Amplus Solar

Gurugram, India Founded: 2008 • Age: 18 yrs Acquired By PETRONAS
Solar installation services and renewable energy solutions are provided.
Annual revenue - Latest available
Total funding $7.2M 5 rounds
Employees - Tracked headcount
Investors 4 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Amplus Solar

Amplus Solar is a company based in Gurugram (India) founded in 2008 was acquired by PETRONAS in April 2019. Amplus Solar has raised $7.16 million across 5 funding rounds from investors including I Squared Capital, UltraTech Cement and PETRONAS. Amplus Solar operates in a competitive market with competitors including Rays Power Infra, Fourth Partner Energy, SB Energy, Oriano Solar and Sterling And Wilson, among others.

  • Headquarter Gurugram, India
  • Sectors
    Energy & Utilities
  • Email
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  • Phone
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  • Website
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  • Social
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Operational Areas
Energy & Utilities → Renewable & Clean Energy Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $7.16 M (USD)

    in 5 rounds

  • Latest Funding Round
    $5.9 M (USD), Series A

    Jan 24, 2024

  • Investors
  • Employee Count
    Not available
  • Acquired by
    PETRONAS

    (Apr 15, 2019)

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Funding Insights of Amplus Solar

Amplus Solar has successfully raised a total of $7.16M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $5.9 million completed in January 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Amplus Solar

Amplus Solar has secured backing from 4 investors, including institutional investors. Prominent investors backing the company include I Squared Capital, UltraTech Cement and PETRONAS.

All
Institutional
Investor Description Founded Year Domain Location
Grey cement, ready-mix concrete, and white cement are manufactured.
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Investments are focused on infrastructure sectors like energy and transport.
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Brightbridge Advisors is engaged in private school admissions consulting.
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Investor details for Amplus Solar

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Investments & Acquisitions by Amplus Solar

Investments
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Investment portfolio details for Amplus Solar

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Financial Statements - Amplus Solar

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Detailed financials for Amplus Solar

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Amplus Solar Comparisons

Amplus Solar Primary company
Description
Solar installation services and renewable energy solutions a...
Location
Gurugram, India
Founded Year
2008
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Amplus Solar

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Competitors of Amplus Solar

Amplus Solar operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Rays Power Infra, Fourth Partner Energy, SB Energy, Oriano Solar and Sterling And Wilson, among others.

Company Name Domain Founded year HQ Location Description
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Turnkey solar engineering, procurement, and construction solutions are provided.
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On-grid and off-grid solar solutions and products are provided.
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Solar energy projects are developed and managed globally.
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Solar energy projects are developed by Oriano Solar in India.
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EPC and MEP services are provided across diverse sectors.
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Detailed competitors of Amplus Solar

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Latest news on Amplus Solar

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Complete news archive for Amplus Solar

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Frequently Asked Questions about Amplus Solar

Amplus Solar was founded in 2008 and raised its 1st funding round 6 years after it was founded.

Amplus Solar is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.

Amplus Solar is a funded company, having raised a total of $7.16M across 5 funding rounds to date.

Amplus Solar was founded in 2008 in Gurugram, India, within the renewable energy sector. Solar installation services are offered, alongside expansions into battery storage, residential solar systems, distributed green hydrogen, solar-wind hybrids, and IREC solutions. Operations encompass solar generation, solar-plus-storage projects, wind energy, and green hydrogen production, with a focus on developing sustainable clean energy systems across various applications.

Amplus Solar's top competitors include Rays Power Infra, Fourth Partner Energy and Oriano Solar.

Amplus Solar has 4 investors. Key investors include I Squared Capital, UltraTech Cement, PETRONAS, and Brightbridge Advisors.

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