SolarSquare bags $53M Series C led by B Capital, largest VC round in India's residential solar
Mumbai-based D2C rooftop solar brand SolarSquare raised $53M Series C led by B Capital, taking total funding to $100M. Capital fuels city expansion, battery storage and home energy management. Brand claims ₹1,000 cr ARR and 50,000 homes powered as India adds 1 lakh solar homes every 10 days.
What happened
SolarSquare raised $53M Series C led by B Capital, the largest VC round in India's residential solar segment. Funds will expand the D2C rooftop solar brand into
Key facts
- $53 million Series C
- $100 million total raised
- ₹1,000 crore ARR
- 50,000 homes powered
- 1 lakh homes adopting solar every 10 days
Why this matters
SolarSquare's $100M war chest and city expansion push make it the consolidator to watch in fragmented Indian rooftop solar—monitor for tuck-in M&A of regional installers and battery/EMS partnership signals.