, the Union government had set a target of installing 100 GW of solar power capacity in the country by 2022. Although the deadline has now been extended to 2026, the seriousness for solar rooftop installations, which are supposed to account for 40% of the total solar energy generation, runs unrestricted among industry stakeholders, including climate tech entrepreneurs.