Published on May 24, 2026
India’s SolarSquare, a leading rooftop solar startup, has successfully powered 50,000 homes across the country. This achievement has solidified its position in the renewable energy sector, making solar energy more accessible to urban and rural households alike.
Now, the company is in talks to raise $55 million to $60 million, with a valuation reaching as high as $500 million. B Capital and Lightspeed Venture Partners are poised to lead this Series C funding round, a significant leap from its previous valuation just 18 months ago.
This surge in investment reflects growing confidence in SolarSquare’s business model and the increasing demand for sustainable energy solutions in India. The funds will likely be utilized to expand operations, improve technology, and increase outreach to potential customers.
The impending investment has the potential to transform the renewable energy landscape in India. As SolarSquare scales its operations, it could play a crucial role in the nation’s drive towards achieving energy independence and sustainability.
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