Startup Atlas · Clean Tech

Rays Power Infra

Rays Power Infra Limited ● Jaipur, Rajasthan ● Founded 2011 ● rayspowerinfra.com ↗

Jaipur-founded, Mumbai-headquartered integrated solar energy company operating through two business models — Co-Development (creating ready-to-build solar infrastructure for developers) and EPC (engineering, procurement and construction) — with capabilities spanning project development, EPC, independent power production and O&M. Has filed a draft IPO prospectus with SEBI.

Ketan Mehta · Founder & Managing Director Pawan Kumar Sharma · Founder & Whole-time Director
$49.96 MnTotal funding (tracked)
3Funding rounds
9 Jul 2024Last round

Rays Power Infra: Funding Rounds

Date Round Amount Investors Source
9 Jul 2024 Private Placement ₹125.5 Cr Arun Kumar Kedia Avarjit Singh Birghi Bhupesh Kumar Lodha Chanchal Devi Lodha Deepanshu Goel Dhirajlal Amrutlal Amlani Equity4Life LLP Gaurav Chopra Harneet Kaur Harshad Ramlal Seth Ishmohit Arora Kartik Jain Manish Gupta Minal Bhattacharya Narayan Prasad Sharma Naresh Bhargava Perchcap LLP Puneet Prahlad Deora Shiv Sehgal Shruti Lodha Sudhir Shivji Bheda Suneel Vadlamundi Sunil Kumar Gupta Surabhi Yash Shah Tushar Anand Vanaja Sundar Iyer Vikash Jain Vimana Capital Management LLP Vimla Mahesh Velani Vinod Kumar Lodha Vivek Jain Vivek Lodha Weststone Management Consultancy Private Limited source
28 Mar 2024 Pre-IPO Placement ₹54 Cr Ashok Kumar Avarjit Singh Birghi Balbir Saran Debesh Prasad Nanda Gaurav Chopra Harneet Kaur Kamlesh Navinchandra Shah Manish Gupta Rakesh Laroria Roopali Uppal Sarabjeet Kaur Surinder Kaur Tushar Anand Vijay Mohan Karnani Vikash Jain Vinod Anand Juneja source
21 Dec 2018 Mezzanine ₹200 Cr DMI Finance source

Recent Signals

  • 1 Oct 2025 · funding
    Rays Power Infra files DRHP with SEBI for ₹1,150 crore IPO source

News on Rays Power Infra

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FAQs on Rays Power Infra

Who founded Rays Power Infra?

Rays Power Infra was founded by Ketan Mehta, Pawan Kumar Sharma in 2011.

How much funding has Rays Power Infra raised?

Rays Power Infra has raised $49.96 Mn across 3 tracked funding round(s), most recently on 2024-07-09. Figures are compiled from cited public sources.

Who are the investors in Rays Power Infra?

Investors in Rays Power Infra include Arun Kumar Kedia, Avarjit Singh Birghi, Bhupesh Kumar Lodha, Chanchal Devi Lodha, Deepanshu Goel, Dhirajlal Amrutlal Amlani, Equity4Life LLP, Gaurav Chopra.

What does Rays Power Infra do?

Jaipur-founded, Mumbai-headquartered integrated solar energy company operating through two business models — Co-Development (creating ready-to-build solar infrastructure for developers) and EPC (engineering, procurement and construction) — with capabilities spanning project development, EPC, independent power production and O&M. Has filed a draft IPO prospectus with SEBI.

Where is Rays Power Infra headquartered?

Rays Power Infra is headquartered in Jaipur, Rajasthan, India.

What is Rays Power Infra's business model?

Rays Power Infra's core value proposition centers on End-to-end utility-scale solar solutions, Pioneer of the Co-Development business model in India, Scale and track record.

How does Rays Power Infra make money?

Rays Power Infra's cited revenue streams include EPC Business revenue, Co-Development Business revenue, Other operating revenue (O&M and electricity sale).

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the "source" links beside each entry. Profile sources: nsearchives.nseindia.com inc42.com · Last verified 23 Oct 2026. · Report a correction