Startup Atlas · Clean Tech

SolarSquare

Mumbai, Maharashtra Founded 2015 solarsquare.in ↗
Neeraj Jain · Co-founder Shreya Mishra · Co-founder & CEO Nikhil Nahar · Co-founder
$108.73 MnTotal funding (tracked)
4Funding rounds
16 Jun 2026Last round

SolarSquare: Business Model Canvas

The nine-block Business Model Canvas, filled in only where a public source states it — empty blocks mean we haven't found a citable fact yet, not that the answer is zero.

Value Propositions

Guaranteed solar output, money-back on shortfall

Compensates customers if the promised electricity generation isn't delivered, framed as a fixed-deposit-like guaranteed return.

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First mover on performance guarantees in India

Positions itself as the first company in the country to offer performance guarantees on rooftop solar installations.

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Customer Segments

Individual homeowners

Residential customers who install rooftop solar systems on their homes.

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Housing societies (RWAs)

Residential welfare associations/housing societies adopting shared rooftop solar installations.

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Customer Relationships

Full-stack service with after-sales support

Handles the entire customer journey from system design and sale through installation, permitting, financing, and after-sales service.

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Channels

Local installation & sales partners in smaller cities

Works with local partners for expansion into Tier 2/Tier 3 cities while retaining quality control.

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Merchant-side apps for installation & sales partners

Back-end technology dashboards and merchant apps supporting installation and sales partners across the customer journey.

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Key Activities

System design, sale & rooftop installation

Designing and selling solar systems and installing them on customers' rooftops.

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In-house NBFC for solar loans

Building its own NBFC to offer fast loan approvals to residential solar buyers.

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Key Resources

Proprietary WindPro Mount rooftop mounting system10-yr warranty

In-house engineered elevated mounting structure for rooftop solar panels, designed to withstand high winds; carries a 10-year warranty, a zero-rust guarantee, and IIT Bombay certification.

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Founding team of IIT Bombay-linked engineers

Co-founded in 2015 by Neeraj Jain, described as "an engineer with banking experience," and Nikhil Nahar; IIT Bombay graduate Shreya Mishra later joined as co-founder, bringing consumer-business expertise from her earlier startup Flyrobe.

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Standardized, prefabricated solar installation kits6-7 hrs install

Ready-to-install standardized solar kits replace custom on-site builds, cutting a typical residential rooftop installation down to six to seven hours.

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In-house remote monitoring technology

Investing in proprietary technology to build systems for monitoring and managing residential solar installations remotely, underpinning its output-guarantee model.

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Key Partnerships

Solar panel supply partners

Does not manufacture its own solar panels; procures them from panel vendors including Premier, Navitas, Adani and Rayzon.

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Enphase microinverter technology alliance

Partnership with US solar-tech company Enphase pairs Enphase microinverters with SolarSquare's rooftop panel installations, extending warranty coverage and reliability for customers.

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Bank partnerships for customer EMI financing

Forged partnerships with several banks so customers who prefer EMI financing can pay via monthly installments comparable to their electricity bill.

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Revenue Streams

Rooftop solar installation sales

Core revenue from designing and installing residential rooftop solar systems.

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Solar financing

Financing support/loans for residential solar buyers.

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Battery storage & energy management

Newer home-energy offerings beyond core installation, including battery storage and energy management solutions.

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Cost Structure

No cited public information yet.

FAQs on SolarSquare

What is SolarSquare's business model?

SolarSquare's core value proposition centers on Guaranteed solar output, money-back on shortfall, First mover on performance guarantees in India.

How does SolarSquare make money?

SolarSquare's cited revenue streams include Rooftop solar installation sales, Solar financing, Battery storage & energy management.

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the "source" links beside each entry. Profile sources: entrackr.com · Last verified 9 Sep 2026. · Report a correction