InSolare is a renewable energy project construction company providing technology- and customer-driven EPC solutions for commercial and industrial clients. Led by Navashil Sharma, the company has more than ten years of experience serving clients across India. It has completed over 300 MW of EPC work orders and last year finished a 70 MWp solar park in Jalna, Maharashtra with 46.6 MW AC and 65.35 MW DC capacity. InSolare plans a 500 MW solar park as part of its expansion pipeline. The company raised Rs 66 crore (about $8 million) in a growth funding round led by Negen Capital, with participation from Ankit Mittal (Khazana Tradelink) and Mukul Mahavir Aggarwal (Anchorage Capital Fund). According to the company press release, the investment will help accelerate its impact in the renewable energy sector and further enhance its capabilities.

Total raised

$8M

Funding rounds

1

Latest round

Equity

Latest activity

Feb 2024