Elevation Capital leads Rs 100 Cr Series A for SolarSquare.
- Elevation Capital and Lowercarbon, Chris Sacca’s climate-tech firm, led SolarSquare’s Rs 100 crore ($12 million) Series A.
- Existing investors Good Capital, Rainmatter, and angels Vidit Atrey and Sanjeev Barnwal also participated (Meesho).
- The 2022 Mumbai startup’s second fundraising round. Good Capital led its June seed round of Rs 30 crore. SolarSquare targets pan-India expansion in 18–24 months.
- The company will start its own NBFC to supply residential solar buyers with fast financing approvals and invest in installation design advances.