SolarSquare
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Investors
Founders
About
SolarSquare is a Mumbai-based residential rooftop solar company founded in 2015 by Shreya Mishra, Neeraj Jain, and Nikhil Nahar 12. The company provides end-to-end rooftop solar solutions for homes and housing societies across India, covering consultation, installation, financing, monitoring, and after-sales service 12. As of the June 2026 announcement, the Series C round takes SolarSquare’s total capital raised to more than $100 million 123.
Funding History
| Date | Round | Amount | Lead | Co-investors |
|---|---|---|---|---|
| 2026-06-16 | Series C | $53M | B Capital | Lightspeed, Elevation Capital, Lowercarbon Capital, Rainmatter by Zerodha, Good Capital 1234 |
Post-money valuation: ~$470M (Rs 4,500 crore) 4. Contributions per ROC filings: B Capital Rs 287.7 crore, Lightspeed Rs 79.85 crore, Lowercarbon Rs 65.83 crore, Good Capital Rs 40.73 crore, Mangum LLC Rs 21.94 crore, Rainmatter Rs 11 crore 4. MS Dhoni later joined via Midas Deals family office as part of the round 56.
What Investors Say
Karan Mohla of B Capital said: “India’s energy transition will not be won on the grid alone — it will be won home by home” 1.
What Founders Say
No independently sourced founder testimonials with substantive commentary on operations found at time of publication.
Sources
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StartupTalky, “SolarSquare Raises $53 Million led by B Capital to Build India’s Largest End-to-End Residential Solar Platform,” June 16, 2026. Accessed July 2026. https://startuptalky.com/news/solarsquare-raises-53-million-series-c-funding/↩↩↩↩↩
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Entrepreneur India, “SolarSquare Raises USD 53 Million in B Capital-led Series C Round,” June 16, 2026. Accessed July 2026. https://india.entrepreneur.com/business-news/solarsquare-raises-usd-53-million-in-b-capital-led-series-c-round↩↩↩↩
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DealStreetAsia, “Indian solar startup SolarSquare bags $53m in B Capital-led round,” June 2026. Accessed July 2026. https://www.dealstreetasia.com/stories/solarsquare-b-capital-led-round-48563↩↩
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Entrackr, “Decoding: SolarSquare valued at $470 Mn after Series C; co-founders retain 27.5% stake,” July 3, 2026. Accessed July 2026. https://entrackr.com/decoding/decoding-solarsquare-valued-at-470-mn-after-series-c-co-founders-retain-275-stake-12130732↩↩↩
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Entrackr, “MS Dhoni invests in SolarSquare as part of $53 Mn Series C round,” July 21, 2026. Accessed July 2026. https://entrackr.com/snippets/ms-dhoni-invests-in-solarsquare-as-part-of-53-mn-series-c-round-12183463↩
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SiliconIndia, “MS Dhoni Invests in SolarSquare’s $53 Million Series C Round,” July 21, 2026. Accessed July 2026. https://www.siliconindia.com/news/startups/ms-dhoni-invests-in-solarsquares-53-million-series-c-round-nid-241597-cid-19.html↩