NEW DELHI, Solios Solar Energy Pvt Ltd, a leading provider of solar EPC solutions, has raised equity funding of approximately Rs. 48.5 crores have been collected. The lead advisor for the transaction was Swastik Investsmart Limited. Investors in the funding round include Sunil Singhania’s family office of India Ahead Venture Fund, Madhuri Madhu Kela, Nebs Vritsi LLP, Pawan Aggarwal, head of PCG at Incred Capital and several other HNIs.
This funding infusion will help the company increase its working capital. As the company offers reliable power solutions, the funding company will help in areas such as project execution, team building, international business development and Independent Power Projects (IPP). Established in 2012, Soleos Solar Energy Pvt Ltd is a leading EPC service provider. Company C&I prides itself on being a strong and reliable provider of turnkey solar solutions in rooftops, ground mount solar projects and solar parks. The company is known for its affordable and reliable power solutions, ecological soundness and harmonious customer relations. Oleos Solar Energy has projects across Spain, UK, Germany and Portugal.
Bhavesh Rathore, Founder and Director of Soleos Solar Energy expressed his gratitude and said, тАЬWe are proud to get this funding, as it will give the company a way to grow further. Solios Solar Energy has always been on the path of development by incorporating the latest technologies, innovation and training.”
Speaking on the development, Sunil Nyati, Managing Director, Swastik Investments Limited said, тАЬThis funding will open many doors for the company, pave the way for capitalization of its existing projects and accelerate participation in the growing industry. Being a reputed name, Soleos Solar Energy is ready to put these funds to good use.тАЭ
Currently, the company has Rs. 450 crore worth of orders to set up approximately 140 MW projects. With the support and advice of Swastik Investsmart and Beeline Capital, Soleos Solar Energy has successfully raised a significant amount of funding.
Telegram Link :
For latest news, first Hand written articles & trending news join Saachibaat telegram group
https://t.me/joinchat/llGA9DGZF9xmMDc1
