Navitas Alpha Renewables Private Limited (NARPL) manufactures EVA encapsulant films for solar modules and markets them under the EVO FCP brand. NARPL is a joint venture between Navitas Green Solutions Private Limited (Navitas Solar) and Alpha Plastomers Private Limited (Alpha Group). The company began manufacturing in 2020. It recently secured INR 7 crore in seed funding to add incremental capacity and to strengthen its R&D initiatives. NARPL will also use part of the capital to ramp up testing capabilities and improve its product's value proposition. Management says the backing will help the company capitalize on growing solar opportunities and pursue industry leadership.

Total raised

$1M

Funding rounds

1

Latest round

Seed

Latest activity

Sep 2022